Technology Sector Announces Partnerships, Forum Attendance and Newly Appointed
Leaders- Research Report on F5 Network, Zillow, SAP, SolarWinds, and Cadence
NEW YORK, August 13, 2013
NEW YORK, August 13, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting F5
Networks, Inc. (NASDAQ: FFIV), Zillow, Inc. (NASDAQ: Z), SAP AG (NYSE: SAP),
SolarWinds, Inc. (NYSE: SWI), and Cadence Design Systems Inc. (NASDAQ: CDNS).
Today's readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.
F5 Networks, Inc. Research Report
On August 5, 2013, F5 Networks, Inc. (F5 Networks) announced that it has
issued a total of 1,994 restricted stock units (RSUs) on August 1, 2013 to 13
employees who joined F5 Networks in connection with the Company's acquisition
of LineRate Systems, a developer of software defined networking (SDN)
services. According to the Company, the acquisition was completed on February
11, 2013. F5 Networks stated that the RSUs were granted as inducements to
employment in line with NASDAQ Listing Rule 5635(c)(4). The RSUs will vest 25%
on May 1, 2014 and the remaining 75% will vest in equal quarterly installments
over the following three-year period thereafter, subject to employees'
continued service relationship with the Company. The Company also stated that
the grants will be subject to the terms and conditions of the F5 Networks,
Inc. LineRate Acquisition Equity Incentive Plan. The Full Research Report on
F5 Networks, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
Zillow, Inc. Research Report
On August 2, 2013, Zillow, Inc. (Zillow) announced the appointment of Kathleen
Philips as Chief Operating Officer of the Company. Philips, who has served as
General Counsel since joining the Company in 2010, played a vital role in the
Company's 2011 initial public offering. In addition to managing the legal
team, she has assumed increasing responsibilities to include human resources
and customer service. Zillow also informed that Philips oversees the Company's
M&A activities, and in addition to her Company-wide responsibilities, she
manages Zillow's new and growing San Francisco office, which accommodates over
65 employees. Zillow CEO Spencer Rascoff, said, "I'm thrilled to name Kathleen
Philips as Zillow's COO. Kathleen is an incredibly valuable member of our
executive team, and this title much better describes the breadth of
responsibilities she has successfully taken on over the last couple of years."
The Full Research Report on Zillow, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
SAP AG Research Report
On August 5, 2013, SAP AG (SAP) announced that SAP Cloud for Travel solution
is offering additional convenience to business travelers with new open booking
capabilities facilitated by integration with Traxo, a web based travel
management provider, as well as out-of-the-box support for 20 countries.
According to the Company, SAP Cloud for Travel offers faster and
cost-efficient management of end-to-end travel process and expenses to
financial officers and business travelers while complying with corporate
policies. SAP further claimed that the integration with Traxo enables SAP
Cloud for Travel to provide business travelers with the choice to manage
booking their way while still giving companies the visibility and control
needed to help ensure compliance. The Full Research Report on SAP AG -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
SolarWinds, Inc. Research Report
On July 29, 2013, SolarWinds, Inc. (SolarWinds) announced that its Board of
Directors has approved a share repurchase program worth up to $50 million of
the Company's common stock. President and CEO of SolarWinds, Kevin Thompson,
said, "This share repurchase reflects the confidence of our Management Team
and Board of Directors in the long term growth strategy that we have laid out
and are executing on for SolarWinds." According to the Company, share
repurchases may be made in the open market or through an accelerated share
repurchase plan at management's discretion in accordance with applicable
federal securities laws. Also, the Company expects the buybacks to take place
over the next 12 months, although the exact timing of repurchases and number
of shares to be purchased will depend on market conditions and other factors.
The Company also reported that it expects to fund the buyback program through
its cash on hand and cash generated from operations. The Full Research Report
on SolarWinds, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
Cadence Design Systems Inc. Research Report
On July 30, 2013, Cadence Design Systems Inc. (Cadence Design Systems)
announced that Geoff Ribar, Senior Vice President and Chief Financial Officer
will present at the Pacific Crest Global Technology Leadership Forum to be
held at the Sonnenalp Hotel in Vail. Ribar will also participate in a fireside
chat and question and answer session with analysts and investors. The Company
informed that Ribar's presentation will be available live via webcast at 3:30
p.m. MDT on August 13, 2013. The Full Research Report on Cadence Design
Systems Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
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