ADTRAN Holdings Acquires ADVA Optical Networking in Business Combination

Nokia Completes Acquisition of Infinera to Expand Optical Networks and Webscale Presence

June 27, 2024

IT Services

Nokia has completed its acquisition of Infinera, bringing the optical networking supplier into Nokia effective at closing. The deal expands Nokia’s Optical Networks scale and is expected to accelerate Nokia’s product roadmap and growth in webscale and data center-related applications.

Acorn HoldCo/ADTRAN Agrees to Takeover of ADVA Optical Networking SE

July 6, 2022

Telecommunications

Acorn HoldCo, Inc., in connection with ADTRAN, launched a voluntary public takeover offer for ADVA Optical Networking SE, securing 65.43% of ADVA shares via an exchange of Acorn HoldCo common stock. Acorn HoldCo intends to implement a domination and profit and loss transfer agreement to integrate ADVA with ADTRAN and realize operational synergies prior to year-end 2022.

ATN International Acquires Alaska Communications Systems Group

March 12, 2021

Telecommunications

ATN International (ATN), together with financial partner Freedom 3 Capital, agreed to acquire Alaska Communications Systems Group in an all-cash transaction valued at about $332 million (including net debt), for $3.40 per share. Alaska Communications stockholders approved the deal in March 2021, and ATN later completed the acquisition in July 2021.

Marvell Technology Acquires Inphi Corporation

October 29, 2020

Manufacturing

Marvell Technology Group Ltd. agreed to acquire Inphi Corporation in a cash-and-stock transaction that will combine Marvell's storage, networking and processor portfolio with Inphi's high-speed electro-optics interconnect platform. The deal positions the combined company to lead in cloud data center and 5G infrastructure markets, will domicile the combined company in the United States, and is expected to deliver $125 million of annual run-rate synergies within 18 months.

CenturyLink Acquires Networking Assets from Active Broadband Networks

June 29, 2016

Telecommunications

CenturyLink acquired certain strategic assets of the company formerly known as Active Broadband Networks to accelerate its network virtualization efforts. The assets — focused on SDN and NFV-based broadband edge solutions — will help CenturyLink automate its network and deliver software-defined networking and virtualized network functions to customers.

ADVA Optical Networking Acquires Overture Networks

January 13, 2016

Telecommunications

ADVA Optical Networking SE acquired Morrisville, North Carolina-based Overture Networks for an initial $35 million (with up to $5 million in conditional earn-out) to strengthen its NFV and Ethernet access capabilities. The deal combines ADVA's optical and access hardware with Overture's Ensemble NFV software and orchestration tools, expands ADVA's footprint in North America and adds roughly 178 employees.