Inside Information: Nokia to acquire Infinera to increase scale in ...
Jun 27, 2024 · Offer split at least 70% cash and up to 30% stock; Infinera shareholders can elect cash, Nokia stock or a combination. Nokia to increase share buyback to offset dilution; deal financed from Nokia’s cash on hand.
Nokia to Acquire Infinera to Increase Scale in Optical Networks …
Espoo, Finland and San Jose, California, USA – Nokia (NYSE: NOK) and Infinera (NASDAQ: INFN), a global supplier of innovative open optical networking solutions and advanced optical semiconductors, today announced a definitive agreement under which Nokia will acquire Infinera in a transaction valuing the company at $6.65 per share or an ...
Infinera Soars After $2.3 Billion Deal to Be Acquired by Nokia
Jun 28, 2024 · Shares of Infinera (INFN) soared in premarket trading Friday, a day after the optical networking solutions company agreed to be acquired by Finnish telecommunications firm Nokia (NOK) for $2.3...
Nokia can fight Huawei and Ciena after $2.3B Infinera buy – CEO
Jun 28, 2024 · Nokia has indicated it will pay at least 70% of the Infinera fee in cash and the remainder in shares. It has, accordingly, promised to increase its share buyback program beyond the €600 million...
Inside Information: Nokia to acquire Infinera to increase scale in ...
Jun 27, 2024 · Nokia and Infinera see a significant opportunity in merging to improve scale and profitability, enabling the combined business to accelerate the development of new products and solutions to ...
Nokia to buy Infinera, unique US chipmaker now answers to Finland
Jun 27, 2024 · Nokia and Infinera today announced a definitive agreement under which Nokia will acquire Infinera in a transaction valuing the company at $6.65 per share or an enterprise value of US$ 2.3...
Nokia to acquire Infinera in $2.3 billion deal to scale up optical …
Jun 28, 2024 · (Reuters) — Nokia (NOK) will acquire Infinera Corp. (INFN) in a deal with an enterprise value of $2.3 billion, the companies said on Thursday, as the Finnish firm looks to expand its optical...
Nokia to Acquire Infinera in $2.3 Billion Deal: What to Know
Jun 28, 2024 · 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...
Nokia taps AI boom with $2.3 billion Infinera purchase - Yahoo Finance
Jun 28, 2024 · Nokia's (NOK) bid to buy US optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data...
Nokia taps AI boom with $2.3 billion Infinera deal - RTÉ
Jun 28, 2024 · Nokia's bid to buy US optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres...