Acquisitions, Restructuring Efforts, and Increased Customer Base Boost Growth - Research Report on ExactTarget, QLogic, Oi,

Acquisitions, Restructuring Efforts, and Increased Customer Base Boost Growth
    - Research Report on ExactTarget, QLogic, Oi, Ambarella, and Responsys

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, June 7, 2013

NEW YORK, June 7, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting
ExactTarget Inc. (NYSE: ET), QLogic Corporation (NASDAQ: QLGC), Oi SA (NYSE:
OIBR), Ambarella Inc. (NASDAQ: AMBA), and Responsys Inc. (NASDAQ: MKTG).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

ExactTarget Inc. Research Report

On June 4, 2013, Salesforce.com (salesforce.com) and ExactTarget Inc.
(ExactTarget) announced that they have entered into a definitive agreement
under which salesforce.com will acquire ExactTarget in a transaction valued at
approximately $2.5 billion. Under the terms of the transaction, salesforce.com
will commence a tender offer to acquire all the outstanding shares of
ExactTarget for $33.75 per share in cash, subject to customary closing
conditions, including the receipt of a majority of ExactTarget shares in the
tender offer and expiration of the applicable waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act. The transaction was unanimously
approved by the Board of Directors of both companies and is expected to close
late in salesforce.com's fiscal second quarter, ending July 31, 2013. The Full
Research Report on ExactTarget Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.wsreports.com/r/full_research_report/3d1e_ET]

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QLogic Corporation Research Report

On June 4, 2013, QLogic Corporation (QLogic) announced that it is implementing
a restructuring plan designed to streamline business operations with the goal
of driving long-term profitable growth. The restructuring plan includes a
workforce reduction, the consolidation of several engineering activities, and
enhanced product development focus. QLogic expects these restructuring actions
to be substantially completed within the next 12 months. Once implemented,
these restructuring actions are expected to achieve annualized cash savings of
approximately $20 million, primarily in operating expenses. QLogic plans to
reinvest these savings in the development of new products and programs. The
Company also expects to incur pre-tax GAAP charges between $20 million and $23
million in connection with these restructuring actions, the majority of which
will be recorded during the first half of FY 2014. The Full Research Report on
QLogic Corporation - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/81ad_QLGC]

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Oi SA Research Report

On June 4, 2013, Oi SA (Oi) announced that its Board of Directors, following
the recommendation of Telemar Participações S.A., approved the replacement of
its current CEO, Mr. José Mauro Mettrau Carneiro da Cunha, by Mr. Zeinal
Abedin Mahomed Bava, to serve his current term ending on the first meeting of
the Board of Directors to be held after the 2014 Ordinary General
Shareholder's Meeting. The Company reported that Mr. da Cunha returns to the
Board of Directors as the Chairman of Oi, after stepping down from the
position he had held earlier on January 22, 2013. Prior to this, Mr. Bava had
presided over the Executive Committee of Portugal Telecom, SGPS, S.A.
(Portugal Telecom), where he contributed to the formation of the Industrial
Alliance currently in place between Oi Group and Portugal Telecom. The Full
Research Report on Oi SA - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/7641_OIBR]

--

Ambarella Inc. Research Report

On June 4, 2013, Ambarella Inc. (Ambarella) announced its financial results
for Q1 FY 2014 (period ended April 30, 2013). Revenue increased 30.9% YoY to
$33.9 million. GAAP net income was $4.7 million or $0.16 per diluted ordinary
share, compared with GAAP net income of $2.6 million or $0.07 per diluted
ordinary share in Q1 FY 2013. Commenting on the results, Fermi Wang, President
and Chief Executive Officer of Ambarella, said, "We are very pleased with our
progress in the first fiscal quarter, with total revenue up 31% over the first
quarter of last year and with the successful addition of new customers in key
markets. During the quarter, we made excellent progress in the IP security
camera market with new design wins at both professional and consumer IP-camera
customers. We also saw especially strong revenue growth in the wearable sports
camera category, led by market leader GoPro. In the automotive camera
after-market, we continued to grow revenue while successfully expanding our
customer base." The Full Research Report on Ambarella Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.wsreports.com/r/full_research_report/7964_AMBA]

--

Responsys Inc. Research Report

On June 3, 2013, Responsys Inc. (Responsys) announced that it has been
recognized as a "Visionary" in Gartner, Inc.'s May 2013 "Magic Quadrant for
CRM Multichannel Campaign Management" (MCCM) report. Gartner describes
"Visionaries" as companies that provide a strong vision for the campaign
management market, or excel in advanced or emerging areas such as digital
marketing. According to the Company, being named a Visionary validates its
proven track record in the market, and that the Responsys Interact Marketing
Cloud has become one of the leading solutions for companies looking to more
effectively manage their digital relationships and interactions across email,
mobile, social, display, and the web. The Full Research Report on Responsys
Inc. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/3aab_MKTG]

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