# Nokia to acquire Infinera for $2.3 billion

Nokia announced a definitive agreement to acquire Infinera for $6.65 per share, valuing the company at an enterprise value of $2.3 billion. The deal is expected to close in 2024 and be accretive to earnings by 2027.

- Type: Acquisition
- Announced: 2024-06-27
- Where: United States
- Value: $2.30B
- Status: announced
- Products: optical networking solutions, optical semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Nokia](https://endata.com/companies/18565.md) (acquirer)
- [Infinera](https://endata.com/companies/47489.md) (target)

## Sources

- [nokia.com](https://www.nokia.com/newsroom/nokia-to-acquire-infinera-to-increase-scale-in-optical-networks-and-accelerate-product-roadmap/), 2024-06-27: "Nokia to acquire Infinera to increase scale in Optical Networks and accelerate product roadmap"
- [electrooptics.com](https://www.electrooptics.com/article/nokia-acquires-infinera-23bn-improving-scale-profitability-optical-networking), 2024-07-01: "Nokia's acquisition of Infinera has been approved by both boards and is expected to close in the first half of 2025."
- [compoundsemiconductor.net](https://compoundsemiconductor.net/article/119708/Nokia_to_acquire_Infinera_for_23B), 2024-07-04: "We believe now is the right time to take a compelling inorganic step to further expand Nokia’s scale in optical networks."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.