Reliance Industries to acquire 79% stake in SenseHawk for $32m

Reliance Industries to acquire 79% stake in SenseHawk for $32m

Reliance Industries Limited (RIL) has agreed to acquire a stake of 79.4% in SenseHawk, a California-based start-up that develops software-based management tools for the solar energy generation industry. The consideration of the deal is $32 million, which covers funding for future growth, commercial launch of products, and research and development (R&D). SenseHawk is said to […]