Tech Stock Update: Cisco Systems Inc. (NASDAQ:CSCO), Hewlett-Packard Co. (NYSE:HPQ), Intel Corp. (NASDAQ:INTC)

Several tech stocks could see some changes today. The following companies should see some movement: Cisco Systems Inc. (NASDAQ:CSCO), Hewlett-Packard Co. (NYSE:HPQ), Intel Corp. (NASDAQ:INTC).

Here is a more detailed look at stories affecting the firms’ stock prices.

Cisco Systems Inc. (NASDAQ:CSCO)

Cisco Systems Inc. (NASDAQ:CSCO)

Cisco Systems (NASDAQ:CSCO) has unveiled latest version of Cisco MXE 5600 for use on “medianet”.

Cisco said in California that the Cisco MXE 5600 is one of Cisco Systems’ (NASDAQ:CSCO) flagship products designed for media transformation. The system that can analyze video content and create tags based on video and audio content, such as speaker or topic.

In addition, it provides a wide variety of media-processing services, including dynamic format conversions, so that video can be consumed on any device at anytime, regardless of format. Therefore, users can benefit from automatic social tagging and provide opportunities to search and navigate video based on content, according to the company.

Cisco also introduced a group of plug-and-play medianet-enabled products and systems.

Hewlett-Packard Co. (NYSE:HPQ)

Hewlett-Packard Co. (NYSE:HPQ)

Hewlett-Packard (NYSE:HPQ) has launched two digital signage products.

Hewlett-Packard (NYSE:HPQ) has launched one of its most awaited digital signage products, the Mp8000s and mp8000r.

Digital signage is the computer displays in lobbies and other areas visible to employees, visitors or the public, with text and multimedia content. It will make our daily life easier by being easier to update, and of course the display can run 24-7.

Bob Rosenberry, manager of Visual Solutions, Retail Store Solutions said, “We’re providing an easy way to buy, install and run digital signage for a company that isn’t prepared or able to involve themselves in a larger deployment project. This will allow wider adoption of digital signage, especially among smaller businesses.”

Intel Corp. (NASDAQ:INTC)

Intel Corp. (NASDAQ:INTC)

Intel (NASDAQ:INTC) has opened a new software development center in Romania.

The new centre will focus on conducting research and development for new software like Meego or Linux-based OS for use in devices like smart phones, TVs or in -vehicle entertainment systems.

Renee James, Intel (NASDAQ:INTC) senior vice president and general manager, Software and Services Group said, “Intel is known primarily as a microprocessor company, but has also been trying to expand its software operations. Romania has a rich university environment and software engineering talent”.

We could possibly see more movement as the stock markets continue for Cisco Systems Inc. (NASDAQ:CSCO), Hewlett-Packard Co. (NYSE:HPQ) and Intel Corp. (NASDAQ:INTC).

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