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2 days ago · Statements in this communication that are forward-looking may include statements regarding: (1) the transaction between Nokia and Infinera (the “Transaction”); (2) the expected timing of the closing of the Transaction; (3) considerations taken into account in approving and entering into the Transaction; (4) the anticipated benefits to, or ...
1 day ago · NOKIA has agreed to acquire Infinera in a transaction valuing the maker of optical telecommunications equipment at US$2.3 billion including debt. The cash-and-stock deal will value Infinera at US$6.65 a share, a 37 per cent premium to the trailing 180-day average of the San Jose, California-based company’s share price, according to a ...
1 day ago · Nokia will acquire Infinera Corp in a deal with an enterprise value of $2.3 billion, the companies said on Thursday, as the Finnish firm looks to expand its optical network business, especially in ...
1 day ago · Nokia's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence. The deal would help Nokia to leapfrog Ciena and become the second largest vendor in the optical networking market with a 20% share, behind Huawei ...
2 days ago · Nokia Corporation NOK recently inked a put option agreement with the French State for the divestiture of its submarine network business, Alcatel Submarine Networks (“ASN”). By selling ASN its non-core standalone business, Nokia is aiming to emphasize the growth potential in its core markets and improve the profitability of the Network Infrastructure business group.
1 day ago · Infinera shares soared about 18% to $6.20 about 45 minutes before the opening bell Friday. American depositary receipts (ADRs) of Nokia were little changed. Shares of Infinera soared in premarket ...
1 day ago · (Reuters) - Nokia is exploring a potential acquisition of Infinera Corp, a maker of optical telecommunications equipment, Bloomberg News reported on Thursday, citing people familiar with the matter.
