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Technology Partnerships and Acquisitions - Research Report on Red Hat, Responsys, Dealertrack, Ambarella, and TowerJazz



    Technology Partnerships and Acquisitions - Research Report on Red Hat,
               Responsys, Dealertrack, Ambarella, and TowerJazz

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

PR Newswire

NEW YORK, December 25, 2013

NEW YORK, December 25, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Red Hat,
Inc. (NYSE: RHT), Responsys, Inc. (NASDAQ: MKTG), Dealertrack Technologies,
Inc. (NASDAQ: TRAK), Ambarella, Inc. (NASDAQ: AMBA), and Tower Semiconductor
Ltd. (NASDAQ: TSEM). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Red Hat, Inc. Research Report

On December 12, 2013, Red Hat, Inc. (Red Hat) announced its partnership with
Dell to jointly engineer enterprise-grade, private cloud solutions based on
OpenStack to help customers move to and deploy highly-scalable cloud computing
models. According to Red Hat, Dell will become the first company to OEM Red
Hat Enterprise Linux OpenStack Platform. Red Hat reported that the
co-engineered solution will be built on Dell infrastructure and Red Hat
Enterprise Linux OpenStack Platform. Paul Cormier, President, Products and
Technologies at Red Hat, stated, "Our collaboration with Dell keeps getting
better and today's announcement to co-engineer OpenStack solutions marks a
significant milestone for both companies and customers. Just as we
successfully collaborated with Dell to establish Red Hat Enterprise Linux as
an enterprise industry standard, we're now extending our collaboration to help
establish Red Hat Enterprise Linux OpenStack Platform as the standard for open
private cloud in the enterprise. Dell and Red Hat are committed to jointly
developing and delivering enterprise-grade OpenStack offerings to help
customers pursue private cloud today, and advanced computing models in the
future." Red Hat reported that the said alliance also complements Dell's cloud
strategy of offering customers open, flexible and scalable technology to
build, use and control cloud infrastructures. The Full Research Report on Red
Hat, Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/4f04_RHT

--

Responsys, Inc. Research Report

On December 20, 2013, Responsys, Inc. (Responsys) announced that it has
entered into an agreement to be acquired by Oracle for $27.00 per share in
cash or approximately $1.5 billion, net of Responsys' cash. Mark Hurd,
President, Oracle, said, "Recognizing the unique needs of the CMO in B2B and
B2C industries, the Oracle Marketing Cloud is now the only platform to unite
enterprise-class leaders in these historically distinct marketing-automation
fields." Hurd continued, "Our strategy of combining the leaders across
complementary technologies signifies Oracle's overwhelming commitment to
winning and serving the CMO better than any other software company in the
world." Responsys reported that it expects the transaction to close during H1
2014, subject to the Company's stockholders tendering a majority of Responsys'
outstanding shares and vested equity incentive awards in the tender offer,
certain regulatory approvals and other customary closing conditions. 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.AnalystsCorner.com/r/full_research_report/3dac_MKTG

--

Dealertrack Technologies, Inc. Research Report

On December 19, 2013, Dealertrack Technologies, Inc. (Dealertrack) announced
that it has entered into a definitive agreement to acquire Dealer.com for
approximately 8.7 million shares of Dealertrack's common stock and $620
million in cash, subject to customary post-closing adjustments. According to
Dealertrack, it expects to finance the cash portion of the purchase price
through cash on hand and with fully-committed debt financing. Dealertrack
reported that it expects to close the transaction during Q1 2014, subject to
regulatory approval. The Company expects the transaction to be accretive to
its standalone multi-year organic growth profile to Dealertrack's diluted
adjusted net income per share. The Full Research Report on Dealertrack
Technologies, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/697e_TRAK

--

Ambarella, Inc. Research Report

On December 20, 2013, Ambarella, Inc. (Ambarella) announced that it is
exploring with Google a new class of wearable cameras for the Helpouts
application and service. Ambarella reported that the two Companies will
jointly demonstrate the wearable camera reference design during the Consumer
Electronics Show in Las Vegas, to be held from January 7 to January 10, 2014.
Fermi Wang, CEO of Ambarella, commented, "We are delighted to be working with
Google and look forward to enabling Helpouts on our new wearable camera
platform." Wang added, "The result will be a new class of camera that enables
teachers and trainees to interact in an entirely new way." 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.AnalystsCorner.com/r/full_research_report/7862_AMBA

--

Tower Semiconductor Ltd. Research Report

On December 20, 2013, Tower Semiconductor Ltd. (TowerJazz), along with
Panasonic Corporation (Panasonic), announced the signing of a definitive
agreement to create a joint venture (JV) to manufacture Panasonic's products,
using Panasonic's three semiconductor manufacturing facilities in Japan, as
well as possible expansion of the current operations in the said facilities,
leveraging TowerJazz's customers and businesses to capture out-of-group sales.
TowerJazz reported that the Companies will develop the JV to be a global
leading specialty foundry, combining TowerJazz's world class design enablement
platform and marketing advantages together with Panasonic's well advanced
technology and outstanding quality management capabilities. The Full Research
Report on Tower Semiconductor Ltd. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at:

http://www.AnalystsCorner.com/r/full_research_report/b22e_TSEM

----

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SOURCE Analysts' Corner

Contact: Joe Thomas CONTACT PHONE: +1-310-496-8071 (North America)
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