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
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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]
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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]
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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]
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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]
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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]
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SOURCE Wall Street Reports
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