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Cisco To Aquire Luxtera for $660 Million

Daniel Chase




For quite some time, the challenge for data engineers and scientists in the field was to design technology that would allow for more data to be stored by companies, and subsequently consumers. I remember when a 256mb flash drive, about one-fourth of a gigabyte, cost $40 at every office supply store, but this would soon change. Nowadays, the amount of data stored on global networks and $40 flash drives is increasing at an aggressive rate. In terms of storage, we’re way past the point of storing data gigabyte by gigabyte, we’ve ascended to needing to support petabytes (1000^5 bytes) and exabytes (1000^6 bytes). With all this data flying around, the question is no longer can we store the information, but rather can our network equipment transmit the data we use over distances, and who can engineer devices that expedite this process? 

If I’ve already lost you amid the sea of tech jargon, bare with me. When you send an email containing a file (photo, excel spreadsheet, document), it usually takes longer the more data you try to send off, because the computer is compressing all that data into a format that will fit on the email. Presently, network equipment manufacturers are trying to increase data transmission speeds to get your email, chock full of large files and data, where it needs to go in as seamless a process as possible. This need for faster data transmission via network solutions has grown into a sub-sect of the tech industry that investors in the space have shifted their much of their attention towards, leading companies in the space to look into acquisitions to make themselves more competitive in the market. 

Already a leader in the networking equipment department of the tech sector, Cisco (CSCO), over the last several months, has explored several options for finding a solution for the world’s growing data networking issues, ultimately deciding that an acquisition would be the best course of action. On Tuesday, Cisco (CSCO) announced its intent to acquire Luxtera, Inc for $660 million in an all-cash deal.  

“Our customers are looking to address the unrelenting demand for more bandwidth driven by an emerging class of distributed cloud, mobility, and IoT applications. That’s why today we announced our intent to acquire Luxtera, Inc., a privately held semiconductor company that uses silicon photonics technology to build integrated optics capabilities for web-scale and enterprise data centers, service provider market segments, and other customers. Luxtera’s technology, design, and manufacturing innovation significantly improves performance and scale while lowering costs.” 

Rob Salvagno, Vice President for Corporate Business Development, Cisco 

Simply put, photonics use light to move large chunks of information (data) at faster speeds over further distances through the use of fiber optic cables. Even more simply put, Cisco (CSCO) acquired Luxtera because their photonics technology will help Cisco (CSCO) and its customers efficiently transmit large amounts of data. Typically other equipment is needed to turn light (photons) from fiber optics cables into the electronic signals needed to run computers, but Luxtera told several media sources that designing and manufacturing a high volume of chips that can accomplish this task will be fairly simple. 

Cisco (CSCO) has been struggling recently to stay relevant in the tech sector as the industrywide trend towards open-source software and technologies have become the new normal. As one of the leading manufacturers of physical hardware for networking, Cisco’s (CSCO) investment into Luxtera will hopefully give the company a competitive edge in a market which is hot for sleek, efficient, and cheap data transmission solutions. 

“While much of the recent focus has been on our software transition, it goes without saying that world-class hardware, it goes without saying  that world-class hardware, coupled with our investment in silicon and optics, is at the hear of our Intent-Based Networking strategy…”

Rob Salvagno, Vice President for Corporate Business Development, Cisco 

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Blackberry Stock Price Corrects 23% In A Month, A Value Buy?

Jon Phillip



blackberry stock price

There was a time when BlackBerry Limited (BB) used to be one of the leaders of the telecommunication industry by virtue of its smartphones. However, the company’s glory days are well in the past and the stock declined by more than 15% recently after it released its results for Q1 2019. The stock is now trading less than $8 but at the same time, it is important to note that the company has managed to deliver as far as its top-line figures are concerned.

Poor Earnings Lower Blackberry Stock Price

The software and services division is now the company’s most important division. It has emerged as the biggest revenue generator for the Canadian company. Overall sales for Blackberry rose 16% year over year in the latest reported quarter.

Special Report | On-Demand Tech Companies Hit Billion-Dollar Valuations; Here’s How Investors Can Capitalize In The Market

However, in the software and services, it was a far more pleasing picture. Its GAAP revenues rose 27% year over year. The company seems to be on the right track in terms of its plan to turn around. But the market doesn’t seem to take a fancy to it. The reasons behind this might have something to do with allegations made by certain parties.

They say that the company uses non-GAAP methods to report earnings. If there is any kind of accounting cloud over a company, growth may be far away.

Where Does This Leave Blackberry Stock Price?

However, Blackberry has been quick to defend itself against these allegations. Financial disclosures of the company are fully SEC compliant. It remains to be seen whether the SEC takes an interest in the matter.

This problem has been the biggest reason behind the underperformance of Blackberry stock price. That’s despite the company’s decent performance. The acquisition of machine learning company Cyclane is also a positive development. But it remains to be seen how it affects Blackberry’s future growth.

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Uber Technologies (UBER) Stock Price Hits $45 Mark Again; Are Delivery Stocks Set To Fly?

A. Lawrence



Uber Technologies (UBER) stock price hit its IPO level of $45 again. Since its IPO, this becomes the fourth time that the company has hit its $45 mark. Each time it has been a real challenge for the company to rise above the IPO price.

Uber has made its name through its market dominance however it’s growth continues to be slow-paced and also has continuous losses, making Uber less attractive to many. However, the thing that Uber has done is bring more attention to the on-demand and delivery stock arena.

Special Delivery: Small-Cap Delivery Stocks Are Gaining Ground In Cannabis

Driven Deliveries Inc. (OTC: DRVD) is one of the only publicly traded cannabis delivery service operating in the United States. Now that’s what we call first-mover advantage. Driven Deliveries provides on-demand marijuana delivery in select cities where allowed by law. The service provides the legal cannabis consumer the ability to purchase and receive their marijuana in a fast and convenient manner.

>>Read More>> Two Massive Growth Industries, One Choice for Investors

Consumers are growing increasingly lazy with most of all purchases from retail to food shopping being done online. And now you can add weed to that list. Driven Deliveries (OTC: DRVD) is quickly gaining steam in legal US markets as the new delivery option for customers is resulting in increased revenue and transactions for dispensaries.

Food delivery apps and services such as GrubHub and Uber Eats have already expanded revenue generated in the food-service industry by 22% or more. Consumers love getting what they want without having to leave their house to get it, plain and simple.  

In Spite Of Being A Broken IPO, Still Worth An Investment

Cannabis is just one small niche expanding into the on-demand technology market. Uber has always managed to capture the headlines. This week it did that by launching itself in the sixth German city, Hamburg. The company further has plans to acquire Postmates which gives UberEats a heavy competition provided the price is right.

McDonald’s exclusivity with Uber also came to an end this year with the former getting into a contract with DoorDash. The company is set to report its financial results for Q2 on August 8. Uber had given accounts of its earlier performance through the prospectus issued during the IPO.

UBER stock price has been trading at $40 range since June. But, the figure is likely to change in the coming future for better. Uber has been able to disrupt various markets like those of food delivery, personal mobility, and freight logistics. In Q1 results, the company had reported 93 million monthly active platform consumers.

The revenue of the company has been on a slow rise especially on a net basis. The company sends a major portion of the money received to its drivers to keep them encouraged and active. This is a move that is not going away anytime soon. The deep deficits could also prove to be advantageous for the company.

Even though Uber looks like a broken IPO, it still leads in its industry. The concerns with the valuation persist still for good reasons. Uber continues to ride at a market cap which is five times the current year’s revenue. But, one would have to wait till 2025 to see a positive earning in the growing market.

Uber stock price
Disclaimer: Pursuant to an agreement between MIDAM VENTURES, LLC and a third party, Data Marketing Solutions Inc., Midam was hired for a period from 04/22/2019 – 5/22/2019 to publicly disseminate information about Driven Deliveries Inc. including on the Website and other media including Facebook and Twitter. We were paid $50,000 (CASH) for & were paid “0” shares of restricted common shares. Midam has been paid an additional $50,000 and extended its contract to 6/15/2019. Midam has been paid an additional $50,000 and extended its contract to 7/15/2019. We may buy or sell additional shares of Driven Deliveries Inc. Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.

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ROKU Stock Price Hits Another Life Time High: Good News For Tech Stocks?

Joe Samuel



roku stock price

Online media device manufacturer Roku Inc (ROKU Stock Chart) has been on a rollicking run in 2019, having risen significantly from the beginning of the year but on Tuesday this week, the stock rose again to hit its all-time high.

In 2019 alone, the stock has risen by as much as 271% as the company continued to add new customers and boosted revenues from advertising. However, could the latest surge be a signal for the next bull market in tech?

A Unique Model: Delivery Stocks Meet Technology

Technology has evolved over the years, and so have online websites and apps. Growing food delivery apps are the newest trend, expanding revenue generation in the food-service industry by 22% or more. And this new trend has created an even greater opportunity beyond food delivery alone!

One company, for example is ParcelPal (PTNYF) (PKG). It has created an on-demand marketplace where customers can shop for anything from food to clothes. There is no more waiting in line for lunch or rushing to the store after work to grab your clothes. With ParcelPal on-demand, customers simply shop from the app, choose the items they want, and pay. But with this has come mass expansion.

July 18 saw shares creep higher after the company released news of more growth in corporate footprint. The company continued its national rollout to Ontario, aiming at Canada’s financial capital, Toronto, as its initial launching point. ParcelPal is also actively looking to expand with new and existing partnerships within this region. These partnerships would add to the likes of deals already in place.

amazon stock price

ParcelPal (PTNYF) (PKG) has engaged in a work order contract with Inc. to fulfill package delivery on behalf of Amazon to residents in Metro Vancouver, British Columbia, Canada. ParcelPal (PTNYF) (PKG) has already seen exceptional growth in this division of the company since launch, growing over 115% week over week, delivering approximately 150,000 packages since mid-November.

The Company has been operating successfully in Vancouver, Calgary and Saskatoon and is now focusing its expansion plans in Ontario as part of its on-going strategy for Canada wide distribution. With new attention on tech, this could be well-timed growth for the company

Analyst’s Upgrade Roku Stock Price

One of the big triggers for ROKU stock price uptrend was the update from Crispidea. They are an equity research firm which upgraded the Roku stock price to buy from hold. It illustrated the reasons behind the change in their stance. The single most important reason is the company’s impressive revenue growth. If you take a closer look, you’d find that the company ended in 2018 with a 45% rise in annual revenues.

Additionally, Roku has also managed to grow advertising revenues. It ended 2018 with a year on year growth of 85% in its advertising revenues. In Q1 2019, the company’s revenues jumped by 51% from the year-ago period. The user base also ballooned by 40% to as many as 29 million active subscribers. More importantly, the streaming hours also skyrocketed. They hit 8.9 billion streams in Q1 2019. This reflects a rise of 74% from the year-ago period.

The other event that may have boosted Roku significantly was the Amazon (AMZN Stock Chart) Prime Day event this week. According to reports from Amazon, Roku devices and smart TVs equipped with Roku technology proved to be one of the highest-selling electronic items. The 32 inch Roku enabled TCL TV came in at number three among electronic item sales. Although it is true that the company doesn’t make a lot of money through licensed product, the platform gets to be showcased to a much larger group of people.

roku stock price
Disclaimer: MIDAM VENTURES LLC has been compensated $75,000 per month by a ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG) to publicly disseminate information about (PTNYF/PKG). Midam Ventures has been compensated $100,000 by Parcel Pal and has extended coverage to April 1, 2019. Midam Ventures has been compensated $100,000 by Parcel Pal and has extended coverage to May 1, 2019. Midam Ventures has been compensated $200,000 by Parcel Pal and has extended coverage to June 1, 2019. Midam Ventures has been compensated $200,000 by Parcel Pal and has extended coverage to July 1, 2019. We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares. Click Here For Full Disclaimer

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