An investigation on behalf of investors, who currently hold shares of Radisys Corporation (NASDAQ: RSYS), was announced concerning whether the takeover of Radisys Corp. is unfair to NASDAQ: RSYS stockholders.

The investigation by a law firm concerns whether certain officers and directors of Radisys Corporation breached their fiduciary duties owed to NASDAQ: RSYS investors in connection with the proposed acquisition.

Hillsboro, OR based Radisys Corporation provides telecom solutions worldwide. It operates in two segments, Software-Systems and Hardware Solutions.

On June 29, 2018, Radisys Corporation (NASDAQ: RSYS) and Reliance Industries Limited, have entered into an agreement under which Reliance Industries Limited will acquire Radisys Corporation (NASDAQ: RSYS) for US$1.72 per share in cash.

However, given that at least one analyst has set the high target price for NASDAQ:RSYS shares at $2.50 per share, the investigation concerns whether the offer is unfair to NASDAQ: RSYS stockholders. More specifically, the investigation concerns whether the Radisys Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Shares of Radisys Corporation (NASDAQ: RSYS) closed on July 16, 2018, at $1.55 per share.