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Specialist head-hunter in 5G, IoT and Open Networking. Focusing on working to source the perfect candidates for your company. I have a big passion for music and love playing the guitar in my spare time.

"Nokia buys Infinera for $2.3 billion to boost US optical division" Nokia has agreed to acquire optical networking company Infinera for $2.3 billion, with 70% paid in cash and 30% in Nokia shares. This acquisition is expected to expand Nokia's Optical Networks division by 75%, enhancing its product roadmap and increasing exposure to webscale customers, which constitute 30% of Infinera's revenue. Nokia CEO Pekka Lundmark emphasised the strategic timing of this inorganic growth move, following strong organic investment in 2021. Although Nokia's optical unit faced a revenue slump in early 2024, Infinera's robust performance offers renewed momentum, particularly in the US market. #acquisition #5g #iot #fiber #broadband

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