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flag Nokia's $2.3B acquisition of Infinera approved by EU, boosting Nokia's share in optical networking.

flag The EU has approved Nokia's $2.3 billion acquisition of Infinera, a US optical semiconductors and networking company. flag This deal will make Nokia the second-largest vendor in the optical networking market, with a 20% share. flag It aims to help Nokia sell more equipment to tech giants like Amazon, Alphabet, and Microsoft, who are building new data centers for AI. flag The EU found no concerns regarding market competition.

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