Microsoft posts 29% growth in Azure sales
Citing growth in cloud services, Microsoft reported quartler revenue of $56.5 billion, an increase of 13% (up 12% in constant currency), net income of…
A journal for networking and telecoms
A journal for networking and telecoms
Corporate strategy coverage
Following earnings, leadership changes, acquisitions, divestitures, funding, partnerships and capital allocation across networking, telecom, cloud and AI infrastructure.
Coverage architecture
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.
Revenue, margins, guidance, backlog, capital expenditure and segment trends.
Latest reporting ↓02Acquisitions, divestitures, integrations and portfolio restructuring.
Latest reporting ↓03CEO and board transitions, organizational changes and operating priorities.
Latest reporting ↓04Funding rounds, strategic investments, joint ventures and ecosystem agreements.
Latest reporting ↓Latest reporting
Citing growth in cloud services, Microsoft reported quartler revenue of $56.5 billion, an increase of 13% (up 12% in constant currency), net income of…
Ceragon Networks agreed to acquire Siklu, a provider of multi-Gigabit “wireless fiber” connectivity in urban, suburban and rural areas, for an enterprise value of…
ADTRAN announced preliminary Q3 2023 revenue of $272.3 million as compared to the Company’s prior guidance range of $275 million to $305 million. The…
Ericsson announced the appointment of Chris Houghton as Chief Operating Officer (COO) . Houghton, who is currently Senior Vice President, Market Area North East…
Ericsson will record a non-cash impairment charge of SEK 32 billion in Q3 2023 representing 50% of the total amount of goodwill and other…
Ekinops reported consolidated revenue of €27.8 million in Q3 2023, down -15% year-on-year. At constant exchange rates, quarterly sales declined by -13%. “Given last…
Ciena announced the promotion of Dino DiPerna and Brodie Gage to its Executive Leadership Team, reporting to President and CEO Gary Smith. DiPerna becomes…
Teledyne Technologies agreed to acquire Xena Networks ApS, a provider of high-speed Terabit Ethernet validation, quality assurance, and production test solutions based in Copenhagen,…
Shares of Arm Holdings plc surged 25% on their first day of trading, closing at $63.59. The company priced its initial public offering of…
Cadence Design Systems completed its previously-announced acquisition of the Rambus SerDes and memory interface PHY IP business. The deal brings Cadence proven and experienced…
Speaking at the Goldman Sachs Communacopia + Technology Conference, AT&T CEO John Stankey provided the following updates:
Casa Systems appointed Colin Kincaid as Chief Product Officer (CPO) and Phil Paro as Chief Accounting Officer (CAO). Kincaid joins Casa Systems by way…
VMware reported revenue for the second quarter of $3.41 billion, an increase of 2% from the second quarter of fiscal 2023. Non-GAAP net income…
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