SOURCE: The Bedford Report

The Bedford Report

November 16, 2010 11:24 ET

Data Storage Industry Is a Hotbed of M&A Speculation

The Bedford Report provides Analyst Research on Brocade & Seagate Technology

NEW YORK, NY--(Marketwire - November 16, 2010) -  In recent months the Data Storage Devices Industry has become a hotbed of Merger and Acquisition activity. As companies get larger and experience diminishing returns in their core business, they are showing their willingness to utilize their large resource pools to acquire smaller companies in a race to diversify themselves. Given the limited opportunities for meaningful acquisitions, the companies in stronger financial positions, and the willingness to act, stand to gain the most from such activities. The Bedford Report examines the outlook for companies in the Data Storage Devices Industry and provides research reports on Brocade Communications Systems, inc. (NASDAQ: BRCD) and Seagate Technology (NASDAQ: STX). Access to the full company reports can be found at:

Tech stocks kicked off the week nicely after EMC said it would buy the data-storage-technology company, Isilon Systems, in a deal worth $2.25 billion. The deal was unanimously approved by the boards of directors of both companies and is expected to close late this year.Data Storage companies have been some of the more popular targets in the latest String of M&A activity in the tech sector. Data Storage companies play an important role in cloud computing, which has become an increasingly popular trend this year.

The Bedford Report releases regular market updates on the Data Storage Devices Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at and get exclusive access to our numerous analyst reports and industry newsletters.

Following the EMC/Isilon deal, speculation of further consolation in the data storage industry has heated up. Brocade has long been considered a takeover target. In September shares of the company skyrocketed due to reports from Barron's that IBM was considering acquiring the networking gear maker.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

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