The company says it’s cutting costs in response to slow hyperscaler demand.

AirTrunk CEO Robin Khuda will keep a minority stake after the transaction, people with knowledge of the matter said.

The Swiss startup will become a US company. Its co-founders are stepping down from the board.

The South Korean tech giant's recent quarterly earnings beat estimates after memory chip prices began to climb out of a persistent downturn.

The open data center networking firm’s first partnership with the giant went nowhere. But its CEO says this time things are different.

Coming on the heels of a private equity investment, the deal builds on other recent moves to expand its public-sector business.