Nokia has stepped on the accelerator to close the purchase operation of the American Americanoperation that announced last June. The infinera herself has confirmed, in a statement in which she points to the February 28 like the date on which your sale will be officially sealed a Nokia.
Infinera, a company dedicated to the manufacture of network equipment, has already confirmed at the time of sale, that at least 70% of the 2.3 billion dollars that Nokia was going to pay for it would be paid in metallic. In addition, the agreement included the repurchase of the 760 million dollars in convertible bonds of its property.
The company currently has its headquarters and facilities in San José, California. Founded in the year 2000, Infinera is dedicated to the manufacture of optical semiconductors and network equipment for telecommunications suppliers, Cloud operators, government institutions and large multinationals.
With your purchase, Nokia hopes to give a boost to your area dedicated to data centers, something that you have been confirming for months. In addition, more changes are coming for the company in this regard. Last week he appointed the head of Intel data centers, Justin Hotard, his new CEO, replacing Pekka Lundmark. In the announcement of the change of manager, it is already underlined that the sectors related to the data centers are considered critical for the growth of Nokia.
Shortly after, according to Datacenter Dynamics, Nokia extended his arrangement for the supply of routers and switches for data centers with Azure. Last December he also announced an agreement with Kyndryl to offer advanced networking solutions for data centers and multinational solutions.
The reasons that have led Nokia are unknown to try to close the purchase of Infinera, although Donald Trump’s announcement may be that his administration will impose tariffs of at least 25% to import semiconductors, although there is no Specified when they will take effect, have something to do.
Thus, Nokia will count, through Infinera, with manufacturing infrastructure in the country. Infinera not only has plants already in operation in the United States, but will build two more, in California and Pensylvannia, for which she received a few months ago subsidies from the Biden Administration.