Networking giant Cisco Systems Inc. reported good news/bad news numbers in its fiscal first-quarter 2024 results this week, handily beating expectations but lowering its outlook. Revenue and earnings for the quarter were $14.67 billion and $1.11 per share, respectively, compared wth Street expectations of $14.61 billion and $1.03 per share. However, Cisco’s outlook was lower than expected.
High-performance network leader Arista Networks Inc. announced today that it’s partnering with cloud security pioneer Zscaler Inc. to enhance network security for businesses by integrating its cloud networking solutions with Zscaler’s Zero Trust Exchange platform.
Extreme Networks Tuesday introduced a cloud-based universal zero-trust network access or ZTNA solution that will provide remote access, network access control, ZTNA and mobile device management integration in one software-as-a-service offering.
Veeam Software Inc. Wednesday announced a couple of new offerings in the backup-as-a-service market: Cirrus by Veeam for Microsoft 365 and Microsoft Azure.
I had a chance to get a pre-briefing with Veeam Chief Technology Officer Danny Allan and asked him what was behind this move. He said it’s primarily about giving customers the flexibility to choose how they want to use Veeam to protect their business whether it’s in the cloud, on-premises or a combination of both.
If data is king of this artificial intelligence-driven world, Cisco Systems Inc. is making a play for the throne with its acquisition of Splunk Inc., long-rumored and finally announced this morning.
Cisco has been expanding from its hardware roots over the past few years, and this all-cash $28 billion acquisition will push it even further on its journey to building its business around recurring revenue.