logo
logo

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.
G2 High Performer Badge

Unlock Strategic Intelligence with Fundz

This is just a small preview. Unlock the full dataset of company insights, strategic events, and leadership shifts — all in one platform.

Trusted by sales, BD, and investment teams at Oracle, HubSpot, Affinity, and more.

Related people

LH

MH

NH

JH

PH

Sign up to get related executive contact information