Tech company INFN with big projects in the works being acquired by Nokia, deal closing next Friday. How will this affect share price?

I’m working on a strategy where I screen for bollinger band squeezes. This was one that came up. It’s been consolidating since June last year. They just finished a trial successfully achieving insane processing speeds that could amp up AI computing power tremendously. Nokia is buying the company and scheduled to close Friday.

Could this result in a major uptrend of share price?