
HPE sees growth in GreenLake edge-to-cloud
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…
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Following earnings, leadership changes, acquisitions, divestitures, funding, partnerships and capital allocation across networking, telecom, cloud and AI infrastructure.
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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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Latest reporting ↓02Acquisitions, divestitures, integrations and portfolio restructuring.
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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…

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…

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…

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

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

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…

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…

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

President Biden nominated Anna M. Gomez to serve as a commissioner on the FCC. Gomez is a telecommunications attorney who currently serves as…

Airspan Networks announced a new $25 million financing agreement with affiliates of Fortress Investment Group (“Fortress”). Airspan agreed to issue the lenders new common…

BT reported full year FY23 revenue of £20.7bn, down 1% with the growth in Openreach more than offset by decline in the other units.…

Cisco reported third quarter revenue for the period ended April 29, 2023 of $14.6 billion, up 14% year-over-year. Net income (GAAP) was $3.2 billion or…

Keysight Technologies posted Q2 revenue of $1.39 billion, up 3% compared with $1.35 billion last year, or 5 percent on a core basis, which…
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