Nokia Strengthens Its Optical-Networks Arm with $2.3 Billion Infinera Acquisition

Thursday, 27 June 2024, 22:20
Nokia's acquisition of Infinera for $2.3 billion is set to bolster the company's optical-networks arm. The deal signifies Nokia's strategic move to enhance its capabilities in the optical networking sector with advanced technological solutions. The acquisition is expected to pave the way for significant growth opportunities and market expansion for Nokia in the optical communications industry. In conclusion, Nokia's acquisition of Infinera marks a significant milestone in strengthening its position in the optical-networks market and signals a strategic shift towards innovative solutions and improved market competitiveness.
The Wall Street Journal
Nokia Strengthens Its Optical-Networks Arm with $2.3 Billion Infinera Acquisition

Nokia Acquires Infinera for $2.3 Billion

Nokia has announced the acquisition of Infinera for $2.3 billion, a significant move to expand its optical-networks arm.

Strengthening Optical-Networks Division

The acquisition aims to enhance Nokia's position in the optical communications sector, providing advanced technological solutions for improved market competitiveness.

  • Strategic Market Expansion
  • Innovative Solutions
  • Enhanced Competitiveness
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