Financials

Lumen Technologies appoints Ashley Haynes-Gaspar as Executive VP & Chief Revenue Officer, leading a team to accelerate growth and enhance business outcomes.

Extreme Networks has updated its financial outlook for Q2, 2023, with revenues expected to be around $294-297 million. The company also anticipates strong growth in subscription and support revenue. CEO...

EchoStar Corporation completes acquisition of DISH Network, creating a global leader in wireless connectivity. The merger combines DISH Network's satellite technology, streaming services, and 5G network with EchoStar's communications solutions,...

Cisco has announced its acquisition of Isovalent, a start-up specializing in open source cloud native networking and security. The financial details of the deal have not been disclosed. Isovalent is...

Luna Innovations secures $50 million investment from White Hat Capital Partners and acquires UK-based Silixa, a supplier of fiber optic sensing solutions.

Lumine Group Inc. acquires Nokia's Device Management and Service Management Platform businesses, aiming to strengthen their telecom and media software offerings. Nokia's divestiture reflects their strategy to focus on core...

Monica Kumar has been appointed as the new CMO of Extreme Networks. With experience at Hitachi Vantara, Nutanix, and Oracle, she brings expertise in product simplification and software subscription businesses....

Lumen Technologies named Dr. Satish Lakshmanan as its new Chief Product Officer, reporting to Lumen CEO Kate Johnson. Dr. Lakshmanan comes to Lumen from Amazon Web Services (AWS) where he...

  Bluebird Network, a U.S. communications infrastructure provider and operator of more than 11,000 miles of fiber and two data centers,received $285 million of five-year Senior Secured Credit Facilities.  The...

Nokia has formed strategic partnerships with Celesta Capital, Roadrunner Venture Studios, and America's Frontier Fund to commercialize deep technologies from Nokia Bell Labs. These partnerships will help develop and invest...

Nokia Bell Labs is moving its campus to New Brunswick, establishing it as the new R&D hub on the East Coast. Learn more about this state-of-the-art facility and its rich...

Broadcom reports a 4% increase in revenue for Q4 2023, reaching $9.3 billion. The company expects continued growth, fueled by the acquisition of VMware.

Arista Networks appoints Chantelle Breithaupt as new CFO, bringing 25+ years of global financial experience. Andy Bechtolsheim steps down and becomes chief architect. Ken Duda joins the board and Hugh...