The purchase price represents a roughly 26.4% premium to Infinera stock’s June 27 close at $5.26, sending its share price up by more than 18% Friday. NOK stock, meanwhile, is higher by about 2% ...

Nokia will acquire Infinera Corp 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 network business, especially in ...

Nokia's bid to buy U.S. 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 ...

BRUSSELS (Reuters) - Nokia is set to secure unconditional EU antitrust clearance for its $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera, people ...