Shares of Infinera Corp. rallied 18% after hours Thursday after Finnish telecom giant Nokia Corp. said it has agreed to buy the San Jose, Calif.-based maker of optical telecom equipment for $2.3 ...

BRUSSELS (Reuters) - Nokia is set to secure unconditional EU antitrust clearance for its $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera, ...

BRUSSELS (Reuters) - The EU Commission on Wednesday said it had unconditionally approved the $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera by Nokia.

Nokia's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres ...

Shares of Infinera surged nearly 22%. The deal price of $6.65 per share represents a premium of 26.4% to Infinera's closing price of $5.26 on Thursday. Nokia will pay Infinera at least 70% in cash.

$6.65 in cash; 1.7896 shares of Nokia; A combination of $4.66 in cash and 0.5355 share of Nokia "We believe Nokia is an excellent partner and together we will have greater scale and deeper ...

Nokia will acquire Infinera Corp in a deal with an enterprise value of $2.3 billion, the companies said on Thursday, as the Finnish firm looks to expand its optical network business, especially in ...