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Nokia nyse Nok Considers Acquisition of Infinera nasdaq Infn Bloomberg Reports

Nokia (NYSE: NOK) Considers Acquisition of Infinera (NASDAQ: INFN), Bloomberg Reports

Nokia (NYSE: NOK) is exploring a potential acquisition of Infinera Corp, a maker of optical telecommunications equipment, Bloomberg News reported on Thursday, citing people familiar with the matter.

Shares of Infinera (NASDAQ: INFN) jumped nearly 25% in after-hours trading.

Helsinki-based Nokia has been evaluating the possibility of acquiring Infinera, a U.S.-listed company, with reports suggesting an announcement could be imminent within days.

(Source: ReutersReuters)

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