Reported 9 months ago
Nokia is considering acquiring Infinera Corp., a US-based maker of optical telecommunications equipment. Shares in Infinera have seen a 15% increase over the past year, with a market value of around $1.2 billion. Nokia, based in Helsinki, is evaluating the possibility of a deal, but discussions are ongoing and there is no certainty of an agreement. Infinera, headquartered in San Jose, California, provides networking hardware and software to various sectors like mobile phone operators and Internet content providers.
Source: YAHOO