Radisys

Radisys Corporation
Company typeSubsidiary
IndustryTechnology
Founded1987; 37 years ago (1987)
HeadquartersHillsboro, Oregon, USA
45°32′07″N 122°53′16″W / 45.535179°N 122.887877°W / 45.535179; -122.887877
Key people
Arun Bhikshesvaran, President & CEO
Productsembedded operating systems
Revenue$372.6 million USD[1]
Decrease $76.4 million USD[1]
Decrease $65.9 million USD[1]
OwnerReliance Industries
Number of employees
1,000 (2020)[2]
ParentJio Platforms
DivisionsCommunications networking, commercial systems
Websitewww.radisys.com

Radisys Corporation is an American technology company located in Hillsboro, Oregon, United States that makes technology used by telecommunications companies in mobile networks. Founded in 1987 in Oregon by former employees of Intel, the company went public in 1995. The company's products are used in mobile network applications such as small cell radio access networks, wireless core network elements, deep packet inspection and policy management equipment; conferencing, and media services including voice, video and data. In 2015, the first-quarter revenues of Radisys totaled $48.7 million, and approximately employed 700 people.[3] Arun Bhikshesvaran is the company's chief executive officer.

On 30 June 2018, multinational conglomerate Reliance Industries acquired Radisys for $74 million.[4][5][6] It now operates as an independent subsidiary.[7]

  1. ^ a b c "2008 Annual Report" (PDF). RadiSys Corporation. March 6, 2009. Retrieved 2009-07-09.
  2. ^ "Reliance Industries signs $74-million acquisition deal to boost 5G, IoT push". 30 June 2018.
  3. ^ "Radisys stock jumps 10 percent on strong revenue growth". Oregon Live. April 14, 2015.
  4. ^ Mesecke, Lori (29 June 2018). "RELIANCE INDUSTRIES TO ACQUIRE RADISYS". www.radisys.com. Retrieved 1 July 2018.
  5. ^ "RIL to buy Radisys to accelerate Reliance Jio's 5G, IoT push". Mint. 30 June 2018. Retrieved 1 July 2018.
  6. ^ Pandey, Piyush (30 June 2018). "RIL acquire Radisys Corporation for $74 million". The Hindu. Retrieved 1 July 2018.
  7. ^ Mesecke, Lori (2018-06-29). "RELIANCE INDUSTRIES TO ACQUIRE RADISYS". www.radisys.com. Retrieved 2021-04-22.