Nokia Wraps Up $2.3 Billion Acquisition of Infinera

Trading View
2025.02.28 16:06
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Nokia completed its acquisition of US-based optical networking services company Infinera, according to a Friday release. The new unit will be included in the Finnish telecommunications group's Optical Networks business. The transaction aims to improve Nokia's scale and profitability in optical networks, as well as support its data center expansion plans and strengthen its presence in North America. In June 2024, Nokia offered $6.65 for each of Infinera's shares, which represents an enterprise value of $2.3 billion.

Nokia completed its acquisition of US-based optical networking services company Infinera, according to a Friday release.

The new unit will be included in the Finnish telecommunications group's Optical Networks business. The transaction aims to improve Nokia's scale and profitability in optical networks, as well as support its data center expansion plans and strengthen its presence in North America.

In June 2024, Nokia offered $6.65 for each of Infinera's shares, which represents an enterprise value of $2.3 billion.

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