EXCLUSIVE-EU set to clear Nokia's $2.3 bln Infinera deal without conditions, sources say
ReutersFeb 14, 2025 4:41 PM
BRUSSELS, Feb 14 (Reuters) - EU antitrust regulators are set to clear without conditions Nokia's NOKIA.HE $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera INFN.O, people with direct knowledge of the matter said on Friday.
Nokia announced the deal in June last year, a move that would make it the second largest vendor in the optical networking market with a 20% share, behind Huawei, which is benefiting from the minimal presence of Western companies in China.
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