QLogic Chosen By H-P as Fiber Channel Supplier, Zynga Goes to Nevada: Tech Biz Update

The networking equipment analyst Paul Silverstein at Credit Suisse said Thursday that the trend towards replacing networking equipment with software-defined networking not nearly the threat to Cisco Systems (NASDAQ:CSCO) and Juniper Networks (NYSE:JNPR) and other traditional vendors as it has been thought, and that it is actually “more distant and limited than what appears to be the current view held by most members of the investment community.”  Silverstein went on to say that this week, he was at the Gartner Data Center Conference in Las Vegas, held by Credit Suisse, where “most enterprise IT professionals we heard from and spoke to at the conference appear to be at the initial stage of simply trying to understand what SDN is, not to mention what its value proposition entails.”

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QLogic Corporation (NASDAQ:QLGC) has been named by Hewlett-Packard Co. (NYSE:HPQ) as a supplier of 16Gb Fibre Channel connectivity for HP ProLiant Gen8 servers and HP ProLiant G7 servers, along with adapter solutions for the HP 3PAR StoreServ Storage which forms part of the HP Converged Storage portfolio.

Even given the myriad regulations it will face, Zynga (NASDAQ:ZNGA) has begun the process of getting permission to conduct real-money gaming in the United States (in Nevada, of course). The company reported Thursday that it has filed an Application for a Preliminary Finding of Suitability in the state, a process which could take as much as 18 months. If Zynga is found to be suitable, it could then apply for a license which could take only two to three months more.

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