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Western Digital Corp (WDC), STEC, Inc. (STEC): Three Reasons You Should Love This Deal
2013-06-25 22:20:32| Semiconductors - Topix.net
Western Digital Corp announced a deal to acquire the solid-state drive company STEC, Inc. on Monday for slightly more than $310 million.
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STEC Price Target Cut to $4.00
2013-05-10 11:15:53| Semiconductors - Topix.net
The firm currently has a "hold" rating on the stock. Shares of STEC traded down 7.55% during mid-day trading on Thursday, hitting $3.55. STEC has a 52 week low of $3.32 and a 52 week high of $8.60. The stock's 50-day moving average is currently $4.45. The company's market cap is $166.2 million.
STEC bumps up enterprise SSDs to 2TB
2013-01-28 20:18:20| InfoWorld: Top News
Flash storage vendor STEC is super-sizing the kind of flash storage used in smartphones and portable music players, coming out on Monday with 2TB SSDs in configurations for enterprise equipment vendors. The SSDs (solid-state drives) being announced Monday can match many spinning hard disks for capacity, while their flash technology excels at speed and efficiency. Manufacturers will be able to build the drives into storage arrays or put them right into servers, depending on which type of interface they choose.
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STEC reveals 2TB SSDs
2013-01-28 19:34:16| Semiconductors - Topix.net
STEC announced two 2TB solid state disks; the s840 SAS SSD and the S1120 PCIe Accelerator SSD.
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