Reliance to acquire 79.4% stake in California-based SenseHawk for $32 Million
Shortpedia
Content Team
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Reliance Industries on Tuesday said it will acquire a majority stake in California-based solar energy software developer SenseHawk for USD 32 million (around Rs 256 crore). The acquisition of a 79.4 per cent stake in SenseHawk is part of the conglomerate's aggressive push into renewable energy to decarbonise its oil and chemical-dominated business.
