Key Developments For NetApp, Inc.
NetApp, Inc. (NTAP.O) (Nasdaq)
NetApp Inc. Issues Q3 2010 Guidance; Revenue Guidance Above Analysts' Estimates
NetApp Inc. announced that for third quarter of 2010, it expects revenue to be in a range of $935-$955 million, GAAP earnings per share (EPS) to be approximately $0.24-$0.25 per share and non GAAP EPS to be approximately $0.36-$0.37. According to Reuters Estimates, analysts are expecting the Company to report revenue of $922 million and non-GAAP EPS of $0.36 for the same period.
Fujitsu Limited And NetApp Inc. Announce Plans To Expand Their Global Partnership
Fujitsu Limited and NetApp Inc. announced their intention to deepen their partnership globally and provide more tightly integrated and automated storage and data management solutions. Leveraging each other's expertise, the companies intend to jointly develop integrated products and services specifically in the areas of virtualization, storage and data management, and storage services and solutions. This expanded relationship will enable customers to derive greater value and efficiencies from their dynamic infrastructures. The companies are currently working to integrate NetApp's storage management software into Fujitsu's comprehensive resource management framework. The framework dynamically orchestrates servers, networks, storage and software into logical system platforms to run applications on demand.
NetApp Inc. Announces Award Of First WSCA/NASPO Master Price Agreement
NetApp Inc. announced that it has been awarded a WSCA/NASPO Master Price Agreement by the State of Minnesota, Materials Management Division (MMD), on behalf of the Western States Contracting Agency (WSCA) and the National Association of State Procurement Officials (NASPO). The agreement makes NetApp a qualified provider of cost-effective storage solutions for states, cities, counties, public schools, and institutions of higher education in participating states.
NetApp Inc. Powers BT Virtual Data Center
NetApp Inc. announced that it will provide the storage infrastructure to support BT's new Virtual Data Center (VDC).
NetApp Inc. And Desktone Deliver Storage For Cloud Based Virtual Desktop Infrastructures
NetApp Inc. and Desktone announced that the Desktone Virtual-D Platform is now integrated with the NetApp Data ONTAP operating system. The joint solution is built on Desktone's Virtual-D Platform, which enables virtual hosted desktops to be delivered as an outsourced, subscription service via the cloud, and NetApp's storage and data management solutions. NetApp deduplication technology helps service providers reduce redundant data to lower storage costs associated with maintaining both desktop images and user data for each hosted virtual desktop infrastructure. In addition, NetApp's intelligent caching and Performance Acceleration Module (PAM) can reduce disk input/output operations while helping improve hosted virtual desktop performance in large environments. Furthermore, the joint solution lets service providers clone their virtual desktops in a matter of minutes rather than hours for more streamlined and efficient operations. The joint solution also supports an on-premises deployment model where enterprises can co-locate service provider owned and operated DaaS infrastructure in their own data center.
