CEO Nikesh Arora pledged to integrate Twistlock container security and PureSec severless security into the Prisma cloud security portfolio “as soon as possible.”
The acquisition includes Marvell’s WiFi and Bluetooth technology portfolios and related assets, which generated about $300 million in revenue in fiscal 2019.
The vendor has reportedly reached deals to buy container security startup Twistlock for between $450 million and $500 million and another Israeli startup for an estimated $50 million to
The new switches are the third generation of Arista’s R-Series family of universal spine switches with new standards for throughput, density, power efficiency, and price performance.
The company seemed to be on the verge of a turnaround with its enterprise security business, but that came crashing down this week amid disappointing Q4 earnings, plunging stock
While chipset and display sales plunged during the first quarter of 2019, Samsung said its networking business was a relative bright spot due to the launch of 5G services
“When it became apparent that we don’t have a clear path to profitability in 5G modems, we acted,” CEO Bob Swan said, adding that Intel will continue to make
Verizon CEO Hans Vestberg declined to say which spectrum bands it will bring to 5G, but he did explain that efforts to refarm 3G spectrum for its burgeoning 5G
Ciena is also gaining momentum outside of its traditional telecom customer base. More than 35 percent of its revenue during the recently closed quarter came from non-telco customers.
Chuck Robbins said he didn’t want to imply that a deal with AWS was in the works. But he added that AWS Outposts with Cisco networking was “certainly conceivable.”
Ciena anticipates that the Blue Planet Division will reach $50 million to $60 million in annual revenue during fiscal 2019, growing to $100 million to $120 million in 2021.
The chipmaker initially partnered with nine North American data center operators, but “the goal is to expand it globally,” Nvidia’s Tony Paikeday says.
Microsoft has been chasing AWS as it tries to overtake its larger rival as the leading cloud infrastructure vendor. But it doesn’t look like that will happen any time
Last year, Alibaba Group restructured its cloud computing arm in an effort to make Alibaba Cloud its “main business” in the future. AliCloud grew 84 percent year over year
Ed Meyercord noted a customer win against Huawei and said security concerns about the Chinese vendor are “creating an opportunity for us in the marketplace.”