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
Artefacto's Milan-Inspired Warm Metals Furniture Collection Brings Hollywood Glamour & Curves
Fluid Sculptural Staircase Makes This Exotic Mumbai Flat a Must-See
Award-Winning Designer Campion Platt Discusses Just What Makes a Home Luxury
Finnair Unveils Their Flagship Next-Generation Airbus A350 XWB Aircraft
Inside Look: Patrón Secret Dining Society Hosts Yet Another Ultra-Exclusive Event
Gooding & Company Realizes Over $106M & Sets 16 New Records at Pebble Beach Concours d'Elegance Auction
Airstream Announces New 24-Foot Mercedes Touring Coach Just in Time for Your Next Road Adventure
Limited Edition Radius Ti Titanium iPhone Case Perfect for Patrick Stewart
Party With Tennis Pros at First-Ever Pre-US Open Taste of Tennis Week in NYC
Ixion Jet Concept Forgoes Windows for Floor-to-Ceiling Digital Screens
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE