While the overall data center switch silicon market is growing, its proprietary segment is shrinking.
The company said an accounting error boosted revenue for one of its services. It will restate years of earnings.
The forecast shows that its main business of selling expensive networking hardware is still struggling amid tepid spending by corporations and government agencies.
The Stellus Data Platform uses Key Value over Fabric technology to accelerate the storing and accessing of unstructured data.
“We have always thought of B2B as the sexy market."
If all goes to plan, the data center giant will soon own nearly 100 percent of Seattle’s Westin Building Exchange.