Friday, May 6, 2011
Samsung, which has more than quadrupled its output to 10.8 million shipments in the quarter, and HTC, whose growth has been almost as impressive.
>>Immersion Corporation (IMMR) reported Q1 2011 results last night.
Total revenues for Q1 2011 were $9.8 million, with net income of $1.4 million. Both numbers exceeded analysts consensus, and were also much stronger than we expected. The company was capable of delivering a small revenue increase compared with Q1 2010, as a 30% increase in royalties more than compensated the lack of about $2.1 million in product sales of the medical lines sold to CAE Healthcare (CAE) during 2010.
>>Dougherty & Co. analysts raised their price target on shares of Immersion Corp (NASDAQ: IMMR) to $11.00.
>>Another milestone passed in the mobile industry: Nokia (NYSE: NOK), the reigning leader in mobile handsets, has now lost the number-one position in its most important market, Western Europe. According to figures from IDC, Apple (NSDQ: AAPL) is now the region’s top smartphone maker; and Samsung is the region’s biggest mobile phone maker overall.
>>Immersion Corp. (IMMR) : The software company reported first-quarter sales of $9.77 million, beating the average analyst estimate by 33 percent, Bloomberg data show.
Thursday, May 5, 2011
>>In my previous article I tried to examine the landscape surrounding 21Vianet's (VNET) IPO, which can be resumed, using a quote from a recent Seeking Alpha article by Screener.co, as an environment where "high growth tech companies in emerging markets are trading at sky high valuations."
Hurricane Electric Announces Second European Network Expansion in Two Months with New Point of Presence at Equinix Paris Exchange
PARIS--(BUSINESS WIRE)--Hurricane Electric, the world’s largest IPv6-native Internet backbone and colocation provider, announced that it has established a point-of-presence at the Equinix Paris Exchange.
The expansion will enable Hurricane Electric to improve fault tolerance, load balancing and congestion management infrastructure capabilities in its next-generation IP access services. It will also enable Equinix customers to directly exchange IP traffic, or “peer,” with Hurricane Electric’s global Internet backbone.
“Hurricane Electric is excited to connect to the Equinix Paris Exchange," said Martin Levy, Director of IPv6 Strategy at Hurricane Electric. “Adding this exchange to our global network will improve our connectivity in the Greater Paris metro area and France. Hurricane Electric’s global footprint through the exchange will give customers the geographic reach and extended IPv6 functionality they are demanding.”
Hurricane’s new point-of-presence at the Equinix Paris Exchange follows similar expansions in late 2010 at Comfluent in Denver, Equinix Singapore and The Northwest Access Exchange (NWAX) in Portland, Oregon.
A leader in IPv6 for over a decade, Hurricane Electric offers free IPv6 certification, DNS services and tunnel broker service. In March, Hurricane Electric formed a Professional Services Division to help enterprises prepare and cost-effectively transition to IPv6.
Wednesday, May 4, 2011
>>Focus Going Forward
- Increase global presence with acquisition of TomoTherapy.
- Reduce overall operating expenses across Accuray and TomoTherapy by $25 million.
- Make improvements to TomoTherapy system via engineering talent.
LOS ANGELES, CA and LONDON--(Marketwire - May 4, 2011) - PacketExchange, the next generation Ethernet and IP network service provider, announces the availability of its Network-Infrastructure-as-a-Service (NIaaS) solution within nine Equinix data centers across three continents. PacketExchange's NIaaS recently expanded into two Equinix European facilities, Amsterdam and London, providing robust, scalable bandwidth on-demand. The expansion grants Equinix customers access to PacketExchange's global network that offers point-to-point and point-to-multipoint solutions across its globally expansive private Ethernet and Internet network.
PacketExchange's NIaaS provides enterprise organizations the ability to obtain network infrastructure as a fully managed service instead of having to maintain expensive hardware assets, engineering resources, and fixed capacity WAN circuits. The flexibility of Ethernet allows companies to quickly scale capacity as needed, and by building their network infrastructure on the PacketExchange private optical backbone, companies are provided with reliable, secure access to cloud-hosted applications.
With Equinix, PacketExchange's NIaaS is accessible by Equinix customers across nine locations including Amsterdam, London, New York, Chicago, Los Angeles, San Jose, Dallas, Ashburn, and Singapore. With PacketExchange's recent expansion into Equinix's Amsterdam (AM1/2) and London (LD4/5) Campuses, the NIaaS is further available to an array of business eco-systems that include Network Service Professionals, Cloud and IT companies, Content and Digital Media, Financial Services and Enterprise businesses around the world.
"PacketExchange has built a globally robust network that leverages the strength of private and public networks solutions in order to provide a custom data delivery experience for businesses that rely on the cloud," comments Rick Mace, CEO of PacketExchange. "PacketExchange not only provides a reliable and robust infrastructure that optimizes the delivery of cloud-based solutions, but we stand by this service by offering 100% SLA guarantees across our core network."
"We are pleased to welcome PacketExchange into our Amsterdam and London data centers," said Eric Schwartz, President, Equinix Europe. "Our global platform gives network operators the ability to offer services in more markets and our diverse customer base now has access to PacketExchange's fully managed, global network."
The PacketExchange Network Infrastructure-as-a-Service solution is used by leading Software-as-a-Service (SaaS) providers and enterprises globally. To find out more about PacketExchange's global Ethernet network delivery solutions visit www.packetexchange.net or email firstname.lastname@example.org.
Tuesday, May 3, 2011
Monday, May 2, 2011
>>After 21Vianet (VNET) completed its IPO at $15 ($2 above the high end of the proposed range) and its shares jumped to over $21 on their first trading day, I wrote a brief article wondering if 21Vianet's multiples were sustainable.
To my surprise (I'm really very bad at predicting short term stock movements), the stock declined since its peak and is now trading closer to its IPO price, at about $ 15.50.
>Last week Internap (INAP) reported Q1 2011 results, which came slightly lower than consensus.
Here are some of the highlights:
- Revenues for the quarter were $59.4 million, compared with $63.4 million in Q1 2010 and $60.0 million in Q4 2010, slightly lower than Street's forecast of $60.5 million.
>>Data center-related stocks scored, on average, another positive month in April, as the first earning calls delivered some solid results and contributed to good gains in the sector.
>>Equinix (EQIX) reported Q1 results that exceeded both consensus and company’s guidance, announced several new expansions, and an increased guidance for the year.
Sunday, May 1, 2011
>>Immersion (NASDAQ:IMMR) is expected by analysts to report earnings of $0.02 per share on sales of $7.3 million in 6 days. Analysts also expect earnings of $0.19 per share for the current full-year period.