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NOKIA WILL GAIN UNCONDITIONAL EU NOD FOR $2.3 BLN INFINERA DEAL

  • NEWS Desk Global
  • Feb 14
  • 1 min read


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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, people with direct knowledge of the matter said on Friday.

Nokia announced the deal in June last year, a move that would make it the second largest vendor in the optical networking market with a 20% share, behind Huawei, which is benefiting from the minimal presence of Western companies in China.

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