Welcome!

@DXWorldExpo Authors: Yeshim Deniz, Pat Romanski, Liz McMillan, Zakia Bouachraoui, Carmen Gonzalez

News Feed Item

Financial Results and Acquisitions - Research Report on Dell, Applied Materials, Maxim Integrated, Himax, and Mellanox

NEW YORK, August 20, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Dell Inc. (NASDAQ: DELL), Applied Materials, Inc. (NASDAQ: AMAT), Maxim Integrated Products Inc. (NASDAQ: MXIM), Himax Technologies, Inc. (NASDAQ: HIMX), and Mellanox Technologies, Ltd. (NASDAQ: MLNX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Dell Inc. Research Report

On August 15, 2013, Dell Inc. (Dell) reported its financial results for Q2 FY 2014 (period ended August 2, 2013) with revenue increasing 0.2% YoY to $14.5 billion. Net income stood at $204 million, or $0.12 per diluted share, in Q2 FY 2014, compared to net income of $732 million, or $0.42 per diluted share, in Q2 FY 2013. Commenting on the results, Brian Gladden, CFO, said, "In a challenging environment, we remain committed to our strategy and our customers, and we're encouraged by increasing customer interest in our end-to-end solutions offerings and continued growth in our Enterprise Solutions, Services and Software businesses." The Company stated that, given its February 5, 2013 announcement of a definitive merger agreement to make the Company private, it is not providing an outlook. The Full Research Report on Dell Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/DELL]

--

Applied Materials, Inc. Research Report

On August 15, 2013, Applied Materials, Inc. (Applied Materials) reported its Q3 FY 2013 (period ended July 28, 2013) financial results with net sales declining 15.7% YoY to $2 billion. Net income was $168 million, or $0.14 per diluted share, in Q3 FY 2013, compared to net income of $218 million, or $0.17 per diluted share, in Q3 FY 2012. Commenting on the results, Mike Splinter, Chairman and Chief Executive Officer of Applied Materials, said, "Consumers' appetite for mobile devices and larger TVs is driving healthy demand for our semiconductor and display equipment. We are seeing stronger investment by our memory customers, and our display business booked its highest orders in over two years." For Q4 FY 2013, the Company expects net sales to be approximately flat as compared to the Q3 FY 2013. The Full Research Report on Applied Materials, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/AMAT]

--

Maxim Integrated Products Inc. Research Report

On August 15, 2013, Maxim Integrated Products Inc. (Maxim Integrated) announced that it has signed a definitive agreement to acquire Volterra Semiconductor Corp. (Volterra) for $23 per share, which represents a 55% premium to Volterra's closing share price on August 14, 2013. According to Maxim Integrated, the value of the transaction is approximately $605 million equity value or $450 million net of Volterra's cash position of approximately $155 million. Tunç Doluca, Maxim's President and CEO, said, "Maxim Integrated is known for its highly integrated solutions. With Volterra, we will strengthen our position in the enterprise and communications markets. We add a very talented team and leading-edge proprietary technology in high-current power management solutions, which further diversifies our business model." Subject to regulatory approvals, Maxim expects the acquisition to close early in the December 2013 quarter. The Full Research Report on Maxim Integrated Products Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/MXIM]

--

Himax Technologies, Inc. Research Report

On August 15, 2013, Himax Technologies, Inc. (Himax) reported its Q2 2013 financial results with net revenues increasing 9.2% YoY to $207 million. Net income attributable to Himax a stockholder stood at $19.4 million, or $0.11 per diluted share, in Q2 2013, compared to $15.1 million, or $0.09 per diluted share, in Q2 2012. Commenting on the results, Mr. Jordan Wu, President and CEO of Himax, said, "The core drivers of our business strategy remain intact. By focusing our investments in higher growth markets and higher margin products, we have been able to sustain double‐digit growth in our small and medium sized driver and non‐driver IC businesses while steadily improving our margins. The progress we are making in our LCOS microdisplays is another example of our technology leadership."For Q3 2013, Himax expects net revenue to decline by between 5% and 12% QoQ. The Full Research Report on Himax Technologies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/HIMX]

--

Mellanox Technologies, Ltd. Research Report

On August 15, 2013, Mellanox Technologies (Mellanox) announced that it has completed the acquisition of Kotura Inc. (Kotura), a privately held provider of advanced silicon photonics optical interconnect technology for high-speed networking applications, for a total cash purchase price of approximately $82 million, subject to certain working capital and other adjustments. According to Mellanox, the acquisition empowers its ability to provide leading technologies for high speed, scalable and efficient end-to-end interconnect solutions, and is expected to increase Mellanox's competiveness to meet the increasing demands of high-performance, Web 2.0, cloud, data center, database, financial services and storage applications. Eyal Waldman, President and CEO of Mellanox, said, "Through our acquisition of Kotura, we now have the silicon photonics technology to continue the development of best-in-class, next-generation InfiniBand and Ethernet interconnect solutions for 100Gb/s and beyond. This acquisition solidifies our strategy to provide full end-to-end interconnect solutions for our server and storage customers." The Full Research Report on Mellanox Technologies, Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/MLNX]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


SOURCE Investors' Reports

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

DXWorldEXPO Digital Transformation Stories
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Cloud is the motor for innovation and digital transformation. CIOs will run 25% of total application workloads in the cloud by the end of 2018, based on recent Morgan Stanley report. Having the right enterprise cloud strategy in place, often in a multi cloud environment, also helps companies become a more intelligent business. Companies that master this path have something in common: they create a culture of continuous innovation. In his presentation, Dilipkumar will outline the latest resear...
Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, and innovation. But in order to get to that collaboration rainbow, you need the cloud! In this presentation, we'll cover three areas: First - the rainbow of benefits from cloud collaboration. There are many different reasons why more and more companies and institutions are moving to the cloud. Benefits include: cost savings (reducing on-prem infrastructure, reducing data center foot print, redu...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
When building large, cloud-based applications that operate at a high scale, it’s important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. “Fly two mistakes high” is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee A...