EU approves $2.3 billion takeover of Infinera by Nokia [Yahoo! Finance Canada]
Infinera Corporation (INFN)
Last infinera corporation earnings: 2/25 04:03 pm
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Source: Yahoo! Finance Canada
the $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera by Nokia. The commission said the takeover raised no concerns, as the companies' combined market share in the supply of optical transport equipment would be moderate and would still face credible competition. Reuters already reported earlier this month that Nokia was set for the unconditional approval for the deal, which it announced in June last year. The acquisition will make it the second-largest vendor in the optical networking market with a 20% share, behind Huawei, which is benefiting from the minimal presence of Western companies in China. The acquisition will allow Nokia to sell more equipment to big tech companies such as
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INFN
News
- Will the Acquisition of Infinera Propel Nokia's Share Performance? [Yahoo! Finance]Yahoo! Finance
- Nokia completes acquisition of Infinera to create innovation powerhouse in optical networks, with the scale to power the data center revolution [Yahoo! Finance]Yahoo! Finance
- Infinera beats top-line and bottom-line estimates; suspends guidance [Seeking Alpha]Seeking Alpha
- Infinera Corporation Fourth Quarter and Fiscal 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Telefónica sees robust performance in 2024, boosted by Spanish market [Yahoo! Finance]Yahoo! Finance
INFN
Earnings
- 5/14/24 - Miss
INFN
Sec Filings
- 2/28/25 - Form S-8
- 2/28/25 - Form S-8
- 2/28/25 - Form S-8
- INFN's page on the SEC website