Telecom gear makers, struggling with lower sales of 5G equipment, have been looking for ways to diversify their markets and get into growing areas such as AI. "This is pretty optimal timing for a deal ...

Nokia (NOK) announced it will buy Infinera (INFN) in a deal that values the global supplier of open optical networking solutions and advanced optical semiconductors at approximately $2.3 billion, or ...

Unlike rival Ericsson, the $36 bln Finnish group sells networking kit to giant data centres. That means it’s exposed to the ...

Nvidia Corp. plans to make a $1 billion equity investment in Nokia Oyj, as the AI sector’s kingmaker bets on the Finnish company’s pivot from mobile networking kit into artificial ...