Computer Hardware
Sandisk Corp Announces Definitive Agreement To Acquire Smart Storage Systems
Sandisk Corp announced definitive agreement to acquire SMART Storage Systems, a developer of enterprise solid state drives (SSDs) based on the SATA and SAS storage protocols. Under the terms of the agreement, SanDisk will pay approximately $307 million in cash and certain equity-based incentive awards to acquire SMART Storage Systems, which is part of the SMART Worldwide Holdings portfolio of companies, acquired in 2011 by two related investment funds of Silver Lake. The transaction, which has been approved by the boards of directors of both companies, is subject to customary closing conditions, including regulatory review and approval, and it is expected to close in August, 2013. Approximately 250 employees of SMART Storage Systems will join SanDisk at the close of the transaction.
Agilysys Inc Completes Sale Of Retail Solutions Group
Agilysys Inc announced that it has completed the previously announced sale of Retail Solutions Group (RSG) to an affiliate of Clearlake Capital Group, L.P. (Clearlake) for total cash consideration of approximately $34.55 million. Atlas Technology Group LLC served as the financial advisor to Agilysys on the sale of RSG.
Dicker Data Ltd Declares Interim Dividend-Ralph Wragg Australian Business News
Ralph Wragg Australian Business News reported that Dicker Data Ltd has declared an interim dividend of AUD0.0125 a share, fully franked. It is payable on July 10, 2013 to shareholders registered July 3, 2013 with an ex-dividend date of June 27, 2013.
Xyratex Ltd Issues Q3 2013 Guidance In Line With Analysts' Estimates
Xyratex Ltd announced that for the third quarter of 2013, it expects revenue to be in the range of $195 million to $225 million, fully diluted earnings (loss) per share is anticipated to be between a loss of $0.16 and earnings of $0.08 on a GAAP basis and on a non-GAAP basis, fully diluted earnings (loss) per share is anticipated to be between a loss of $0.04 and earnings of $0.20. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $223 million and EPS of $0.09 for the third quarter of 2013.
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+246.24Analyst Research
| Report Title | Price |
|---|---|
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Provider: Brown Brothers Harriman & Co.
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$23.00
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Provider: Brown Brothers Harriman & Co.
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$35.00
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Provider: Market Edge
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$10.00
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Provider: Market Edge
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$10.00
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Provider: Edison Investment Research
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$10.00
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