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Posts tagged “NetApp”

Updated May 22, 2013

Premium Lock Exec: Despite layoffs, NetApp to continue hiring, growing in RTP

NetApp CEO Tom Georgens said that while the restructuring will cut some jobs, it will also free up resources to redeploy elsewhere. And he said the company won't stop hiring. Another exec also says NetApp remains committed to growing its campus in RTP.

NetApp's RTP campus  NetApp's RTP campus

Updated May 21, 2013

Premium Lock NetApp to lay off 900 workers in global restructuring

NetApp's RTP campus  NetApp will cut 900 workers globally as the company embarks on a "realignment of resources."

May 16, 2013

Premium Lock Hedge fund takes stake in NetApp, presses for boost in shareholder value

NetApp Elliott Management Corp, a hedge fund founded by billionaire Paul Singer, has been in talks with NetApp for weeks over proposals that include returning cash to shareholders, according to Bloomberg News.

May 16, 2013

Premium Lock NetApp is preparing for layoffs, report says

NetApp's main building in RTP A private note from Piper Jaffray to its clients says theNetApp layoffs will total about 1,300 people and will come from under-performing operations, IT-publication The Register reports

Updated April 17, 2013

Premium Lock National 'Big Data' consortium launches at UNC; IBM, SAS, Cisco are members

National Consortium for Data Science A national Big Data consortium is launching from the University of North Carolina at Chapel Hill's Renaissance Computing Institute with the goal of identifying problems with and finding solutions for working with large amounts of data.

Updated February 15, 2013

Premium Lock NetApp shares drop slightly then rally after earnings improvement

NetApp NetApp shares rallied slightly Thursday after reporting on Wednesday a $158 million in fiscal third quarter profit, a 31 percent increase over its earnings performance a year ago.

Updated January 25, 2013

Premium Lock SAS plans big high-performance analytics push in 2013

While the rate of revenue growth in 2012 slowed to 5.4 percent from 12 percent the previous year, SAS still stretched its 37-year streak of growth and profitability dating back to its founding with revenues of $2.87 billion. It also added hundreds of new workers.

SAS Visual Analytics renders data into images SAS Visual Analytics renders data into images

Updated January 24, 2013

Premium Lock SAS revenues hit $2.87B, a record high for 37th straight year

SAS, the global privately-held software company based in Cary, says its sales hit a record high $2.87 billion in 2012. SAS has now reported revenue growth for 37 consecutive years dating back to its founding.

Tracking SAS revenue growth Tracking SAS revenue growth

Updated January 24, 2013

Premium Lock SAS reports record $2.87B in revenue for 2012

SAS SAS, the global privately-held software company based in Cary, says its sales hit a record high $2.87 billion in 2012. The company has reported revenue growth for 37 straight years dating back to its founding.

January 16, 2013

Premium Lock SAS No. 2, NetApp No. 6 on Fortune "Best Place to Work' list

SAS SAS moves up a spot in the annual survey, and NetApp cracks the top 10 for the fifth consecutive year.

December 13, 2012

Premium Lock In the news: IBM faces inquiry in NZ; RedBox targets Netflix; NetApp stock a 'buy;' Sprint-Clearwire deal?; Dish smartphone service

Bulldog Inside the Bulldog blog: IBM faces a formal government inquiry into a New Zealand contract; RedBox takes aim at Netflix with streaming service; TheStreet.com sees NetApp stock as a buy, says company could be acquired; Sprint may be taking over Clearwire; The FCC approves Dish's bid to offer wireless smartphone service.

Updated November 30, 2012

Premium Lock SAS acquires 'cloud' technology from rPath, hires 19 employees

SAS has acquired some technology and has hired a group of employees associated with that technology from Raleigh-based rPath, which is in the process of shutting down. The employees will form a new technology group at SAS.

SAS SAS

Updated November 14, 2012

Premium Lock SAS tops best place to work in world list; Quintiles 23rd

SAS is No. 1 on the second annual global best places to work list and Quintiles is No. 23 as selected by the Great Place to Work institute. The World's Best Multinational Workplaces list of 25 companies also includes NetApp, Cisco and Novo Nordisk, which have large operations in the Research Triangle area.

SAS SAS

Updated October 9, 2012

Premium Lock In the news: Red Hat, NetApp, GSK, Cempra, GSK researcher, SAS

Bulldog Inside the Bulldog Blog: Hatter stock a 'buy;' NetApp shares rate a 'neutral;' GSK drops antibiotic; GSK exec wins U.K. honor; SAS boosts eBay company; Cempra reports drug progress.

Updated August 24, 2012

Premium Lock  Lenovo vs. iPhone; NetApp jobs; Cisco future; EMC vs. Cisco

Bulldog Inside the Bulldog Blog: Lenovo gains in China smartphone market; NetAdd adds jobs; John Chambers ponders Cisco future; EMC and Cisco becoming rivals.

August 16, 2012

Premium Lock NetApp earnings reflect intensifying battle with EMC

Analysis: NetApp is under growing pressure from EMC as the firms, which both have growing presence in the Research Triangle,, battle for data storage clients.

NetApp touts innovation on its website NetApp touts innovation on its website

Tags: EMC, NetApp
August 15, 2012

Premium Lock NetApp profits top analysts' expectations

NetApp The storage device maker reports revenue slightly under expectations and profits that beat estimates by 4 cents per share. The news sends NetApp shares up in after-hours trading.

Tags: NetApp
Updated July 6, 2012

Premium Lock RTP area tech stocks hit hard by economic news

Bears are growling Red Hat, IBM, NetApp, Cree, EMC, Citrix shares take hits after latest unemployment news and warnings emerge about European economies. Cisco shares fall the least.

June 4, 2012

Premium Lock NetApp's plunging value makes it a takeover target

"NetApp is very cash rich and has a phenomenal balance sheet," one analyst tells Bloomberg. "2011 was a tough year for NetApp. It's a wounded bird, so people can get it on the cheap."

NetApp's RTP campus  NetApp's RTP campus

March 6, 2012

Premium Lock IBM tops $200; EMC gains, NetApp loses market share; Facebook Messenger; Epic's license deal; Yahoo cuts

Bulldog The Bulldog blog: IBM shares topped $20 on Monday; NetApp is losing and EMC is gaining storage market share; Facebook's Messenger is official; site license deal for Epic; Yahoo expected to make big job cuts.

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