Infinera Corporation (INFN) is set to enhance the access network solutions portfolio of APRESIA Systems, Ltd. (APRESIA), a key player in Japanese network infrastructure, by integrating Infinera's ICE-X coherent pluggables. This collaboration aims to provide APRESIA with advanced capabilities, enabling new revenuegenerating services and reducing both capital and operational expenditures. The inclusion of Infinera's ICE-X pluggables, known for their software programmability, will allow APRESIA to offer high-s ...

NEW YORK, July 1, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: Infinera Corporation has agreed to be acquired ...

SAN JOSE, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today it is expanding its partnership with APRESIA Systems, Ltd. (APRESIA), a Japanese provider of network infrastructure solutions, through the integration of Infinera's software-programmable ICE-X coherent pluggables into APRESIA's portfolio of locally manufactured Layer 2/3 switching and optical transmission products. Infinera's ICE-X coherent pluggables will enable APRESIA to enhance its access network solutions and of ...

Core Insights - Infinera is expanding its partnership with APRESIA Systems, integrating its ICE-X coherent pluggables into APRESIA's network infrastructure solutions [1][5] - The integration aims to enhance APRESIA's access network solutions, providing customers with operational value, including new revenue-generating services and reduced capital and operational expenditures [1][5] Company Overview - Infinera is a global supplier of optical networking solutions and advanced optical semiconductors, enabling various sectors to scale network bandwidth and automate operations [3] - APRESIA is a Japanese provider of network infrastructure solutions and a resale partner of Infinera, focusing on high-performance access network solutions [5][6] Market Demand - There is a growing demand for capacity at the edge of the network, necessitating innovative access solutions that are optimized for speed, flexibility, and efficiency [2] - The partnership will allow APRESIA to offer new approaches to access and edge connectivity for service providers, data centers, cloud, and cable operators [2] Product Integration - The integration of ICE-X pluggables will initially target high-speed point-to-point and 100G bidirectional transport applications, with plans to extend support to point-to-multipoint functionality [5] - This integration is expected to improve network efficiency and reduce capital and operational expenditures by up to 70 percent [5]

Nokia Corporation Inside Information 28 June 2024 at 22:00 EEST Nokia Corporation corrects its stock exchange release published on 27 June 2024, which concerned the acquisition of Infinera. The original stock exchange release lacked a description of Infinera's historical financial performance and financial position. The corrected stock exchange release, which adds a description of Infinera's historical financial performance and financial position in the 'About Infinera' section, is included below in its ent ...

Infinera Corp (NASDAQ:INFN) stock is surging today, up 17.2% to trade at $6.17 at last glance, after news that Nokia (NOK) plans to buy the company for $2.3 billion. Both Stifel and Needham downgraded INFN to "hold" from "buy," with the latter noting there were no other likely bidders for Infinera given its lack of "healthy adjacent networking peers." Today's pop has INFN looking to snap a three-week losing streak and notch a third-straight daily win, as the stock gaps to its highest level since early April ...

About this content Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countrie ...

Click here to learn how to join the https://www.ademilaw.com/case/infinera-corporation or call Guri Ademi tollfree at 866-264-3995. There is no cost or obligation to you. MILWAUKEE, June 28, 2024 /PRNewswire/ -- Ademi LLP is investigating Infinera (NASDAQ: INFN) for possible breaches of fiduciary duty and other violations of law in its transaction with Nokia. Nokia will acquire Infinera in a transaction valuing Infinera at $6.65 per share or an enterprise value of $2.3 billion. At least 70% of the considera ...

Core Viewpoint - Nokia is acquiring Infinera for $2.3 billion to enhance its position in the AI data center business and compete with Huawei and Ciena [1][2] Group 1: Acquisition Details - The acquisition price of $2.3 billion represents a 26.4% premium over Infinera's stock value as of the previous market close [8] - Nokia will pay at least 70% of the acquisition price in cash, with Infinera shareholders having the option to receive up to 30% of their payments in Nokia stock [4] Group 2: Strategic Implications - Following the acquisition, Nokia will become the second-largest player in the global networking sector, surpassing Ciena and trailing only Huawei [2] - The deal is expected to boost Nokia's profits in the first year and increase Infinera's bottom line by more than 10% by 2027 [3] Group 3: Revenue and Product Development - The acquisition will enable Nokia to generate more revenue from major tech firms like Alphabet and Microsoft, as it will enhance sales from their data centers [6] - Nokia anticipates that the transaction will allow for faster product development and the release of new offerings, enhancing its competitive edge [7]

Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Infinera Corporation to Nokia for $6.65 per share, which is below the price targets set by multiple Wall Street analysts [1][4]. Group 1: Acquisition Details - Nokia announced an agreement to acquire Infinera for $6.65 per share on June 27, 2024 [2]. - Infinera shareholders can choose to receive either $6.65 in cash, 1.7896 Nokia shares for each Infinera share, or a combination of $4.66 in cash and 0.5355 Nokia shares [3]. Group 2: Investigation Rationale - The investigation focuses on whether the Infinera Board of Directors acted in the best interests of shareholders and if the agreed price is fair [4]. - The sales price of $6.65 per share is below the pre-announcement price targets from at least three analysts: Ryan Koontz ($10.00), Dave Kang ($7.50), and Ruben Roy ($7.00) [4].