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Wire · operational-macro

Data Storage's Nexxis Gross Profit Rises About 22% On 9.3% Revenue Growth

15 August 2026 · By · Wire by Fusion42

Published

15 August 2026

Topic

operational-macro

◆ Sectors

Telecom & Connectivity

◆ Geography

United States

◆ Source

Read at pulse2.com →

◆ Verified

Fusion42 · 15 August 2026 · Fusion42 review

Data Storage's Nexxis division grew gross profit by about 22% on 9.3% revenue growth in Q2, driven by recurring telecommunications services. The company is actively pursuing acquisitions focused on recurring revenue and long-term growth in AI infrastructure, cybersecurity, and enterprise technology sectors.

This Wire brief sits within Fusion42's coverage of Telecom & Connectivity.

◆ ◆ The Wire takeaway

Your telecom business just became a cash engine for acquisitions. Watch for partnership and deal opportunities in AI infrastructure and cybersecurity as Data Storage reallocates capital aggressively.

◆ Coverage

1 source · 15 Aug 2026

◆ Related on Wire

◆ Topics

Telecom & Connectivityrecurring-revenuecapital-allocationacquisitionstelecomai-infrastructure