Mellanox Technologies Ltd. sank the most since January in New York as Mizuho Securities USA Inc. and Needham & Co. downgraded the stock after the Israeli company forecast revenue that was below analysts’ estimates.
CommVault Systems Inc.’s sales growth from data-management software could be enough to spur companies such as International Business Machines Corp. to pursue what would be the industry’s most expensive deal in a decade.
Fusion-io Inc., the maker of flash- memory technology that counts Facebook Inc. as its biggest customer and Steve Wozniak as chief scientist, is also offering potential buyers three times the average growth of its rivals.
KKR & Co. may drop out of a group of investors in talks to buy Seagate Technology Plc , the world’s largest maker of disk drives, according to two people with knowledge of the matter. Seagate shares dropped 8.4 percent.
Elliott Management Corp., the investor that pushed Novell Inc. to sell itself last year, amassed an 8.5 percent stake in Brocade Communications Systems Inc., gaining an opening it could use to agitate for change.
VMware Inc., the biggest maker of programs that let computers run multiple operating systems, forecast sales that topped analysts’ estimates as customers spent more on products that help data centers run more cheaply.