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Networking Equipment

All articles tagged with #networking equipment

business1 year ago•1 min saved

Broadcom Surpasses Revenue Expectations with AI-Driven Growth

Broadcom has forecasted its first-quarter revenue to exceed Wall Street estimates, driven by strong demand for its custom AI chips and networking gear from cloud providers investing in GenAI infrastructure. The company's shares rose over 3% in extended trading, reflecting its significant gains this year amid a surge in AI-related stocks. Despite competition from Nvidia, Broadcom benefits from the expansion of AI data centers and has diversified into a tech conglomerate with acquisitions like VMware. The company reported fourth-quarter revenue of $14.05 billion, slightly below expectations.

via Yahoo Finance|

#ai-chips #broadcom #business

businesstechnology2 years ago•1 min saved

"Juniper Networks Soars as Hewlett Packard Enterprise Nears Acquisition: WSJ"

Juniper Networks' shares surged over 20% in after-hours trading following reports that Hewlett Packard Enterprise (HPE) is in advanced talks to acquire the company for around $13 billion, potentially announcing the deal this week. The acquisition could bolster HPE's position in challenging Cisco in the networking switches market, with HPE reporting 2% revenue growth in the latest quarter and holding $4 billion in cash and equivalents. If successful, this would mark a significant move for HPE, which has largely avoided major acquisitions since its formation in 2015.

via CNBC|

#acquisition #businesstechnology #hewlett-packard-enterprise

cybersecurity2 years ago•6 min saved

CISA Directs Federal Agencies to Secure Network Devices at the Edge

The Cybersecurity and Infrastructure Security Agency (CISA) has ordered all federal civilian agencies to restrict access to Internet-exposed networking equipment, including firewalls, routers, and load balancers, that allow remote authentication or administration. The directive comes after a surge in attacks targeting previously unknown vulnerabilities in widely used security and networking appliances. The order requires federal departments to limit access so that only authorized users on an agency’s local or internal network can reach the management interfaces of these devices. The move highlights the persistent risk at the network edge, where cyberspies and ransomware gangs are making it increasingly risky for organizations to expose any devices to the public Internet.

via Krebs on Security|

#cisa #cyber-espionage #cybersecurity