) recently announced to have sealed a deal with automatic test
) for an undisclosed sum. Per the deal terms, Teradyne will
deploy a host of networking solutions from H-P to enhance its
information technology ('IT') infrastructure.
DELL INC (DELL): Free Stock Analysis Report
HEWLETT PACKARD (HPQ): Free Stock Analysis
PROCTER & GAMBL (PG): Free Stock Analysis
TERADYNE INC (TER): Free Stock Analysis
To read this article on Zacks.com click here.
Massachusetts-based Teradyne is a leading provider of automated
test equipment for semiconductor testing, systems testing and
wireless testing. The production process of test equipments is
complex and involves software applications of gigantic sizes.
Those applications need efficient networking architecture for
downloading and smooth running on the systems.
Lately, Teradyne was facing problems with its existing networking
system and disruptions in running applications were hampering the
production process. H-P, with its rich industry exposure, was
found suitable for providing the required networking support.
Teradyne deployed H-P's FlexNetwork Architecture, which is a key
component of H-P Converged Infrastructure, and includes HP 10500
Switch Series, HP 5500 Switch Series and HP 5120 Switch Series to
manage the network traffic.
With FlexNetwork, Teradyne has been able to reduce networking
downtime by roughly 14 hours and minimized cost of network
ownership by 35.0% to better integrate its server and storage
systems. Teradyne also opted for HP Intelligent Management
Center, HP Integrity BL860c i2 server blades and HP Care Pack
H-P's Converged Infrastructure portfolio brings together servers,
storage and networking products to manage data centers from a
common platform. The Converged platform has been designed to make
data center handling simpler, more flexible, efficient and cost
Earlier, ace retailer
Procter & Gamble Co.
) opted for H-P Converged suites to achieve constant and
uninterrupted IT services.
In today's technology-driven world, the enterprise storage space
is one of the most enviable growth areas and we believe that H-P
is doing very well in this category.
Though further indication of PC market slump in 2013, declining
revenues and competition from
) are concerns, back-to-back product launches and growing
exposure into enterprise storage space are encouraging.
Currently, H-P has a Zacks Rank #2 (Buy).