Infinera, also known as Infinera Corporation, is a publicly owned company headquartered in the US. Founded in 2000 and employing approximately 3,460 individuals, the company manufactures Wavelength division multiplexing-based packet optical transmission equipment and IP transport technologies, primarily for the telecommunications service provider market, with a focus on fibre access. Its networking solutions enable enterprises, governments, carriers, and cloud operators to scale network bandwidth, accelerate service innovation, and automate network operations.
Infinera Corp stock (ISIN: US45667G1031), a NASDAQ-listed provider of optical transport networking equipment, recently traded near $6.64. The company navigates a pivotal transition phase as Nokia Oyj completes the integration of its recent acquisition, with analysts maintaining a Hold rating and limited upside potential for Infinera's stock. Earlier, on February 19, Infinera, identified in reports as a Nokia-owned chipmaker, purchased its office and research building at 6373 San Ignacio Avenue in San Jose for $27 million. This acquisition, also reported on February 18, solidifies the presence of both companies in Silicon Valley and supports manufacturing of Infinera's optical chips. Previously, on February 9, Infinera technology powered Neterra's EUR 12 million upgrade of its Bulgarian backbone network, aiming to boost DWDM network capacity from 200 Gigabits to 800 Gigabits per channel.
Infinera's customers primarily consist of telecoms companies. Examples of Infinera's customers include Orange Group, NBN and Sparkle. Infinera has commercial and technical partners like Orange Group, Titan ICT and FiBrasil.
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