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Nokia to acquire US optical network firm Infinera in 2.1 billion euro deal

Nokia to acquire US optical network firm Infinera in 2.1 billion euro deal

06/28/24, 8:21 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/FI.svgespoo
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan jose
Industry
hardware
information technology
hardware
Nokia, a Finnish networking tech company, has announced its plans to acquire the US optical networking firm Infinera in a cash-and-stock deal valued at around 2.1 billion euros. The acquisition is aimed at strengthening Nokia's position in the optical network market, particularly in North America, and is expected to significantly increase the scale of its optical networks business.

Company Info

Company
Infinera
Location
Espoo, Etelä-Suomi, Finland
Company info
Infinera is a global supplier of open, disruptive, and cloud-optimized solutions for service providers, telecommunications operators, and content network providers.

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