Infinera

Valuation $1B

About Infinera

Infinera provides open optical networking solutions and advanced optical semiconductors for enterprise, government, and carrier networks.
Headquarters Infinera, San Jose
Founded 2000-01-01
Industry Information Technology, Internet, Optical Communication, Service Industry, Telecommunications
Last Funding Type Grant
Valuation 1
Total Funding $625.80 million dollars
IPO Status Public

Financial

Infinera was acquired by Nokia in a $2.3 billion deal. The company reported hyperscale growth amid telecom stagnation and announced a new line of high-performance 1.6 Tb/s optics aimed at reducing power per bit by up to 75% for AI-driven intra-data center connectivity applications. Infinera also announced preliminary unaudited financial results for the fourth quarter of 2023 and increased investments to grow its R&D presence in India.

Nokia has agreed to acquire Infinera in a $2.3 billion deal. The acquisition aims to enhance Nokia's optical networking capabilities, particularly in AI data centers and cloud operations. The merger is expected to provide significant R&D resources and a comprehensive product portfolio for optical networks. The deal is seen as a strategic move to compete with other major players in the market.
Funding Rounds 9
Number of Lead Investors 2
Total Funding Amount  $625.80 million dollars
Number of Investors 16

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