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
Need to Get Away?
Top 10 Business Hotels
Who says you canít 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
Wider Yachts Shows Off Plans for Spacious W125 at Miami Boat Show
Aston Martin Cruelly Teases Us With the Roar of Vulcan's Engines
Here's Why Everything You Thought You Knew About Thread Count is a Lie
Better Brush Up On Your Golf Skills Before Moving Into This $5.8M Hualālai Resort Home
Totally Customizable Mercedes Actually Looks Like a Private Jet Inside
The Southern Steak & Oyster Should Be On Your Dining List When Heading to Nashville
Which 10 Restaurants Get to Sit With the Forbes Five-Star Cool Kids?
Customize Your Ride With American-Made Stijl Cycles
Add Some Serious Sexiness to Your Flat With These 15 Furnishings From Fifty Shades of Grey
Prestige Private Air Offers Last-Minute Bookings and Helicopter Transfers With New Emerald Membership
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE