Financials

Cyxtera entered into a pre-arranged Chapter 11 process in the U.S. Bankruptcy Court for the District of New Jersey. Cyxtera said it is continuing to operate its unique global platform...

VMware reported revenue for 1Q FY 24 of $3.28 billion, an increase of 6% from the first quarter of fiscal 2023. GAAP net income for the first quarter was $224...

Dell Technologies reported 1Q FY24 revenue of $20.9 billion, down 20%. The company generated operating income of $1.1 billion and non-GAAP operating income of $1.6 billion, down 31% and 25%,...

MACOM is establishing a European Semiconductor Center to offer its customers higher frequency Gallium Arsenide (GaAs) and Gallium Nitride (GaN) monolithic microwave integrated circuits (“MMICs”). MACOM recently acquired the key...

Hewlett Packard Enterprise reported Q2 revenue of $7.0 billion, up 4% from the prior-year period and 9% in constant currency. GAAP margin amounted to 36.0%, an all-time record for the...

NVIDIA reported quarterly revenue of $7.19B, down 13% compared to a year ago but well above its outlook. More significantly, NVIDIA again affirmed that Cloud Service Providers (CSPs) and enterprises...

IP Infusion reported record-breaking growth in 1Q 2023 with sales at the highest ever level for a single quarter. The company, which is a wholly owned and independently operated subsidiary...

Vector Capital, a leading private equity firm, agreed to acquire Riverbed Technology. Financial terms were not disclosed. Riverbed, which was founded in 2002 and is based in San Francisco, specializes...

Semtech appointed Paul H. Pickle as its new president and chief executive officer, replacing Mohan Maheswaran, who announced his retirement in March. Previously, Mr. Pickle has served as president and...

Marvell Technology reported revenu of $1.322 billion for the first quarter of its fiscal year 2024, $22 million above the midpoint of the company's prior guidance and down 9% year-on-year....

NVIDIA reported revenue for the first quarter ended April 30, 2023, of $7.19 billion, down 13% from a year ago and up 19% from the previous quarter. GAAP earnings per...

ADVA confirmed that Christoph Glingener will step down as CEO and transition to his previous role as CTO for ADVA effective June 30, 2023, and will continue as CTO for...

President Biden nominated Anna M. Gomez to serve as a commissioner on the FCC.   Gomez is a telecommunications attorney who currently serves as a Senior Advisor for International Information...