FYI: INFN announced its intention to acquire Transmode last April.  This opinion from MKM clearly suggest that they do not believe the company

Acquisition Doing Infinera No Favors -- Market Talk Font size: A | A | A 3:23 PM ET 4/28/16 | Dow Jones

15:23 ET - Infinera (INFN) is about to have its worst stock day in 5 1/2 years as the company's 1Q report included a much-to-be-desired outlook. While bull Raymond James considers the optical-networking firm's "challenges as largely industry-linked and temporary," many others disagree with shares tumbling 24% to $11.90. MKM drops INFN to neutral saying Transmode, which INFN bought last summer, "is performing worse than expected" as "one of its largest customers has not been making any purchases." Needham thinks "this is anInfinera-specific problem" and doesn't reflect on other component companies. (kevin.kingsbury@wsj.com; @kevinkingsbury) 

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