Seagate and Supermicro Become ALLIES and 4 Chip and Big Data Stocks on the Move
Intel Corporation (NASDAQ:INTC) has announced new collaboration with VMware (NYSE:VMW) and will provide a platform for trusted cloud combining Intel Trusted Execution Technology (Intel TXT) with the latest release of VMware vSphere 5.1, which is the top platform for building cloud infrastructures. With hardware-enhanced security capabilities integrated into the processor, Intel TXT together with VMware vSphere 5.1 should offer a hardened and high-integrity platform to run business-critical applications in private and public cloud environments. The shares traded down $0.06 (0.24%) recently at $24.85.
EMC Corporation (NYSE:EMC) could attempt an acquisition of Fusion-io (NYSE:FIO) if its own flash storage efforts do not have a good start, states Sterne Agee analysts, reported Boston Business Journal. The shares traded down $0.10 (0.37%) recently at $26.58.
Seagate Technology PLC (NASDAQ:STX) announced a strategic alliance with Super Micro Computer, or Supermicro (NASDAQ:SMCI), to focus on the expansion of the market for Seagate Pulsar solid state drives (SSDs). As part of the initiative, Supermicro customers are to gain access to the latest Pulsar.2 enterprise-class, MLC-enabled products featuring 2.5 form factors with SAS2/SATA3 6Gb/s performance in up to 800GB capacities. Qualified Seagate SSD products are to be listed on Supermicro’s product web pages. The shares traded down $0.11 (0.32%) recently at $34.95.
SanDisk Corp. (NASDAQ:SNDK) announced that it has teamed with Virident Systems, who is a supplier of PCIe flash storage solutions, on projects combining Virident hardware technology with FlashSoft software from SanDisk. The SanDisk-Virident collaboration will include co-marketing, sales cooperation, joint testing and validation programs, and support and services assistance. The shares traded down $0.13 (0.30%) recently at $42.91.
Western Digital Corp. (NYSE:WDC) stated that it will launch several networking solutions in India to tap into the increasing demand for the connected homes market, states the Economic Times. The shares traded up $0.22 (0.50%) recently at $43.85.
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