The Fee discovered that Nokia and Infinera’s mixed market share was average and that a number of rivals would proceed to exert stress, guaranteeing competitors stays robust.
The EU Fee has “unconditionally” authorised the €2.19bn acquisition of US-based Infinera by the Finnish expertise firm Nokia.
Each Nokia and Infinera provide optical transport gear used to transmit information by way of optical fibre cables.
In keeping with the events, the transaction will enable the merged entity to realize the requisite scale in its optical networking enterprise to speed up its product roadmap and compete extra vigorously with bigger rivals available in the market.
Nokia initially introduced its acquisition of the US information centre gear supplier in June 2024.
The deal will make Nokia the world’s second-largest supplier of optical networking gear after China’s Huawei, with a 20% market share.
The Fee’s investigation
In a press release, the Fee mentioned that it had investigated the influence of the transaction on the worldwide or EEA markets for the provide of optical transport gear, in addition to on the narrower segments of such markets primarily based on the sort/software of the gear.
Primarily based on its market investigation, the Fee discovered that Nokia and Infinera’s mixed market shares within the international or EEA markets for the availability of optical transport gear, in addition to on the narrower segments of such markets, are average.
It additionally discovered that there are a number of credible rivals on these markets who, following the transaction, will proceed to exert ample aggressive stress upon Nokia.
The Fee concluded that the proposed acquisition wouldn’t elevate competitors considerations within the EEA and cleared the transaction unconditionally.