Editor’s Note: Cisco Systems, Inc. (NASDAQ:CSCO), Hewlett-Packard Company (NYSE:HPQ), International Business Machines Corp. (NYSE:IBM)
Cisco today announced that Shenandoah Telecommunications Company (NASDAQ:SHEN), a leading regional U.S. telecommunications service provider, has updated its dense wavelength division multiplexing (DWDM) fiber-optic network with Cisco Systems, Inc. (NASDAQ:CSCO)’s Coherent DWDM technology to support 100 Gigabit per second speeds to its subscribers throughout Virginia, West Virginia and Maryland. The Cisco ASR 9000 Series router will provide resilient high-speed IP services. Shentel, the first service provider to deploy Cisco’s 100G network solution within Virginia and West Virginia, will be able to offer multiple 10G or 100G wavelength services.
HP t820 Flexible Series Thin Client Announced (StorageReview.com)
Hewlett-Packard Company (NYSE:HPQ) is announcing its most powerful thin client, the HP t820 Flexible Series Thin Client, which is designed to deliver high performance as well as security and manageability. The HP t820 is primarily designed for high-performance computing for specialty programs in fields including financial trading, architecture, engineering, military or the government sector. HP is also announcing support for new NVIDIA GRID cards for the HP WS460c Generation 8 (Gen8) Graphics Server Blade. The HP WS460c can be combined with the HP Multi-GPU Carrier, which enables up to eight users per blade. The Hewlett-Packard Company (NYSE:HPQ) t820 includes enhanced hardware to drive performance, added security features to protect data, and better integration for improved user experiences.
IBM summit to bring digital leaders to Tampa (Tampa Bay Business Journal)
The International Business Machines Corp. (NYSE:IBM) Smart Commerce Global Summit will come to Tampa Bay for the first time May 13, 2014, when the two-day conference is scheduled to begin at the Tampa Convention Center. At Smarter Commerce events, IBM brings together companies from around the world to share best practices related to “smarter commerce,” or digital consumer behaviors such as shopping online and banking online. International Business Machines Corp. (NYSE:IBM) has not yet announced which companies will appear at the conference.
Cisco Systems Upgraded to Buy by Sterne Agee (CSCO) (Zolmax)
Sterne Agee upgraded shares of Cisco Systems, Inc. (NASDAQ:CSCO) to a buy rating in a report released on Thursday, StockRatingsNetwork reports. Sterne Agee currently has $28.00 price objective on the stock, up from their previous price objective of $26.00. “A challenging quarter as APJC product orders (down 3%) and other Emerging Markets saw inconsistent results despite broad U.S. strength (up 5%). That said, guidance and the outlook were mostly unchanged and we continue to view Cisco Systems, Inc. (NASDAQ:CSCO) as a share gainer (servers) and targeted acquirer of key assets (Sourcefire), all of which should re-accelerate momentum once these regions recover. Higher net cash leads to a new price target of $28 ($26).,” the firm’s analyst commented.
HP hopes to reverse declining PC fortunes (Globe and Mail)
Hewlett-Packard Company (NYSE:HPQ) has joined a number of big-name technology companies attempting to pull off a very difficult trick – switching from their core businesses to something more profitable. When HP posts its third-quarter earnings on Wednesday, investors and analysts will be watching to see if the company can continue to go against the trend of declining fortunes in the personal computer market. On average, analysts expect the company to post earnings per share of 86 cents and revenue of $27.25-billion (U.S.). Both numbers are down from the same period last year.
GAME moves toward cloud solution (ihotdesk – IT News)
International Business Machines Corp. (NYSE:IBM) and GAME have signed a deal that will see the latter employ the former’s cloud-based software to boost its online marketing strategies and deliver tailored product recommendations to consumers. The deal will see the games and consoles retailer up its investment in technology from IBM’s Smarter Commerce initiative, which it is using to increase customer loyalty and upsells. GAME’s solution will be delivered via IBM SmartCloud from the recently revealed Cloud Suite for the C-Suite solutions package, which includes a Big Data and social analytics tool to help chief marketing officers ascertain how consumers view their brand.
