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Infinera Completes Acquisition of Coriant

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Infinera, provider of Intelligent Transport Networks, announced it has closed on its acquisition of Coriant, a privately held global supplier of open network solutions for the largest global network operators. The acquisition positions Infinera as one of the largest vertically integrated optical network equipment providers in the world. The closing was pursuant to the terms of the definitive unit purchase agreement previously announced by Infinera on July 23, 2018. In connection with the purchase of Coriant, Infinera issued 20,975,384 shares of its common stock and will pay an aggregate...Read full article

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    Published: October 2018
    BusinessInfineraCoriantacquisitionsAmericasOpticsIntelligent Transport Networkslight speed

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