Reliance Industries Arm Acquires 23.3 Per Cent Stake In US-Based Autonomous Robotics Firm
Reliance Strategic Business Ventures Limited (RSBVL), a subsidiary of Reliance Industries Limited (RIL), has acquired a 23.3 per cent stake in US-based Exyn Technologies for $25 million. The two companies have also entered into a Strategic Partnership Agreement to collaborate on technology and commercialise Exyn's technology.
Reliance Strategic Business Ventures Limited (RSBVL), a subsidiary of Reliance Industries Limited (RIL), has acquired a 23.3 per cent stake in US-based Exyn Technologies for $25 million. The two companies have also entered into a Strategic Partnership Agreement to collaborate on technology and commercialise Exyn's technology.
US-based Exyn Technologies, 23.3 per cent stake, Strategic Partnership Agreement, Reliance Industries Limited, Reliance Strategic Business Ventures Limited, two companies, RSBVL, subsidiary, RIL, technology