Michael Trager
Latest from Michael Trager
EMC – The Cloud’s Switzerland?
The dominant position of EMC (ticker symbol EMC) in the storage industry is well established. Not willing to rest on its laurels, however, the company has been transitioning for quite some time, both internally and by strategic acquisitions and partnerships, from being a pure storage hardware vendor to a provider of all things related to ...
Venture Capital Funding Lopsided
It certainly comes as no surprise that consumer oriented start ups currently enjoy easier access to funding than has been available for the past few years due to the success and high profile of companies such as Facebook, Twitter, and Groupon, for example. Investors are piling into fast-growing consumer oriented websites like Facebook as well ...
Youku Loss Narrows, Issues New Shares
Youku.com (ticker symbol YOKU) is a Chinese online video company which currently enjoys a dominant position in the Chinese online video market as gauged by revenue, but is certainly not without competition. The shares started trading publicly via an IPO on the New York Stock Exchange (NYSE) just this past December, 2010,. A report in ...
Renren IPO Successful Despite Accounting Questions
Shares of Chinese social network Renren (ticker symbol RENN) successfully debuted yesterday on the New York Stock Exchange (NYSE), climbing more than 50% intraday before closing up 20% from their opening despite reports of the last minute resignation of the head of its auditing committee and disclosures of material weaknesses in its accounting. It’s well ...
Cisco Revamping Operations
It’s no secret that Cisco (ticker symbol CSCO) has been struggling and therefore needs to make some changes in their operations and business models. Today’s Wall Street Journal (wsj.com) reports that Cisco is moving to streamline its operating model as it looks to simplify its management structure and refocus its operations. “It’s time to simplify ...
Intel Aims at ARM Holdings With New Chip Technology
An item in today’s Investors Business Daily (investors.com) reports that at a gathering in San Francisco yesterday, Intel Corp. (ticker INTC) showed off what it called the most radical shift in semiconductor technology in more than fifty years, introducing a new 3-D transistor design that aims to let the company keep pace with Moore’s Law ...
IBM, Red Hat Announce Virtualization Collaboration
At the Red Hat Summit and JBoss World gathering currently being held in Boston, IBM (ticker IBM) and Red Hat (ticker RHT) announced Tuesday they will collaborate to create products based on KVM (Kernel-based Virtual Machine) technology, aiming to drive open source virtualization in the enterprise. Under the partnership, IBM and Red Hat will aim ...
Applied Materials Acquires Varian
Today’s Wall Street Journal (wsj.com) reports that Applied Materials (ticker symbol AMAT) has agreed today to acquire Varian Semiconductor Equipment Associates (VSEA) for $63 per share, roughly a 55% premium to yesterday’s closing share price of VSEA and assigning a market valuation to VSEA of approximately $3 billion. Applied will pay nearly 14 times Varian’s ...
LinkedIn Chooses NYSE
It’s no secret by now that LinkedIn has decided to go public. The only potential question was the stock exchange with which it was going to choose to be listed. The answer is that it will be listed on the New York Stock Exchange (NYSE) and not the Nasdaq, which is often chosen by young ...
Black Clouds Over The Cloud? EMC’s RSA Unit Addresses The Issues
Are there black clouds brewing over the hot cloud computing industry? Some seem to think so. Security and outage fears continue to hover as the black clouds over cloud computing, rendering some people and companies reluctant to move their data and apps to the cloud. Just in the past week or two, there have been ...