Home Wealth  Money Netlist Shares Boosted By IBM, HP Deals

Netlist Shares Boosted By IBM, HP Deals

Posted: Nov. 16th, 2011  |  By Forbes

powered by Forbes

RSS Syndicated News Email a Friend Suggest an Article Share Visit Website

Computer memory subsystems designer Netlist is trading higher today, with greater than usual volume, after it said in a regulatory filing late yesterday it had inked deals with both IBM and Hewlett-Packard .

Netlist (nasdaq: NLST - news - people ) said it agreed to cooperate with IBM (nyse: IBM - news - people ) with respect to the qualification of Netlist's HyperCloud technology for use with IBM servers, and to engage in certain joint marketing efforts if qualification is achieved.

IBM and Netlist have agreed to commit resources and funds in support of these activities, although Netlist did give financial specifics of the deal. Netlist noted the deal is not exclusive.

Netlist and HP made a similar agreement, to cooperate on the qualification of HyperCloud technology for use with HP servers, and engage in joint marketing efforts is qualification is achieved. However, the HP agreement is exclusive for a period of time.

Market News Video produces and distributes online videos about stocks and investing.




Share on Facebook Share
See Next Article
Write a Story/Review about this topic

Post a Comment

 
Need to Get Away?
Top 10 Business Hotels
Who says you can’t mix business with pleasure?
Read More
More Articles from Forbes.com

advertisement
Quick Links
Autos
Boating
Real Estate
Luxury Travel
Fashion
Search Real Estate
Find Your Dream Home
Search for homes by
State, Country or Style.
Event Calendar
advertisement
Current News & Features
Warm Your Home (Or Just Make it Look Really Cool) with Eco-Friendly, Smoke-Free Cocoon Fireplaces
Is the SPIN Dial the Remote of the Future? We Hope So
LA Carlyle Residences Report Record Sales, $225M So Far
This is How You Elevate a Holiday Dinner Party With Perfect Table Etiquette
Aëdle Will Engrave Whatever You Want On Their VK-1 Headphones
McLaren Engineer Designs VanDutch Gocycle G2 Electric Bike
Forget Roasting Chestnuts, Whip Them Into a Tiramisu Instead
Sure You Drink It, But How Much Do You Really Know About Absolut Vodka?
Yoko Ono Finally Gets Official Show at MoMA, Shows Painting to Be Stepped On (Also No Flies This Time)
You Better Bribe Santa for These 10 Hipster Foodie Subscriptions
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE