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Shares of Infinera Corp. rallied 18% after hours Thursday after Finnish telecom giant Nokia Corp. said it has agreed to buy the San Jose, Calif.-based maker of optical telecom equipment for $2.3 ...
Nokia will acquire Infinera as it looks to expand its optical-networking presence. Here's what you need to know. The purchase price represents a roughly 26.4% premium to Infinera stock’s June 27 close ...
Nokia NOKIA-0.17%decrease; red down pointing triangle agreed to acquire Infinera in a deal valued at $2.3 billion as it pins more resources to its optical-networks business. The Finnish maker of 5G ...
June 27 (Reuters) - Nokia (NOKIA.HE), opens new tab will acquire Infinera Corp (INFN.O), opens new tab in a deal with an enterprise value of $2.3 billion, the companies said on Thursday, as the ...
BRUSSELS (Reuters) - The EU Commission on Wednesday said it had unconditionally approved the $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera by Nokia.
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