Fiber Connect 2021 Highlights

With the United States on the brink of approving a broadband infrastructure investment plan potentially worth tens of billions of dollars, the fiber industry gathered this meet in Nashville, Tennessee for Fiber Connect 2021. The sold-out event attracted over 2,000 attendees representing several hundred telecom operators, including incumbents, new entrants, cable operators and municipal utilities -- all focused on the next gen of fiber broadband rollouts.For...

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Microsoft Azure revenue leaps ahead 51% yoy

 Microsoft reported Q2 revenue of $46.2 billion, up increased 21%, and net income of $16.5 billion, up 47% yoy. Diluted earnings per share was $2.17 and increased 49%.“We are innovating across the technology stack to help organizations drive new levels of tech intensity across their business,” said Satya Nadella, chairman and chief executive officer of Microsoft. “Our results show that when we execute well and meet customers’ needs in differentiated...

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Google extends depreciation lifecycle for servers and networking gear

Alphabet reported Q2 revenue of $61.880 billion, up 62% over the same period last year.Sundar Pichai, CEO of Google and Alphabet, said: “In Q2, there was a rising tide of online activity in many parts of the world, and we’re proud that our services helped so many consumers and businesses. Our long-term investments in AI and Google Cloud are helping us drive significant improvements in everyone’s digital experience.”“Our strong second quarter revenues...

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Digital Realty advances its Fabric-of-Fabrics with Zayo collaboration

Digital Realty is advancing its efforts to build "the largest open fabric-of-fabrics" interconnecting key centers of data exchange via a partnership with Zayo Group Holdings.  Zayo, will help to lay the physical and virtual foundations of a new open fabric. "As businesses continue to shift globally towards hybrid IT to enable new digital workplace models, create new lines of business, and control costs, Zayo and Digital Realty are...

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Juniper reports Q2 sales of $1.2 billion, up 8% yoy, supply chain constraints

 Juniper Networks reported Q2 net revenues of $1,172.3 million, an increase of 8% year-over-year and an increase of 9% sequentially. Non-GAAP net income was $141.0 million, an increase of 21% year-over-year, and an increase of 43% sequentially, resulting in non-GAAP diluted earnings per share of $0.43.“We reported better than expected results, a second consecutive quarter of double-digit product revenue growth and record product orders during...

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Hawaiki subsea cable system sold to investor group

BW Digital Pte. Ltd. has acquired Hawaiki Submarine Cable Limited Partnership and International Connectivity Services Limited. Financial terms were not disclosed. The current Hawaiki team will continue to manage the businessRémi Galasso, executive chairman of Hawaiki, said: “We are delighted to welcome BW Group as a shareholder. Having established a successful subsea cable business with the support of our customers and partners, the company started...

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Blaize raises $71 million in Series D for edge AI silicon

Blaize, a start-up based in El Dorado Hills, California, announced $71 million in Series D round of funding for its edge AI computing solutions in automotive, mobility, smart retail, security, industrial and metro market sectors.The funding round was led by Franklin Templeton, a new investor, and Temasek, an existing investor, led the round, along with participation from DENSO and other new and existing investors.“Blaize System on Chip (“SoCs”) for...

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A10 Networks sees Q2 revenue grow 12.7% yoy

 A10 Networks reported Q2 revenue of $59.2 million, up 12.7% year-over-year. Non-GAAP net income was $10.5 million, or $0.13 per diluted share compared with non-GAAP net income of $7.1 million, or $0.09 per diluted share in the second quarter of 2020.The company said improving commercial execution combined with favorable market conditions drove 20% growth in the Americas year-over-year; Japan normalized as expected.“Our focus on customer-centric...

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