Armis is the fastest growing cybersecurity software company; Ericsson stock is down nearly 6% since its Vonage acquisition; and Samsung plans to build a $17B semiconductor fab.
Compared to VMware, “we continue to see a higher win ratio and we are much more disciplined in terms of our execution,” Nutanix CEO Rajiv Ramaswami said.
“We are in an age of explosive growth with respect to applications,” VMware CEO Raghu Raghuram said on the company’s third-quarter fiscal 2022 earnings call.
Verizon plans to offer Fortinet’s SD-WAN platform; AMD reported $4.3B in Q3 revenue; and the Linkerd 2.11 update extends zero-trust security to Kubernetes environments.
Intel committed to building an open ecosystem of technologies; IBM announced partnerships with Cisco and Palo Alto Networks; and Google’s cloud revenue jumped 45%.
CEO Börje Ekholm blamed the loss on retaliatory measures resulting from “decisions Sweden took to exclude Chinese vendors in the build-out of 5G networks in Sweden.”
“Well, I think the big winner is Michael [Dell],” analyst Zeus Kerravala said. “It’s not like he needs more money, but he stands to make a boatload of money.”
The move comes as companies in nearly every industry come under the pressure of the chip crunch, with many facing higher component prices and longer lead times.
HPE saw robust growth across most of its business units, with the company's Aruba intelligent edge business growing by the largest margin, up 27% year over year.