The acquisition is the latest from Nitel following an investment from private equity firm Cinven in late 2021.

The “cost saving initiatives” would also include eliminating some of its facilities, reducing work with consultants and streamlining processes.

Cisco CEO Chuck Robbins announced Martin Lund is taking over Eyal Dagan's role as EVP of the company's Common Hardware Group.

The program is targeted at allowing cloud providers and third-party resellers to offer and run the VMware Cloud Foundation platform.

"We want to help climate tech startups move even faster with our advanced computing services," Amazon Web Services’ Lisbeth Kaufman said.

The VMware Live Recovery leverages Broadcom Carbon Black for some ransomware detection and recovery capabilities.

Nile Access Service now includes a level of automation that can identify and fix issues without human intervention, CEO Pankaj Patel said.

CEO Hock Tan stated that VMware's Cloud Foundation "is our platform for innovation going forward.”

The deal, reportedly valued at $350 million, closed on March 13.

The pair outpaced fellow "leaders" Huawei, Cisco, Fortinet and Extreme Networks.

The Secure Flex Premium platform is a single-tenant architecture that can be deployed on top of an existing on-premises, hybrid or cloud environment.

Broadcom CEO Hock Tan said the integration has “been very successful so far,” though he did add “now that kinks have been worked out.”

CrowdStrike CEO George Kurtz boasts of beating rivals Palo Alto Networks, Microsoft and Splunk in 7- and 8-figure deals, replacing or outbidding them.

The networking giant is coming off a rough fiscal quarter and plans to cut thousands of jobs.

Nefeli enables multicloud network management and operations for enterprises without the need to deploy or manage separate virtual network functions.

To help organizations derive greater insights from their data, SAP is announcing several new and enhanced generative artificial intelligence-powered tools.

The extended partnership aims to combine Dell’s global security operations experts and proactive threat-hunting capabilities from CrowdStrike’s Falcon platform.

LiquidStack is opening a new multi-million-dollar manufacturing facility in Texas to scale its production of data center liquid-cooling technology.

The struggling carrier also lost a pair of executives and is cutting more jobs.

February was dominated by the continued fallout after the Broadcom-VMware deal and the potential issues from the upcoming HPE-Juniper Networks acquisition.

"Many vendors have been trying to give it away for a while and we have been successfully winning against this strategy for a long time,” CEO Jay Chaudhry said.

“Demand continues to be at all-time highs, and data center growth is rapidly expanding from core markets," JLL's Andy Cvengros said.

Broadcom has combined VMware’s SD-WAN with Symantec's security service edge capabilities to create the new secure access service edge solution.

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