{"id":520084,"date":"2022-09-06T11:29:37","date_gmt":"2022-09-06T05:59:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=520084"},"modified":"2022-09-06T13:31:05","modified_gmt":"2022-09-06T08:01:05","slug":"reliance-industries-to-acquire-us-sensehawk-for-32-mn","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-to-acquire-us-sensehawk-for-32-mn\/","title":{"rendered":"Reliance Industries to acquire US SenseHawk for $32 mn"},"content":{"rendered":"<p>Reliance Industries Ltd has signed a definitive agreement to acquire a majority stake in the US-based SenseHawk Inc for $32 million.<\/p>\n<p>In a regulatory filing late Monday, Reliance Industries said it has inked an agreement to acquire majority stake in SenseHawk for $32 million including funding for future growth, commercial rollout of products, and research and development (R&amp;D).<\/p>\n<p>The turnover of SenseHawk for FY 2022, FY 2021 and FY 2020 was $2,326,369, $1,165,926, and $1,292,063, respectively.<\/p>\n<p>The transaction is subject to certain regulatory and other customary closing conditions and is expected to be completed before end 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd has signed a definitive agreement to acquire a majority stake in the US-based SenseHawk Inc for $32 million. In a regulatory filing late Monday, Reliance Industries said it has inked an agreement to acquire majority stake in SenseHawk for $32 million including funding for future growth, commercial rollout of products, and research and development (R&amp;D). The turnover of SenseHawk for FY 2022, FY 2021 and FY 2020 was $2,326,369, $1,165,926, and $1,292,063, respectively. The transaction is subject to certain regulatory and other customary closing conditions and is expected to be completed before end 2022.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,244,144],"tags":[],"class_list":["post-520084","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/520084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=520084"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/520084\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=520084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=520084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=520084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}