Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Tokyo  >  NEC Corp    6701   JP3733000008

News SummaryMost relevantAll newsSector news 

NEC Corporation : NEC Joins the OpenStack Community

share with twitter share with LinkedIn share with facebook
share via e-mail
08/19/2011 | 04:30am CEST

*** For immediate use August 19, 2011

Tokyo, August 19, 2011 - NEC Corporation (NEC; TSE: 6701) announced today its participation in OpenStack(TM), a global community developing the open source cloud operating system and backed by more than 100 participating organizations, who are promoting the adoption and standardization of cloud computing infrastructure through open source software (OSS).

OpenStack is drawing attention throughout the world for OSS based cloud infrastructure that enables the implementation of highly reliable public and private cloud infrastructure at a low cost. The OpenStack community drives the adoption and standardization of cloud-based services through OSS and consists of more than 100 participating organizations from around the world, including its founders, the National Aeronautics and Space Administration (NASA) and Rackspace, one of the world's leading Infrastructure as a Service (IaaS) and cloud computing service companies, headquartered in the United States.

In addition to its participation in the OpenStack community, NEC also contributes to the transmission of information, the early adoption and the cultivation of talent in support of OpenStack through its membership in the Japan OpenStack User Group (JOSUG) (*).

Looking forward, NEC aims to capitalize on know-how gained from the OpenStack community in order to implement innovative new system integration. Furthermore, NEC plans to implement OpenStack developments through its "UNIVERGE PF Series (ProgrammableFlow)" of network products that support OpenFlow network control technologies.




    As part of joining the OpenStack community, NEC concluded a Contribution License Agreement (CLA) to assure the openness of OpenStack. NEC also participates in the Japan OpenStack User Group (JOSUG) as a Corporate Board Member.

    About NEC Corporation

    NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.

    NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. (C)2011 NEC Corporation.

    cellpadding = "5">

    Readers are advised that the press releases and other information posted on this site are current only on their original publication date. Please note that such press releases and other information may now be outdated or rendered inaccurate due to passage of time or subsequent material changes in facts and circumstance.

    share with twitter share with LinkedIn share with facebook
    share via e-mail
    Latest news on NEC CORP
    07/28 NEC : Patent Issued for Transmission System and Method for Constructing Backplan..
    07/28 NEC : Patent Issued for Access Control Failure Handling for HeNB Inbound Mobilit..
    07/28 NEC : Patent Issued for Agreement Breach Prediction System, Agreement Breach Pre..
    07/28 NEC : Researchers Submit Patent Application, "Call Processing Control Device, Mo..
    07/28 NEC : Patent Issued for Receiving Device and Receiving Method, and Computer Prog..
    07/28 NEC : Researchers Submit Patent Application, "Transmitter and Its Control Method..
    07/28 NEC : Patent Issued for Terminal Device and Control Method and Program Therefor ..
    07/28 NEC : Patent Issued for Communication System, Control Device, Forwarding Node, a..
    07/28 NEC : Patent Issued for Data Transfer Device (USPTO 9398094)
    07/26NEC CORP : quaterly earnings release
    More news
    Sector news : IT Services & Consulting - NEC
    07/28 Oracle to gain cloud clout with NetSuite deal; Ellison profits
    07/28DJAPPLE : In China, Apple's Rivals Flex Muscles -- WSJ
    07/25DJSalesforce Had Plans For Higher LinkedIn Bid -- WSJ
    07/23DJSalesforce Would Have Bid 'Much Higher' for LinkedIn
    07/22 S&P 500 companies start facing up to the potential Brexit costs
    More sector news : IT Services & Consulting - NEC
    News from SeekingAlpha
    04/18 What's Your Smart Grid I.Q.?
    01/06 Energy Storage - The Next Big Thing
    Financials ( JPY)
    Sales 2017 2 879 080 M
    EBIT 2017 -
    Net income 2017 62 606 M
    Debt 2017 221 913 M
    Yield 2017 2,28%
    P/E ratio 2017 11,78
    P/E ratio 2018 10,36
    EV / Sales 2017 0,33x
    EV / Sales 2018 0,31x
    Capitalization 731 930 M
    More Financials
    Chart NEC CORP
    Duration : Period :
    NEC Corp Technical Analysis Chart | 6701 | JP3733000008 | 4-Traders
    Full-screen chart
    Technical analysis trends NEC CORP
    Short TermMid-TermLong Term
    Technical analysis
    Income Statement Evolution
    More Financials
    Mean consensus OUTPERFORM
    Number of Analysts 13
    Average target price 320  JPY
    Spread / Average Target 14%
    Consensus details
    EPS Revisions
    More Estimates Revisions
    Takashi Niino President, Chief Executive Officer & Director
    Nobuhiro Endo Chairman
    Isamu Kawashima CFO, Director & Managing Executive Officer
    Katsumi Emura Chief Technology Officer & EVP
    Yasujirou Ryuuno Chief Information & Security Officer
    More about the company
    Sector and Competitors
    1st jan.Capitalization (M$)
    NEC CORP-25.65%7 064
    INFOSYS LTD-2.08%36 907
    COGNIZANT TECHNOLOGY S..-3.55%35 074
    VMWARE, INC.28.99%30 959
    More Results