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13 hours ago · Nokia also said in a separate statement on Thursday that the French government planned to purchase its Alcatel Submarine Networks unit, which has an enterprise value of €350 million. The company, which largely operated independently and had a much longer sales cycle, did not fit well into the rest of Nokia’s operations, Lundmark said in an interview on Friday.
6 hours ago · To tap into AI-driven data centre boom. Nokia's bid to buy US optical networking gear maker Infinera in a US$2.3 billion ($3.44 billion) deal puts the Finnish company on track to gain from the ...
42 minutes ago · ShareNokia and Infinera, a global supplier of innovative open optical networking solutions and advanced optical semiconductors, today announced a definitive agreement under which Nokia will acquire Infinera in a transaction valuing the company at $6.65 per share or an enterprise value of US$ 2.3 billion. The transaction represents a premium of 28% to Infinera’s share […]
1 day ago · 5 Mins. June 28, 2024 | 6:45 PM BST. Pekka Lundmark, President and CEO of Nokia. Source: Nokia. Nokia (NYSE: NOK) said it will acquire global supplier of open optical networking solutions and advanced optical semiconductors Infinera (NASDAQ: INFN) in a transaction valuing the company at US$6.65 per share or an enterprise value of US$ 2.3 billion.
1 hour ago · Nokia Corp. (NOK) has entered into a definitive agreement to acquire Infinera Corp. (INFN), a global supplier of optical networking solutions and semiconductors, in a transaction valued at $2.3 ...
1 day ago · 1.63%. Nokia (NOK) has agreed to acquire Infinera (NASDAQ: INFN) in a $2.3 billion deal to strengthen its optical-networks business. The announcement sent INFN shares soaring nearly 19% in premarket trading Friday. Nokia, known for its 5G cellular antennas and telecom infrastructure, expects that merging with networking solutions provider ...
6 hours ago · Nokia will pay at least 70% of the consideration in cash. Infinera shareholders can choose to receive up to 30% of the total payment in Nokia ADSs. Infinera shareholders can choose either $6.65 in cash, 1.7896 Nokia shares, or a combination of $4.66 in cash and 0.5355 Nokia shares for each Infinera share.
