Market Overview

Radisys Shareholders Approve Proposals Related to Planned Acquisition by Reliance Industries


Radisys Corporation (NASDAQ:RSYS), a global leader of open telecom
solutions, today announced that its shareholders have voted to approve
proposals related to the previously announced merger agreement under
which Radisys will be acquired by Reliance Industries, with over 97% of
shares that voted being in favor of the merger.

The transaction is expected to close in the fourth quarter of 2018,
subject to the satisfaction or waiver of customary closing conditions,
including regulatory approvals. Upon the completion of the proposed
transaction, Radisys shareholders will be entitled to receive $1.72 in
cash per share, subject to the terms of the definitive merger agreement,
and Radisys' common stock will no longer be publicly traded and will be
delisted from the NASDAQ Global Select Market.

About Radisys

Radisys (NASDAQ:RSYS), a global leader in open telecom solutions,
enables service providers to drive disruption with new open architecture
business models. Radisys' innovative disaggregated and virtualized
enabling technology solutions leverage open reference architectures and
standards, combined with open software and hardware to power business
transformation for the telecom industry, while its world-class services
organization delivers systems integration expertise necessary to solve
communications and content providers' complex deployment challenges. For
more information, visit

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