Zayo adds Bill Smith to its Board
Zayo announced the addition of Bill Smith to its board of directors. Smith most recently served as the interim CEO of PG&E – one…
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
Zayo announced the addition of Bill Smith to its board of directors. Smith most recently served as the interim CEO of PG&E – one…
For Q2 2023, Deutsche Telekom Group service revenue was up 1.4 percent to 23.0 billion euros (up 3.2 percent in organic terms), while net…
GlobalFoundries Inc. (GF) reported Q2 revenue of $1,845 million, net income of $237 million, and adjusted net income of $297 million. Gross margin was…
Infinera reported Q2 GAAP revenue of $376.2 million compared to $392.1 million in the first quarter of 2023 and $358.0 million in the second…
Tareq Amin has stepped down as Rakuten Mobile Representative Director and Co-CEO effective 07-August-2023. On LinkedIn, Amin expressed gratitude to Rakuten employees and leadership,…
MaxLinear and Silicon Motion each issued press releases accusing the other of bad faith in their merger agreement, which MaxLinear terminated unilaterally on July…
Adtran reported Q2 revenue of $327.4 million, up 90% year-over-year and 1% quarter-over-quarter. Net loss attributable to the company for the second quarter of…
In its Q2 financial report, Amazon disclosed that AWS segment sales increased 12% year-over-year to $22.1 billion. AWS segment operating income was $5.4 billion,…
Cloudflare reported Q2 venue of $308.5 million, representing an increase of 32% year-over-year. Non-GAAP net income was $33.7 million, compared to $0.3 million in…
MACOM announced the appointment of Wayne Struble as Senior Vice President, Advanced Semiconductor Technology. Struble, who has served as a MACOM Distinguished Fellow of…
Extreme Networks posted sales of $363.9 million for its ffourth quarter ended June 30, 2023., up 31% year-over-year, and up 9% quarter-over-quarter. Non-GAAP diluted…
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…
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…
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