International Companies

Nokia buys US firm Infinera to bolster optical networks

By Benjamin Chiou

Date: Friday 28 Jun 2024

(Sharecast News) - Shares in California-based network connectivity solutions group Infinera were surging ahead of the opening bell on Friday after Finnish telecoms giant Nokia agreed to pay $2.3bn to take over the company in a bid to increase its scale in optical networks.
The deal, according to a statement from...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page