Thursday Jul 10
Cavium Shares Seen With 19% Upside
We are initiating coverage of Cavium with an Outperform rating and a one-year price target of $57, or about 19% potential upside from recent levels.
Re: What a crappy exit for Tilera
Product wasn't bad, but it didn't get traction against Broadcom or Cavium . Some of that might have been that their mesh architecture meant it was substantially more difficult to use in a packet-processing context: Octeon and XLP had no issues with thread/core placement; for TileGX getting decent latency was hamstrung by the I/O sub-system to ... (more)
The Motley Fool
Is Cavium Inc. a Compelling Buy?
The problem with looking only at the trailing 12-month price-to-earnings ratio is that high-growth technology companies tend to invest pretty heavily ahead of new opportunities, often masking the earnings power of the businesses that currently generate revenue.
EZchip Buys Tilera
In hopes of riding the growing build-out demands for a broad range of networks and datacenters, EZchip Semiconductor, an Israel-based network processor company, announced Tuesday, July 1, that it will acquire Tilera Corporation, a privately held US chip company that specializes in multicore processors.
CAVIUM, INC. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders
The following named nominee was elected, with the vote thereon at the Annual Meeting as follows: Final Voting Results Nominee For Withheld Broker Non-Vote CN Reddy 44,652,008 2,630,079 2,493,197 .