
Astera Labs to open R&D site in Bangalore
Astera Labs, a start-up based in Santa Clara, California, plans to expand its operations to India with a new site in Bangalore set to…
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Converge Digest tracks the business decisions that determine how infrastructure markets evolve. Coverage includes quarterly results, guidance, executive transitions, mergers and acquisitions, venture funding, restructuring, strategic partnerships, manufacturing investment and the capital programs behind new network and compute capacity.
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Astera Labs, a start-up based in Santa Clara, California, plans to expand its operations to India with a new site in Bangalore set to…

Ribbon Communications finalized a $385 million senior secured credit facility. This new financial arrangement, known as the 2024 Credit Facility, includes a $350 million…

Broadcom reported revenue of $12,487 million for its second quarter of fiscal year 2024, ended May 5, 2024, provided guidance for its fiscal year…

Citing excess inventory with customers, Ciena reported revenue of $910.8 million for its fiscal second quarter ended April 27, 2024, down 19.6% as compared…

HPE reports strong demand for AI servers, posting $7.2 billion in revenue for Q2. CEO Antonio Neri highlights growth in AI systems and increased…

Netskope's SASE solution surpasses $500M in ARR, with global demand growing rapidly. Updates include AI capabilities, certifications, global partnerships, and commitment to sustainability. CEO…

Equinix announced the appointment of Adaire Fox-Martin as its CEO & President, replacing Charles Myers who moves into the role of Executive Chairman. Prior…

Marvell Technology reported net revenue for its first quarter of fiscal 2025 of $1.161 billion, $11.0 million above the mid-point of the company’s guidance…

The European Commission has approved unconditionally the acquisition by Kohlberg Kravis Roberts & Co. (KKR), a U.S.-based investment group, of NetCo., which comprises the…

T-Mobile to acquire UScellular's wireless operations, adding rural customers to its 5G network. Deal worth $4.4 billion with $1.0 billion in annual cost synergies.…

Ekinops opens new HQ in Lannion, France, boasting energy-efficient facilities for over 100 employees. The telecom center aims to foster innovation and growth in…

Prisma Photonics appoints Tiffany Menhorn as Head of Sales, North America. Learn how they leverage optical fiber technology to monitor power utility infrastructure.

NVIDIA reported quarterly revenue of $26.0 billion, up 18% from Q4 and up 262% from a year ago. GAAP earnings per diluted share was…
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