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642 Nokia acquires Infinera in $2.3 billion deal to tap into AI-driven data center boom

Startups News
Nickie Louise @ Startups News · 06/28/2024 10:47 EDT

Nokia acquires Infinera in $2.3 billion deal to tap into AI-driven data center boom

Nokia announced on Thursday it has agreed to acquire U.S.-based optical networking gear maker Infinera Corp in a deal valued at $2.3 billion to bolster its optical network business and tap into an AI-fueled data center boom. This strategic acquisition ...

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