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EU ‘Unconditionally Approves’ Nokia’s $2.3bn Infinera Purchase

  • The European Commission has unconditionally approved Nokia's $2.3 billion acquisition of Infinera.
  • The deal will make Nokia the world's second-largest provider of optical networking equipment.
  • The acquisition allows Nokia to compete more vigorously in the market and accelerate its product roadmap.
  • Large tech companies are investing billions into data centers to build and deploy AI services.

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