Equinix issued an additional €1.15 billion ($1.26 billion USD) in green bonds, reinforcing its sustainability agenda. This latest offering follows over $750 million in green bonds issued in September 2024,...
STL promoted Rahul Puri to Chief Executive Officer (CEO) of its Optical Networking Business (ONB), effective immediately. Puri, previously Vice President and General Manager for EMEIA and APAC, brings over...
Cisco delivered robust results for its first quarter of fiscal 2025, reporting revenue of $13.8 billion at the upper end of its guidance, underscoring a strong start to the year....
RADCOM Ltd. has reported a 20% year-over-year revenue increase for Q3 2024, reaching $15.8 million, and a positive cash flow of $4 million, elevating its cash reserves to a record...
Red Hat agreed to acquire Neural Magic, an MIT spinout working on generative AI (gen AI) inference performance engineering. Financial terms were not disclosed. The acquisition is part of Red...
Arista Networks has posted strong financial results for the third quarter of 2024, showing robust year-over-year growth driven by high demand across AI, data center, and campus networking. With a...
ADTRAN announced its Q3 2024 preliminary financial results, showing a positive trajectory driven by sequential revenue growth and improving market conditions. With revenue reaching $227.7 million, the results exceeded midpoint...
CommScope’s third quarter of 2024 results highlighted a steady rise in demand across its network connectivity solutions, with net sales reaching $1.08 billion—a 2.7% increase year-over-year. The company’s Connectivity and...
MACOM reported strong fiscal fourth-quarter and full-year 2024 financial results, showing solid growth despite a challenging market environment. In Q4, MACOM’s revenue reached $200.7 million, marking a 33.5% year-over-year increase...
Sandvine initiated restructuring proceedings under Canada’s Companies’ Creditors Arrangement Act (CCAA) and is filing for recognition under Chapter 15 in U.S. Bankruptcy Court. These moves come as part of a...
Amazon reported strong financial results for Q3 2024, highlighted by an 11% increase in total net sales to $158.9 billion. The Amazon Web Services (AWS) segment, a key driver of...
Intel’s Q3 2024 results, while reflecting challenges in profitability, underscore the company’s commitment to realigning its cost structure and innovating its product line. Revenue reached $13.3 billion, representing a 6%...
Juniper Networks reported solid financial performance for Q3 2024, showcasing robust demand across cloud, enterprise, and service provider segments as it prepares for a strategic acquisition by Hewlett Packard Enterprise...
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