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Reliance to acquire majority stake in US solar technology firm SenseHawk

Reliance Industries Ltd to acquire majority stake in SenseHawk

Reliance Industries To Acquire 79 4 Per Cent Stake In US-Based Solar Software Startup SenseHawk For $32 Million

Reliance Industries To Acquire 79 4 Per Cent Stake In US-Based Solar Software Startup SenseHawk For $32 Million
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Reliance Industries to acquire majority stake in US-based SenseHawk

Reliance Industries has signed agreements to acquire a majority stake of 79.4 per cent in SenseHawk, a service provider for the solar energy generation industry.

RIL acquires 79 4% stake in software-based management tools developer SenseHawk for $32 mn

According to an exchange filing, this transaction between Reliance Industries and US-based SenseHawk is subject to requisite regulatory approvals and other customary closing conditions and is likely to be completed before 2022.

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