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 ...

Telecom gear makers, struggling with lower sales of 5G equipment, have been looking for ways to diversify their markets and get into growing areas such as AI. "This is pretty optimal timing for a deal ...

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 with ...

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.