Pins matching tag:Networking

On 14 August 2024 Cisco announced a restructuring that would eliminate about 7% of its global workforce, with up to US$1 billion of pre-tax charges, as it shifted investment toward AI and security.

HPE closed its all-cash purchase of Juniper Networks at $40 a share, doubling its networking business, days after settling the Justice Department's antitrust suit by agreeing to sell its Instant On unit and license Juniper's Mist AI source code.

Broadcom's Tomahawk 6, the first 102.4 Tbps Ethernet switch chip and double the bandwidth of Tomahawk 5, moved into production-volume shipments less than three quarters after its first samples.

On 12 August 2026 Cisco reported fourth-quarter revenue of US$17.3 billion, up 18%, and fiscal 2026 revenue of US$63.3 billion, up 12%, with US$9.3 billion of AI infrastructure orders from hyperscalers for the year.

Rami Rahim and his HPE Networking leadership team set out the strategy and growth plans of the business built around Juniper, now $2.9 billion of revenue a quarter, in a webcast from Sunnyvale starting at 8:30 a.m. PT.

Cisco's flagship customer and partner conference is set for 6-10 June 2027 at the Mandalay Bay Convention Center; the 2026 edition in the same city drew more than 20,000 people.