Technology Sector Announces Partnerships, Forum Attendance and Newly Appointed Leaders- Research Report on F5 Network, Zillow, SAP, SolarWinds, and Cadence Design Systems
NEW YORK, August 13, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports highlighting F5 Networks, Inc. (NASDAQ: FFIV), Zillow, Inc. (NASDAQ: Z), SAP AG (NYSE: SAP), SolarWinds, Inc. (NYSE: SWI), and Cadence Design Systems Inc. (NASDAQ: CDNS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
F5 Networks, Inc. Research Report
On August 5, 2013, F5 Networks, Inc. (F5 Networks) announced that it has issued a total of 1,994 restricted stock units (RSUs) on August 1, 2013 to 13 employees who joined F5 Networks in connection with the Company's acquisition of LineRate Systems, a developer of software defined networking (SDN) services. According to the Company, the acquisition was completed on February 11, 2013. F5 Networks stated that the RSUs were granted as inducements to employment in line with NASDAQ Listing Rule 5635(c)(4). The RSUs will vest 25% on May 1, 2014 and the remaining 75% will vest in equal quarterly installments over the following three-year period thereafter, subject to employees' continued service relationship with the Company. The Company also stated that the grants will be subject to the terms and conditions of the F5 Networks, Inc. LineRate Acquisition Equity Incentive Plan. The Full Research Report on F5 Networks, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/FFIV]
Zillow, Inc. Research Report
On August 2, 2013, Zillow, Inc. (Zillow) announced the appointment of Kathleen Philips as Chief Operating Officer of the Company. Philips, who has served as General Counsel since joining the Company in 2010, played a vital role in the Company's 2011 initial public offering. In addition to managing the legal team, she has assumed increasing responsibilities to include human resources and customer service. Zillow also informed that Philips oversees the Company's M&A activities, and in addition to her Company-wide responsibilities, she manages Zillow's new and growing San Francisco office, which accommodates over 65 employees. Zillow CEO Spencer Rascoff, said, "I'm thrilled to name Kathleen Philips as Zillow's COO. Kathleen is an incredibly valuable member of our executive team, and this title much better describes the breadth of responsibilities she has successfully taken on over the last couple of years." The Full Research Report on Zillow, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/Z]
SAP AG Research Report
On August 5, 2013, SAP AG (SAP) announced that SAP Cloud for Travel solution is offering additional convenience to business travelers with new open booking capabilities facilitated by integration with Traxo, a web based travel management provider, as well as out-of-the-box support for 20 countries. According to the Company, SAP Cloud for Travel offers faster and cost-efficient management of end-to-end travel process and expenses to financial officers and business travelers while complying with corporate policies. SAP further claimed that the integration with Traxo enables SAP Cloud for Travel to provide business travelers with the choice to manage booking their way while still giving companies the visibility and control needed to help ensure compliance. The Full Research Report on SAP AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/SAP]
SolarWinds, Inc. Research Report
On July 29, 2013, SolarWinds, Inc. (SolarWinds) announced that its Board of Directors has approved a share repurchase program worth up to $50 million of the Company's common stock. President and CEO of SolarWinds, Kevin Thompson, said, "This share repurchase reflects the confidence of our Management Team and Board of Directors in the long term growth strategy that we have laid out and are executing on for SolarWinds." According to the Company, share repurchases may be made in the open market or through an accelerated share repurchase plan at management's discretion in accordance with applicable federal securities laws. Also, the Company expects the buybacks to take place over the next 12 months, although the exact timing of repurchases and number of shares to be purchased will depend on market conditions and other factors. The Company also reported that it expects to fund the buyback program through its cash on hand and cash generated from operations. The Full Research Report on SolarWinds, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/SWI]
Cadence Design Systems Inc. Research Report
On July 30, 2013, Cadence Design Systems Inc. (Cadence Design Systems) announced that Geoff Ribar, Senior Vice President and Chief Financial Officer will present at the Pacific Crest Global Technology Leadership Forum to be held at the Sonnenalp Hotel in Vail. Ribar will also participate in a fireside chat and question and answer session with analysts and investors. The Company informed that Ribar's presentation will be available live via webcast at 3:30 p.m. MDT on August 13, 2013. The Full Research Report on Cadence Design Systems Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/CDNS]
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