Nokia has closed its acquisition of Infinera with the San Jose based company becoming part of Nokia effective as of the closing.
The acquisition brings together two innovation leaders with a history of industry firsts and creates an optical networks powerhouse.
Infinera CEO David Heard will join Nokia’s Network Infrastructure business group as NI Chief Strategic Growth Officer – with the Infinera team joining Nokia’s Optical Networks business.
“This transaction will accelerate our growth strategy in data centers and strengthen our presence both in North America and with webscale customers,” remarked Pekka Lundmark, President and CEO, Nokia.
“We are creating a new organization that will be a pacesetter in innovation, offering capabilities across a wide range of optical networking technologies, underpinned by the cutting-edge research of Nokia Bell Labs,” said Federico Guillén, President of Network Infrastructure, Nokia.
“I’m excited about the widely expanded opportunities this new chapter opens up and what it means for Nokia and its Network Infrastructure business,” said Heard.
With more than 1,000 customers globally, the combined company’s solutions power some of the biggest operators worldwide, along with leading organizations in verticals including enterprise, utilities, government and research and education.
Meeting the challenges of the AI era, data centers are at an inflection point as AI and cloud put massive new demands on them.
Overcoming these challenges requires new ways of thinking about data center technology that emphasizes mission-critical aspects of networking technology.
