HFCL Acquires Controlling Stake In Raddef
2019-05-17 Merger and Acquisitions Electronic & Telecom Equipment Northern India
Himachal Futuristic Communications Limited (HFCL) acquired controlling stake of 90.0% in Raddef Private Limited, thereby making it a subsidiary of the company.
The company is continously working for increasing its portfolio of products with new technologies. The company is already working on the development of new products viz., Wi-Fi systems, High Capacity Radio Relays (HCRR), Unlicensed Band Radios, Back Haul Radios and different kinds of Microwave Radios and Security & Surveillance Systems.
In step further towards adding new products in its portfolio, the company has acquired controlling stake in RADDEF.