Nokia agrees to acquire Infinera, which provides networking hardware and software to mobile phone operators and others, for $2.3B in a cash-and-stock deal (Bloomberg)

Bloomberg:
Nokia agrees to acquire Infinera, which provides networking hardware and software to mobile phone operators and others, for $2.3B in a cash-and-stock deal  —  - Cash-and-stock transaction values Infinera at 37% premium  — Acquisition is largest for Nokia since Alcatel-Lucent in 2016