News

Infinera's Board of Directors, as of immediately prior to the merger, including George A. Riedel, Christine B. Bucklin, Gregory P. Dougherty, and others, have ceased to be directors following the ...
Infinera is a global supplier of innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators, governments, and enterprises to scale ...
SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) has released financial results for its fourth quarter and fiscal year ended December 28, 2024. This press ...
Infinera's results fell short of market expectations, with quarterly sales reaching $354.4 million and a break-even EPS, missing consensus estimates of $413 million in sales and an EPS of $0.07.
Infinera will become a subsidiary of Nokia for $2.3 billion, but the stock trades near the takeover price, offering little upside. The Company's declining revenue, high debt, and reliance on a few ...
SAN JOSE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that it has been awarded a Gold Medal by EcoVadis, a trusted provider of business sustainability ratings ...
The Department of Commerce has provisionally agreed to provide up to $93 million in direct funding to optical networking vendor Infinera. The proposed funding, awarded under the CHIPS and Science Act, ...
Infinera Corporation INFN is set to enhance the access network solutions portfolio of APRESIA Systems, Ltd. (APRESIA), a key player in Japanese network infrastructure, by integrating Infinera’s ...
Infinera INFN shares are trading higher Friday following an announcement by Nokia NOK that it will acquire the company. What Happened: Nokia is set to purchase Infinera at $6.65 per share ...
Finnish networking giant Nokia Corp. has announced plans to acquire Infinera Corp. in a $2.3 billion deal that’s intended to help grow its optical networks business. The company, which makes ...
Shares of Infinera soared in premarket trading Friday after the optical networking solutions company agreed to be acquired by Nokia for $2.3 billion.
Nokia NOKIA0.18%increase; green up pointing triangle agreed to acquire Infinera in a deal valued at $2.3 billion as it pins more resources to its optical-networks business. The Finnish maker of 5G ...