Tag: Nokias

Nokia’s $2.3 Billion Infinera Deal Overhauls Fixed Network Unit

(Bloomberg) — Nokia Oyj has agreed to buy Infinera Corp. in a $2.3 billion deal that will bulk up its network infrastructure business for broadband and fiber optic networks, a key revenue driver as the Finnish company’s mobile infrastructure operations shrink. Most Read from Bloomberg The takeover, which includes debt, will value the optical telecommunications […]