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)
