HP(NYSE:HPQ) has announced that IDC has named it a leader in the "MarketScape: Worldwide Mobile Application Development, Testing, Management and Infrastructure (mADTMI) Services 2014 Vendor Assessment for its Mobile Applications Services". 

Following an evaluation of 14 companies against 117 criteria, HP was recognized in the leader category in part for its capabilities in research and development (R&D), financial management and functionality delivered.  The report states, "HP's capabilities and forward-looking strategy positioned the service provider as a leader in the mADTMI services IDC MarketScape."

"Our goal is to enable customers on their journey to becoming a mobile enterprise centred on their users - offering mobile devices, infrastructure, networks, apps and service. At HP, mobility is a top priority, and our entrance as a leader into IDC's MarketScape report is further confirmation that HP's mobile applications services are highly innovative," said Marshal Correia, Vice-President & General Manager, Enterprise Services, HP India.

The latest announcement highlights HP’s commitment to meet customers' demands, expectations and goals for mobile applications services. Through these services, HP delivers a full suite of mobile applications services to help the customer envision, plan, architect, design, build, integrate.......See More

Seagate Technology(NASDAQ:STX) and Avago Technologies have announced that they have entered into a definitive asset purchase agreement, under which Seagate will acquire the assets of LSI's Accelerated Solutions Division ("ASD")and Flash Components Division ("FCD") from Avago for $450 million in cash.

The acquisition strengthens Seagate’s strategy to deliver a full suite of storage solutions, providing Seagate with established Enterprise PCIe flash and SSD controller capabilities to deliver solutions for the growing flash storage market. LSI’s ASD business, which is the second- largest player in the PCIe flash space, offers a highly differentiated enterprise-grade PCIe flash solution focussed on the high-growth cloud and hyperscale markets. LSI’s FCD business, led by its SandForce SF2000 and SF3700 controller products, is driving a multi-product roadmap to address volume markets.

"Seagate is committed to providing our customers with a complete range of storage solutions, and this acquisition will significantly enhance our flash storage offerings to supplement our existing portfolio. LSI's ASD business has the broadest PCIe flash product offering and intellectual property in the market today and the FCD business has best-in-class SSD controllers with proven support for a wide range of applications. This acquisition immediately boosts Seagate’s range and depth of flash storage capabilities today, and these teams bring to Seagate the expertise to accelerate our roadmap in this important and growing market," said Steve Luczo, Seagate's Chairman & CEO.

The transaction is expected to close in the third quarter of calendar year 2014......See More

From the release announcement:

From the release announcement: