TopStockPlays.com carries an inclusive analysis of CSCO, ARUN, SMCI, SILC
Pompano Beach, FL -- (SBWIRE) -- 01/24/2013 -- Cisco Systems, Inc. (NASDAQ:CSCO) this morning stated that it plans to acquire Intucell, a Ra’anana, Israel-based source of self-optimizing network software, for $475 million in cash and retention-centered inducements.
Cisco stated that Intucell’s software allows mobile carriers to plan, configure, manage, optimize and heal cellular networks robotically, in accordance with real-time changing network demands.
Is CSCO a Solid Investment at These Levels? Read This Report For Details
The transaction is likely to settle in Cisco’s fiscal Q3 closing in April, subject to the normal closing conditions and authorizations.
Intucell had generated $6 million in venture capital from Bessemer Venture Partners, the firm’s solitary outside holder.
At the current trading session, Cisco Systems, Inc. (NASDAQ:CSCO) shares gained +2.08% to $21.05 while The Stock traded within the range of $20.82 – $21.10. In the past year, the stock has traded within a range of $14.96 – $21.30. The current session’s volume of 14.17 million shares is down from the average daily trading volume of 38.30 million shares.
Will CSCO Continue To Move Higher? Find Out Here
While If we look at the few other stocks within industry, Aruba Networks, Inc., Super Micro Computer, Inc. and Silicom Ltd are remain in gainers list. Let’s have a quick look on their Market performance.
Aruba Networks, Inc. (NASDAQ:ARUN) shares are up +4.94% to $22.95 while the stock is traded within the range of $21.70 – $23.01 in the current trading session. In the last 12 months the shares have traded between $12.36 and $25.00. The current session’s volume of 761,538 shares is lower than their average daily trading volume of 2.01 million shares.
For How Long ARUN will Fight for Profitability? Read This Trend Analysis report
Super Micro Computer, Inc. (NASDAQ:SMCI) shares in the current session moved up +4.33% reaching at $13.02. The stock traded in a range of $12.43 – $18.87. In the last year the stock has moved within a range of $7.85 – $18.87. The current session’s volume of 179,411 shares is higher from their average daily trading volume of 213,775 shares.
What was the Moving Force behind SMCI On Bullish Run? Read This Research Report
Another rival company Silicom Ltd. (NASDAQ:SILC) trading up +4.63% to $25.31. Intraday trading recorded the stock price in a range of $23.46 to $24.49. In the previous 52 weeks the stock’s price ranged between $13.11 and $24.49. The current session’s volume of 59,998 shares was higher from their average daily trading volume of 26,191 shares.
For How Long SILC will Fight for Profitability? Read This Trend Analysis report
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