BRUSSELS (Reuters) - The EU Commission on Wednesday said it had unconditionally approved the $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera ( INFN ) by Nokia. The commission said the takeover raised no concerns, as the companies' combined market share in the supply of optical transport equipment would be moderate and would still face credible...

10:26 AM EST, 02/26/2025 (MT Newswires) -- DMY Squared Technology Group ( DMYY ) and Horizon Quantum Computing said Wednesday they have signed a non-binding letter of intent for a business combination. Under the terms, the pre-money equity value of Horizon Quantum is roughly $500 million, the companies said, adding that they intend to execute an agreement in Q2 and...

10:22 AM EST, 02/26/2025 (MT Newswires) -- Assembly Biosciences ( ASMB ) shares were higher Wednesday morning after the company said that a first subject has been dosed in the phase 1a trial of ABI-6250, its hepatitis delta virus entry inhibitor candidate. The study aims to evaluate the safety, tolerability and pharmacokinetics of the therapy across single and multiple ascending...

10:26 AM EST, 02/26/2025 (MT Newswires) -- Merck ( MRK ) expects to have about 2,700 employees in India by yearend, Reuters reported Wednesday, citing Executive Vice President Dave Williams. In a couple of years, I fully expect we'll double that number or more, Williams said at the BioAsia conference held in India, according to Reuters. The company's sites in...