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Located in Sunnyvale, California, Infinera is a technology company providing end-to-end optical transport networking solutions, a range of software, and other services to a wide range of corporate clients across the globe. Founded in 2000, the company serves over 500 customers in more than 100 companies across six continents. It has so far registered more than 2000 patents. Infinera serves clients in a wide range of sectors, including enterprise, research and education, government, and utilities. Infinera went public in 2007, with an IPO that raised $182m. The company trades on the NASDAQ GS under the symbol INFN. The INFN price chart showed a 52-week low of $3.68 and a 52-week high of $9.25, with a market cap of $1.14bn. all as of October 2020. The company does not currently pay a dividend to stockholders. The organisation continues to grow and innovate, and currently offers solutions for Network Automation, Cloud Networking, 5G, Fiber Deep, and Distributed Access Architectures (DAAs). Corporate clients served by the company include Verizon, SSE Enterprise Telecoms (UK), Telefonica Germany, and Windstream Holdings Inc. In 2019, Infinera launched The Infinite Network — a disruptive architecture that significantly simplified network scalability and automation. Are you looking to add a technology stock to your portfolio? Consider investing in INFN stock, or monitor price movements by adding this instrument to your eToro watchlist.
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