Dec 16- Flash storage provider Violin Memory Inc's board fired its CEO in the wake of a sour IPO and deeper-than-expected quarterly losses, sending its shares sharply higher. In its stock market debut in September, Violin Memory's shares dropped about 22 percent due to concerns about competition.» Read More
*Santander UK says no staff involved in case. LONDON, Sept 13- British police said on Friday they had smashed an "audacious" and sophisticated plot to take control of the bank Santander UK's computer systems and steal millions of pounds.
*Seagate likely to have bid for Virident- analysts. Sept 9- Western Digital Corp said it would buy Virident Systems Inc for $685 million as the hard drive maker and Seagate Technology Plc battle for a piece of the fast-growing market for solid-state drives used in servers.
Sept 9- Hard drive maker Western Digital Corp said it would buy Virident Systems Inc, a maker of flash memory for servers, for $685 million in cash. In June, Western Digital bought troubled solid-state drive maker Stec Inc to become one of the top players in the high-growth industry.
NEW YORK, Aug 23- A federal judge on Friday denied Marvell Technology Group Ltd's request to declare a mistrial in a patent infringement case in which a jury awarded $1.17 billion in damages to Carnegie Mellon University.
NEW YORK, Aug 23- A federal judge on Friday upheld a $1.17 billion award a jury imposed on chipmaker Marvell Technology Group Ltd for infringing two patents held by Carnegie Mellon University.
Aug 15- Data storage company Nimble Storage intends to go public later this year and has selected Goldman Sachs Group Inc to lead an IPO, according to two sources familiar with the matter. Nimble Storage and Goldman Sachs declined to comment. Nimble Storage's investors include Sequoia Capital, Accel Partners, Lightspeed Venture Partners and Artis Ventures.
*Sees second-quarter adj EPS $0.60- $0.65 vs est $0.63. Aug 14- Data storage equipment maker NetApp Inc forecast current-quarter results largely below expectations, sending its shares down 4 percent in extended trading.
Aug 13- ExOne Co, which makes 3- D printers, reported second-quarter sales below analysts' estimates and forecast 2013 revenue at the lower end of its guidance, hurt by a weak Yen. For the second quarter, net loss narrowed to $1.1 million, or 8 cents per share, from $3.6 million.
*Third-quarter adj EPS $0.19/ shr vs est $0.12/ shr. *Third-quarter revenue $536.6 mln vs est $519 mln. Aug 13- Network equipment maker Brocade Communications Systems Inc reported third-quarter results above analysts' estimates and said demand for its storage products was improving.
*GE, LG Chem among companies entering growing market. SAN FRANCISCO/ LOS ANGELES, Aug 12- California, whose green ambitions helped the solar and wind industries take root, is taking an essential next step by proposing a sharp rise in energy storage to better integrate renewable power with the rest of the grid.
July 30- 3 D printer maker 3 D Systems Corp reported a 12 percent rise in quarterly profit as revenue from printers and printed parts more than doubled. Net income rose to $9.3 million, or 10 cents per share in the second quarter, from $8.3 million, or 11 cents per share, a year earlier. Revenue jumped 45 percent to $120.8 million.
July 24- A muted revenue outlook from hard-disk drive maker Seagate Technology Plc sparked concerns that its cloud storage business was not growing fast enough to offset falling demand from PC makers, sending its shares down as much as 10 percent.
July 24- Hard disk drive maker Seagate Technology Plc reported slightly better-than-expected quarterly results, but shipments dropped 18 percent from a year earlier.
July 23- Hard disk drive maker Seagate Technology Plc reported a two-thirds drop in quarterly profit as revenue slid 24 percent. Net income fell to $348 million, or 94 cents per share in the fourth quarter, from $1.01 billion, or $2.37 per share, a year earlier.
*Proposal links load-in, load-out rates for warehouses. LONDON, July 1- The London Metal Exchange proposed a major overhaul of its metals storage system on Monday that, if implemented, will help soothe irate industrial clients and curb profits for banks and trade houses that own warehouses.
June 24- Hard drive maker Western Digital Corp will buy troubled Stec Inc to become one of the top players in the high-growth solid-state drive industry that has flourished despite high prices of the storage devices.
Mobile computing is bad news for the hard-drive business, Kynikos Associates founder Jim Chanos told the audience at the Ira Sohn investment conference Tuesday.
IDC report shows much greater declines in PC shipments than expected, but a long piece on the semiconductor industry by Barclays is also getting a lot of attention.
IBM reported quarterly earnings and revenue Tuesday that exceeded analysts' predictions. Shares rose after-hours.
There’s little doubt Americans love their electronic devices. But questions remain over whether the affection for tablets and smartphones will ring up a happy holiday.