Recently declared, California based
) 12Gb/s SAS technique has been adopted by Xyratex for its
next-generation12Gb/s storage portals. Xyratex selected LSI Corp.
given its highly developed technology coupled with flexible,
scalable and integrated platforms, specially designed to meet the
mounting demand of its clients.
This association will help Xyratex to deploy the company's I/O
controller and expander platform, powered by DataBolt bandwidth
technology to enhance Xyratex's data storage performance.
Furthermore, LSI Corp.'s 12Gb/s SAS technique along with its PCI
Express 3.0 portals will provide a user-friendly and adaptable
platform to Xyratex's cloud-based clientele.
There seems to be a growing need for high storage in the world
today as the number of data-based applications is increasing at a
rapid pace. At this juncture, LSI Corp.'s latest technology would
surely provide an effective data storage solution to Xyratex.
LSI Corp. has been taking various strategic steps to improve its
business model and transform itself into a storage and networking
company over the past two years. The company's continuing adoption
of newer storage protocols such as SAS and ramp in new entry-level
storage systems may steadily improve its position in the hard drive
Even though LSI Corp. globally established itself, it should be
aware of the tough competition prevalent in the industry.
Ominous rivals of the company include
Mellanox Technologies, Ltd.
) who are exhibiting striking results.
The current Zacks Consensus Estimates for LSI Corp. are 13
cents and 58 cents for the second quarter of 2012 and for 2012,
respectively. The estimates represent year-over-year growth of
82.14% for 2012 and 52.63% for 2013. As the current macro-economic
conditions continue to be challenging; the company currently
retains a Zacks #3 Rank, which translates into a short-term 'Hold'
rating. However, we presently maintain our 'Neutral' recommendation
on the stock.
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