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New Service Centers, Collaborations, M&As, and New Gen Network Backup Appliances to Boost Tech Margins - Research Report on IBM, Qualcomm, SanDisk, Western Digital, and Rackspace

Editor Note: For more information about this release, please scroll to bottom


News provided by

Wall Street Reports

Jul 08, 2013, 08:00 ET

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NEW YORK, July 8, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting International Business Machines Corporation (NYSE: IBM), QUALCOMM Incorporated (NASDAQ: QCOM), SanDisk Corp. (NASDAQ: SNDK), Western Digital Corporation (NASDAQ: WDC), and Rackspace Hosting, Inc. (NYSE: RAX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

International Business Machines Corporation Research Report

On June 27, 2013, International Business Machines Corporation (IBM) announced a new services center in Magdeburg, Germany which is expected to create up to 300 German IT roles in the coming three years. According to the Company, this new IBM Services Center - Magdeburg (a wholly owned subsidiary of IBM), will provide German speaking IBM clients with high value application development, application maintenance and systems integration services that address the increasing demand for flexible software capability to harness the benefits of emerging Big Data, cloud and mobile business technology. Gregor Pillen, GM of IBM Global Business Services, Germany, stated, "The new Center reflects IBM's continued transformation in a mature market and commitment to providing the high-value technology services required by German speaking clients." He further added, "This investment in job creation aims to inspire the next-generation workforce of academics from local technical colleges and Universities who will deliver the advanced skills needed to continue driving business innovation." The Full Research Report on International Business Machines Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/114b_IBM]

--

Qualcomm Incorporated Research Report

On June 26, 2013, Qualcomm Incorporated (Qualcomm) announced that its wholly-owned subsidiary, Qualcomm Technologies, Inc., will power the world's first LTE-Advanced smartphone, the Samsung Galaxy S4 LTE-A, with the Qualcomm Snapdragon 800 processor. Company stated that the new Galaxy S4 LTE-A will utilize LTE carrier aggregation for data rates up to 150 Mbps, which is double of the current LTE speed. Murthy Renduchintala, EVP of Qualcomm Technologies, Inc. and Co-President of Qualcomm Mobile and Computing, said, "Snapdragon 800 processors with LTE Advanced are designed to deliver maximum performance and connectivity to users who want the fastest and best mobile experiences, from watching high-definition video to playing the latest mobile games." He added, "LTE-Advanced represents a significant improvement over current standards and will only enhance these experiences on the Galaxy S4, and other future devices worldwide." The Full Research Report on Qualcomm Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/132e_QCOM]

--

SanDisk Corp. Research Report

On July 2, 2013, SanDisk Corp. (SanDisk) announced that it has entered into a definitive agreement to acquire the SMART Storage Systems -a part of the SMART Worldwide Holdings portfolio of companies, by paying nearly $307 million in cash and certain equity-based incentive awards. The transaction, which is approved by the Board of Directors of both companies, is subject to customary closing conditions, and is expected to close in August 2013. Sumit Sadana, EVP and Chief Strategy Officer of SanDisk, commented, "SanDisk is excited to build upon its leadership position with its fourth acquisition in the enterprise storage market." Sadana continued, "This acquisition enables SanDisk to address a $1.6 billion market opportunity in enterprise SATA products, and complements our strong enterprise SAS product portfolio. With this combination, SanDisk will have products qualified with six of the top seven storage OEMs worldwide." The Full Research Report on SanDisk Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/5288_SNDK]

--

Western Digital Corporation Research Report

On June 27, 2013, Western Digital Corporation (Western Digital) announced that its digital storage solution company, WD, released the fourth generation of WD Arkeia network backup appliances. Western Digital reported that these new backup appliances can deliver an all-in-one backup and disaster recovery solution for small- and medium-sized businesses (SMBs). Liz Conner, Senior Research Analyst at IDC, said, "In announcing their fourth generation of purpose-built network backup appliances, WD Arkeia is delivering comprehensive SMB backup solutions that go beyond simple raw capacity increases." Conner added, "WD Arkeia offers easy-to-use data protection that takes the guess work out of purchasing, configuring and managing data backup & recovery, while also embedding features such as deduplication and hybrid cloud backup for small- and medium-sized businesses or remote offices." The Full Research Report on Western Digital Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/816a_WDC]

--

Rackspace Hosting, Inc. Research Report

On July 1, 2013, Rackspace Hosting, Inc. (Rackspace) announced that it has entered into a year-long contributor agreement with CERN openlab. Rackspace reported that during the agreed period it will deliver a hybrid cloud solution featuring its OpenStack-powered public and private clouds, to help CERN advance its mission by enabling more in-depth research into the origins of the universe. Jim Curry, SVP and GM of Rackspace Private Cloud, stated, "This is a landmark moment for Rackspace, as we feel this is an opportunity to take our already mutually beneficial relationship with CERN to new heights." Curry continued, "Through ongoing collaboration with CERN openlab, we will broaden the global reach of our hybrid cloud solutions, while simultaneously helping to set the pace of innovation within the field of particle physics." The Full Research Report on Rackspace Hosting, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/710f_RAX]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

SOURCE Wall Street Reports

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