Telecom gear makers, struggling with lower sales of 5G equipment, have been looking for ways to diversify their markets and get into growing areas such as AI. "This is pretty optimal timing for a deal ...

Nokia (NOK) announced it will buy Infinera (INFN) in a deal that values the global supplier of open optical networking solutions and advanced optical semiconductors at approximately $2.3 billion, or ...

Nokia NOKIA0.41%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 ...

Nvidia Corp. is taking a $1 billion equity stake in Nokia Oyj and plans to supply the telecom company with artificial-intelligence powered computers for wireless networks. Nokia shares jumped the most ...

Unlike rival Ericsson, the $36 bln Finnish group sells networking kit to giant data centres. That means it’s exposed to the ...