Infiniera Corporation $350 million acquisition of Transmode

Overview:

• Infinera Corporation has made a $350 million bid for Transmode.
• The total offer consists of a combination of cash and shares of common stock in Infinera.
• Transmode is a global provider of packet-optical networking solutions.
• Infinera provides Intelligent Transport Networks for network operators, enabling reliable, easy to operate, high-capacity optical networks.

Wai Yee Tsang - Journalist