Nokia to Acquire Infinera in $2.3 Billion Deal to Scale Optical Network

Nokia is acquiring Infinera, a leader in optical networking solutions, to scale up its optical business in North America.

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The $2.3 billion deal values Infinera at $6.65 per share, a 28% premium to its share price on June 26, 2024.

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Nokia will pay at least 70% in cash, with Infinera shareholders able to receive up to 30% in Nokia's American Depositary Shares.

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The acquisition aims to accelerate Nokia's path to a double-digit operating margin and achieve €200 million in net profit synergies by 2027.

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Approved by both companies' boards, the deal is expected to close in the first half of 2025, pending regulatory and shareholder approvals.

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Nokia to Acquire Infinera in $2.3 Billion Deal to Scale Optical Network

Nokia to Acquire Infinera in $2.3 Billion Deal to Scale Optical Network

Nokia is acquiring Infinera, a leader in optical networking solutions, to scale up its optical business in North America.

Nokia is acquiring Infinera, a leader in optical networking solutions, to scale up its optical business in North America.

The $2.3 billion deal values Infinera at $6.65 per share, a 28% premium to its share price on June 26, 2024.

The $2.3 billion deal values Infinera at $6.65 per share, a 28% premium to its share price on June 26, 2024.

Nokia will pay at least 70% in cash, with Infinera shareholders able to receive up to 30% in Nokia's American Depositary Shares.

Nokia will pay at least 70% in cash, with Infinera shareholders able to receive up to 30% in Nokia's American Depositary Shares.

The acquisition aims to accelerate Nokia's path to a double-digit operating margin and achieve €200 million in net profit synergies by 2027.

The acquisition aims to accelerate Nokia's path to a double-digit operating margin and achieve €200 million in net profit synergies by 2027.

Approved by both companies' boards, the deal is expected to close in the first half of 2025, pending regulatory and shareholder approvals.

Approved by both companies' boards, the deal is expected to close in the first half of 2025, pending regulatory and shareholder approvals.

Strengthen your business ventures! Apply for a company partnership agreement with us today!

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