>>Time for an update, since our last article on Immersion Corporation (IMMR).
The stock recently hit a new 52 week high, and has been trading within a nice uptrend since the beginning of the year, as you can see from the following chart:
Nortia is the Etruscan Goddess of Fate, predecessor to the Roman Goddess Fortuna (luck in English). Nortia had a great temple in Velsna, where it was a tradition to drive a nail into the wall at the new year to mark the ending or fixing of the old year. Fixing data in one place for common use. This is what Nortia is mainly about. You may use this blog in connection with our site, Nortia Research. ---> Nortia
The stock recently hit a new 52 week high, and has been trading within a nice uptrend since the beginning of the year, as you can see from the following chart:
“Touch screen penetration has rapidly increased in mobile phones, handheld games, game consoles, and tablet PC applications, which collectively will account for more than $10.5 billion in touch screen revenues this year,” noted Jennifer Colegrove, PhD, Vice President of Emerging Display Technologies at DisplaySearch.“In addition, we see strong touch screen growth over the next several years driven by demand in larger display applications such as all-in-one PCs, notebook PCs, and consumer gaming.”
Figure 1: Touch Screen Module Revenue Forecast
Source: DisplaySearch 2011 Touch Panel Market Analysis
LONDON—July 13, 2011—Equinix, Inc. (NASDAQ: EQIX), a provider of global data center services, today announced that BATS Trading Limited (BATS), a global operator of securities and derivatives markets, has signed a long-term deal to relocate the BATS Europe trading platform to Equinix’s London LD4 International Business Exchange™ (IBX®) data center. Scheduled for October 2011, the switchover will provide a secure, low-latency, high-performance trading environment for BATS Europe’s integrated and dark electronic trading books.
BATS Europe’s relocation to Equinix will further strengthen the rich financial ecosystem at LD4, attracting new trading participants and complementing the existing equities, foreign exchange and fixed income trading venues already housed in the data center. The presence of this significant trading venue will also increase market opportunities for more than 250 financial services customers interconnected across the rich European financial trading communities within Zurich, Frankfurt and London.
As one of Europe’s largest pan-European trading platforms, BATS Europe caters to the needs of the broker-dealer and trading community. Currently, a dedicated ultra-fast link between the current BATS Europe site and Equinix LD4 IBX is being installed. To ensure a smooth transition and minimize risk and disruption, extensive network and operational testing will be conducted before going live.
“As a recognized leader in financial IT infrastructure, Equinix provides the type of high quality hosting foundation that we require as we continue to grow our market share and operate in the top global financial markets,” said Paul O’Donnell, chief operating officer, BATS Europe. “We’re confident that our trading platform, housed in Equinix’s world-class facility, will deliver a compelling and attractive offering to our existing and potential customers.”
“Equinix is delighted to welcome BATS Europe to Platform Equinix and our LD4 facility, delivering innovative electronic trading services to the Equinix financial ecosystem,” said Russell Poole, general manager, Equinix UK. “This announcement reflects Equinix’s ongoing commitment to meeting the growing demands of the trading community. Through high performance standards, consistency of service and the ability to attract key participants, Equinix continues to cement its position as the destination of choice for the financial services sector. Equinix looks forward to working closely with BATS Europe over the coming months to ensure a smooth switch over, and to developing our relationship in the future.”
The data centre firm declined to comment on its AWS relationship, but Equinix global chief executive Steve Smith recently said its strength lay in bringing global companies to local markets quickly.
"If any company wants to deal with a single supplier on a global basis, we are it," Mr Smith said.
Equinix has set up a new $100 million-plus data centre in Sydney and plans to investigate opportunities in Melbourne.
AWS Asia-Pacific spokeswoman Regina Tan said: "We do not comment on rumours or speculations. Over time, we plan to have more data centres in different countries and regions around the world.
"Our Australia-based customers are successfully using data centres in the US, Ireland, Singapore and Tokyo."