Financials

Mubadala, the Abu Dhabi sovereign investment company, has acquired a minority stake in Aligned Data Centers, alongside majority partners managed by Macquarie Asset Management. Aligned offers both Scale Data Centers (colocation)...

Lumen Technologies reported revenue $3.661 billion for the second quarter 2023, compared to $4.612 billion for the second quarter 2022. The company recorded a Net Loss of $(8.736) billion for...

Cambium Networks reported Q2 evenues of $59.5 million, a decrease of 23% sequentially, and an increase of 14% year-over-year. There was a net loss of $2.6 million or $0.10 per...

Nile, a start-up based in San Jose, California, closed a $175 million Series C investment round, bringing its total funding to date to $300 million. Nile, which emerged from stealth...

Cisco has acquired Code BGP, a privately held BGP monitoring company based in Greece. Financial terms were not disclosed. Code BGP was founded in 2021 by Fontas Dimitropoulos, Vasileios Kotronis...

Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG, a global asset management firm, agreed to acquire New Relic for $87.00 per share...

Arista Networks reported record revenue of $1.459 billion for Q2 2023, an increase of 8.0% compared to the first quarter of 2023, and an increase of 38.7% from the second...

BT Group plc selected Allison Kirkby as its next Chief Executive, replacing Philip Jansen as Chief Executive around the end of January 2024 at the latest. Kirkby currently serves as...

Ceragon Networks named Ilan Rosen as its new Chairman of the Board, succeeding Zohar Zisapel, who sadly passed away on May 19, 2023. Rosen has been a member of Ceragon's...

Zohar Zisapel, network entrepreneur and co-founder of the RAD Group of companies in Israel, passed away due to cancer on May 20, 2023, at the age of 74. In 1981,...

 Digital Realty reported revenues for the second quarter of 2023 of $1.4 billion, a 2% increase from the previous quarter and a 20% increase from the same quarter last year....

Juniper Networks reported quarterly net revenues of $1,430.1 million, an increase of 13% year-over-year and an increase of 4% sequentially. Non-GAAP operating margin was 16.9%, an increase from 13.9% in...

T-Mobile US reported Q2 service revenues of $15.7 billion, up 3% year-over-year, and Postpaid service revenues of $12.1 billion, up 5% year-over-year. Net income was $2.2 billion and diluted earnings...