Stocks Buzz: Xerox Corporation, Cisco Systems, EMC Corporation


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NYSE:XRX / NASDAQ:CSCO
03/07/2013 [ACCESSWIRE]

NEW YORK, March 07, 2013 - vb-news.net, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Xerox Corporation, Cisco Systems, EMC Corporation.

Recently, Xerox Corporation (NYSE:XRX) has acquired Impika, a company that designs makes and sells inkjet printing equipment for industrial and commercial uses, the company said earlier this week.

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The purpose of the acquisition is to broaden the company's inkjet portfolio. 

“Our goal is to enable our customers and position ourselves if a customer wants to do business with Xerox," said Jeff Jacobson, president of Xerox’s graphic communications operations, in a conference call with reporters.

With the production inkjet market growing at an annual rate of 20 percent, this acquisition will allow the company to take leadership position in the segment, Jacobson said.

Cisco Systems, Inc.(NASDAQ:CSCO) launches Cisco Education Enabled Development solution in India:

The Cisco Education Enabled Development solution has been launched in India, by the network infrastructure company.  

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This is a collaborative video interaction solution based on the cloud which will allow efficient delivery of skills and educational development courses in the country, helping comprehensive growth and empowering rural India. This solution will help in connecting the unconnected and will allow large rural communities to access master trainers and proficient teachers, the company said.

Such kind of training is almost impossible in areas outside urban institutes, it added. 

EMC Corporation(NYSE:EMC) to digitize Vatican Library: 

The Vatican is getting help, digitizing its Apostolic Library, from EMC, it said in a statement on Thursday. 

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The Library consists of a catalogue of 80,000 historic manuscripts and 8,900 incunabula.  

The project will completely digitize the library,  resulting in 40 million pages preserved in digital reproductions.
The first phase of the nine-year project will provision 2.8 petabytes of storage, utilizing a range of industry-leading solutions from EMC.

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