Infinera Corporation Stock News

FY'24 Highlights: Year-over-year growth in bookings and backlog; book-to-bill ratio of approximately 1.1x for FY'24 and 1.3x for Q4'24 Record revenue with webscalers - total revenue exposure (direct and indirect) greater than 50% of FY'24 revenue Significant design wins across the GX systems portfolio with webscalers and Tier 1 Communications Service Providers (CSPs) Substantial awards for ICE-...

The EU Commission on Wednesday said it had unconditionally approved the $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera by Nokia.

EU antitrust regulators are set to clear without conditions Nokia's $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera , people with direct knowledge of the matter said on Friday.

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SAN JOSE, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that C3ntro Telecom (C3ntro), Mexico's leading provider in AI-enabled fiber networks and data center connectivity solutions in Mexico and the U.S., successfully deployed Infinera's GX Series-based ICE6 800G solution and GX Open Line System (GX OLS) to upgrade and connect its long-haul network between Mex...

SAN JOSE, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its third quarter ended September 28, 2024.

Proposed funding, combined with investment tax credits, could result in more than $200 million in total federal incentives to expand production and packaging of semiconductors to support critical U.S. infrastructure and AI Proposed funding, combined with investment tax credits, could result in more than $200 million in total federal incentives to expand production and packaging of semiconductor...

SAN JOSE, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Converge ICT Solutions Inc. (PSE: CNVRG), the leading fiber broadband and technology solutions provider in the Philippines, selected Infinera as its submarine line terminal equipment (SLTE) vendor for the fiber pairs over which Converge has been granted an Indefeasible Right of Use (IRU) on the Bifr...