Edgio (Nasdaq: EGIO), a leader in security, speed, and simplicity for digital infrastructure, has voluntarily filed for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware to...
EXA Infrastructure has announced the acquisition of Global Communication Net AD (GCN), a Bulgarian telecommunications company with a 2,500 km fibre-optic network. The deal extends EXA’s network assets into South-Eastern...
Broadcom Inc. reported third-quarter revenue of $13.1 billion for fiscal year 2024, representing a 47% increase year-over-year, largely driven by the company’s semiconductor solutions and VMware contributions. Excluding VMware, revenue...
Ciena Corporation (NYSE: CIEN) reported its unaudited financial results for the fiscal third quarter of 2024, noting a significant 11.8% year-over-year revenue decline to $942.3 million, driven by continued challenges...
Credo (Nasdaq: CRDO) reported strong financial results for the first quarter of fiscal year 2025, showing significant revenue growth driven by increased demand for AI infrastructure deployments. The company achieved...
Hewlett Packard Enterprise (HPE) posted a strong performance in its third fiscal quarter of 2024, highlighted by 10% revenue growth and a focus on AI system conversions. The company reported...
In the first half of 2024, Huawei generated approximately CNY 417.5 billion (around USD 57.3 billion) in revenue, marking a 34.3% year-on-year increase. The company also reported a net profit...
Marvell Technology (NASDAQ: MRVL) announced its financial results for the second quarter of fiscal year 2025, reporting net revenue of $1.273 billion, which exceeded the mid-point of its guidance by...
Pure Storage (NYSE: PSTG) reported financial results for the second quarter of fiscal year 2025, which ended on August 4, 2024. The company achieved a revenue of $763.8 million, marking...
Qualcomm has announced a definitive agreement to acquire the 4G IoT technologies of Sequans Communications S.A., a leading provider of cellular semiconductor solutions for the Internet of Things (IoT). This...
Keysight Technologies reported a strong performance in the third quarter of fiscal year 2024, with revenue reaching $1.2 billion, surpassing expectations despite a challenging market environment. The Communications Solutions Group...
Ericsson announced a strategic divestment of its U.S. subsidiary, iconectiv, to Koch Equity Development. Acquired by Ericsson in 2012 through the Telcordia acquisition, iconectiv specializes in network number portability and...
Following Cisco Systems' release of its financial results on August 14th, key observations from the subsequent market analyst call provide insight into the company’s performance, strategic shifts, and future outlook....
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