Acquiring Company
Nokia
Acquired Company
Infinera
Espoo
San JoseInformation TechnologyHardwareMessaging And TelecommunicationsSatellite CommunicationVoipIntellectual PropertyHardwareVoipDescription
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.
Quick answer
Nokia is acquiring Infinera for $2.3 billion, announced June 28, 2024. Nokia is based in Espoo, Uusimaa, Finland.
- How much did Nokia pay for Infinera?
- The reported deal value is $2.3 billion.
- What does Nokia do?
- Nokia is a global technology company that provides connectivity and communication services.
- Where are Nokia and Infinera based?
- Nokia is based in Espoo, Uusimaa, Finland. Infinera is based in San Jose, California, United States.
- Who are the decision-makers at Nokia?
- Fundz holds 2 contacts at Nokia. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hardware and Messaging And Telecommunications
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Nokia's acquisition of Infinera to scale up Optical Networks and accelerate product roadmap (June 27, 2024)
- Nokia completes acquisition of Fenix Group, reinforcing U.S. defense strategy (May 22, 2024)
- IX Acquisition Corp. secures $2.59M in SAFEs ahead of merger with AERKOMM Inc., $2.6M (August 12, 2024)
- TD&I Cable Maintenance and Tower Arch Capital Complete the Acquisition of Underground Systems (July 10, 2024)
- In-Telecom Consulting, LLC Acquires Lantana Communications to Expand Footprint into Texas (May 29, 2024)
- T-Mobile to acquire UScellular's Wireless Operations and Select Spectrum Assets for $4.4B, $4.4B (May 28, 2024)
Who to call at Nokia, and when
When Nokia changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Nokia raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nokia, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Infinera?
Infinera was acquired by Nokia, based in Espoo. The deal was reported on June 28, 2024. Nokia is a global technology company that provides connectivity and communication services. Nokia is publicly traded (NOK) and operates in Information Technology.
When did Nokia acquire Infinera?
Nokia's acquisition of Infinera was reported on June 28, 2024. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Infinera do?
Infinera is a global supplier of open, disruptive, and cloud-optimized solutions for service providers, telecommunications operators, and content network providers. It is privately held, operating in Hardware, and is based in San Jose.
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