SAN JOSE — Nokia-owned Infinera has purchased its San Jose web site in a deal that solidifies the presence of the 2 corporations in Silicon Valley.
Infinera, a maker of optical chips, paid slightly below $27 million for a big workplace and analysis constructing at 6373 San Ignacio Highway in south San Jose, in line with paperwork filed on Feb. 18 with the Santa Clara County Recorder’s Workplace.
Nokia and Infinera created a plant at that web site for the manufacturing of optical chips. The manufacturing hub is on the bottom flooring of an current two-story workplace and analysis constructing.
The tech corporations have estimated that the manufacturing effort would produce as much as 200 tech jobs at that web site.
Beverly Hills-based actual property agency Kennedy Wilson, appearing by way of an affiliate, offered the constructing to Infinera by way of an all-cash deal, the county property recordsdata present.
The constructing totals 82,100 sq. ft, in line with the Property Shark industrial actual property database. It was constructed in 2002.
In 2019, Infinera determined to shift its headquarters to the 6373 San Ignacio web site, transferring the pinnacle places of work out of Sunnyvale within the course of.
Finland-based Nokia purchased Infinera in February 2025, paying $2.3 billion for the tech firm. On account of the deal, Infinera joined the Nokia optical networks enterprise.
Nokia believes the deal has created an “innovation powerhouse” that can have the ability to capitalize on alternatives within the rising synthetic intelligence subject.
“This transaction will considerably enhance our scale and profitability in optical networks,” Pekka Lundmark, Nokia’s chief government officer, stated on the time of the acquisition of Infinera. “It permits us to hurry up the tempo of innovation to satisfy the necessities of the AI period.”
