Nokia (NOK) announced it will buy Infinera (INFN) in a deal that values the global supplier of open optical networking solutions and advanced optical semiconductors at approximately $2.3 billion, or ...

Nokia NOKIA-6.98%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 ...

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.

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 ...

Infinera was leaping on Friday after agreeing to be acquired by Finnish telecommunications network equipment company Nokia. It’s a sign that competition is about to get fiercer in the ...