The stock has more than doubled, but it still trades at a reasonable valuation relative to future earnings.

Nokia Oyj has agreed to acquire Infinera Corp. in a transaction valuing the maker of optical telecommunications equipment at ...

Infinera Corporation (NASDAQ:INFN) shares are trading higher Thursday after the company announced Nokia Corp (NYSE:NOK) will acquire the company in a transaction valuing Infinera at $6.65 per share.

Nokia inked a definitive agreement to acquire Infinera for $6.65 per share. Shareholders have the option to receive either cash, Nokia shares or a combination of both. Despite being a leader in the ...

Infinera (NASDAQ:INFN) shares are trading higher Friday following an announcement by Nokia (NYSE:NOK) that it will acquire the company. What Happened: Nokia is set to purchase Infinera at $6.65 per ...

Nokia is swapping out leadership of its Network Infrastructure (NI) business unit in the latest move by the vendor that has it leaning more heavily into its recent Infinera acquisition and greater ...

Nokia earlier this month announced plans to acquire Infinera for $2.3 billion. Nokia management reiterated that the deal will boost its presence in the optical networking space, especially with ...

Nokia warned there could be short-term disruption caused by the global tariff situation as the company reported a mixed first quarter of the year. It was the first earnings report since the company's ...

Nokia is set to acquire open optical networking solutions and advanced optical semiconductor producer Infinera to increase scale in optical networks and accelerate its product roadmap. The acquisition ...

Customers struggling with managing systems able to handle the scale and power needs of soaring generative AI and cloud operations is fueling the deal. Nokia has announced a $2.3 billion deal to ...