Tech

LogMeIn Has a Succesful IPO, Let's Get More of These

07/01/2009
Research Reloaded: 

Looks like LogMeIn IPO has priced well and these days every US IPO we can get coming out of the economy is great news. US economy... keep 'em coming.

 

Update: LogMeIn is trading at $20.13 a share in its first hour of trading.

LogMeIn, a Woburn, Mass.-based company that is going public, has priced at $16 a share, according to The Wall Street Journal. LogMeIn will start trading tomorrow under the ticker “LOGM.” With 6.7 million shares on sale, LogMeIn raised a total of $107.2 million. It’s $16-a-share pricing was at the high end of the $14-$16 range, showing that there is a significant market interest in this company, as I pointed out in my previous post.

Special Situation - Apple Ups Its Stake in Battle for Imagination Tech

06/27/2009 by Research Reloaded

Apple and Intel have been increasing their stakes in London-listed Imagination Technologies (IMG.L). Why? It appears that IMG's technology is currently at the center of the hi-tech world. It's Power VR technology has been used to both power Apple's 3G iPhone and Intel's Atom processer for netbooks. Imagination seems to be nicely capturing some of the fastest growing areas of tech right now.

The battle over Imagination has been an escalating battle between Apple and Intel since December of last year when Apple took a 3.6% stake in Imagination. Back then, Intel then quickly followed suit and bought 3%, but let expanded this beachhead to a whopping 16% just earlier this week. Within days, Apple came in againe and upped their stake to 9.5% in response.

Take a look at this chart of Imagination below. Shares have recently spiked on the news, obviously, but it should be noted that Apple's latest purchase price averaged only 142.75 pence, pretty close to where the shares now trade. (142 pence as per the LSE)

Green Shoots From Taiwan Semi - Brightening Outlook, Data

06/23/2009 by Research Reloaded

As markets come down and Nouriel Roubini talks of yellow weeds over green shoots, I figured it was useful to still point out some positive news despite it being a bit passé. Taiwan Semiconductor (TSM), the top dog when it comes to independent semi-conductor foundries, has announced that it will rehire 700 workers it layed off during the economic crisis. What is amazing is that Taiwan Semi has 23,000 employees, which means that it didn't fire very many to begin with. The company's chairman said that:

although the economic crisis continues, the company's revenues are on the upturn and the second quarter will be much better than the first . . . We will not have further lay-offs

Qualcomm Smartbooks vs. Intel Netbooks

05/29/2009 by Research Reloaded

Intel-powered netbooks are hot, but it appears that the more computing goes mobile, the more mobiles go computing. Imagine a netbook running on a souped up mobile phone chip. It's called a Smartbook, powered by Qualcomm's Snapdragon chip, and clearly blurring the lines between notebook computer and smart phone.

Qualcomm isn’t going to cede the mobile computing market to Intel and its success with netbooks, the CDMA powerhouse made clear today while laying out its vision of mobile computing. The vision consists of what Qualcomm is calling a smartbook. But combining the words smartphone and netbook together may be the only new thing Qualcomm is pushing here — basically it’s launching an ARM-based netbook.

The smartbook is powered by Qualcomm’s Snapdragon chip, which is a beefed-up cell phone processor...

So it's a smart phone with a 10-inch screen and full size keyboard.

Syndicate content