VMware Ramps Up Mobile Virtualization and 4 Chip and Big Data Stocks on the Move
QUALCOMM Incorporated (NASDAQ:QCOM): Qualcomm Technologies Inc’s (QTI) subsidiary, Qualcomm Life Inc, stated on Monday that its wireless healthcare services now will be offered in Europe. Qualcomm Life’s 2net Platform is designed as a secure end-to-end, technology-agnostic, providing medical device manufacturers and service providers with the ability to wirelessly connect their medical devices via a secure, cloud-based service offering interconnecting health devices so that biometric information is easily accessed by device users along with their healthcare providers and caregivers.
ARM Holdings plc (NASDAQ:ARMH): The majority of America’s new chip leaders, such as Qualcomm and Nvidia, aren’t very exciting. Intel’s most dangerous competitor is ARM Holding, which licenses chip designs to others, for instance,the A5 chip in the iPhone.
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SanDisk Corp. (NASDAQ:SNDK) posted fantastic results for Q3 as both its bottom and top lines exceeded the Zacks Consensus Estimates. Although the results were lower than they’ve been in previous years, the sequential comps surpassed expectations. Revenues from OEMs and Retail have seen the first signs of recovery.
Western Digital Corp. (NYSE:WDC) shares were reduced by 1.81 percent.
VMware, Inc. (NYSE:VMW), the global leader in the desktop and server virtualization space, has begun to ramp up its mobile virtualization business. Recently, it added Motorola to its list of mobile makers who partnered with the company to provide its bring your own device (BYOD) software, named Horizon Mobile. Motorola has now joined Samsung and LG, and these handset makers will ship devices that are enabled with Horizon Mobile, allowing customers to access work-related data via a virtual mobile desktop as it maintains security. Additionally, VMware announced that versions of its software, which are able to be deployed on iOS, will introduce software for Windows and RIMM’s Blackberry handsets depending on the demand. Mobile virtualization is expected to become more and more important for VMware in the near future, and it will likely drive revenues in the future.
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