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HomeTechNokia considering potential acquisition of Infinera, Bloomberg News reports

Nokia considering potential acquisition of Infinera, Bloomberg News reports

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(Reuters) -Nokia is exploring a potential acquisition of Infinera Corp, a maker of optical telecommunications equipment, Bloomberg News reported on Thursday, citing people familiar with the matter.

Shares of Infinera jumped nearly 25% in after-hours trading.

Helsinki-based Nokia has been studying the feasibility of a deal for U.S.-listed Infinera, the report said, adding that an announcement could come within days.

(Reporting by Juby Babu in Mexico City; Editing by Pooja Desai)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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