Tech Stock Update: Electronic Arts Inc. (NASDAQ:ERTS), Cisco Systems Inc. (NASDAQ:CSCO), Google Inc. (NASDAQ:GOOG)
Several tech stocks could see some changes today. The following companies should see some movement: Electronic Arts Inc. (NASDAQ:ERTS), Cisco Systems Inc. (NASDAQ:CSCO), Google Inc. (NASDAQ:GOOG).
Here is a more detailed look at stories affecting the firms’ stock prices.
Electronic Arts Inc. (NASDAQ:ERTS)

Mega Brands has signed license deal with Electronic Arts Inc. (NASDAQ:ERTS).
Quebec toy maker Mega Brands Inc. has signed a multiyear contract with Electronic Arts Inc. (NASDAQ:ERTS) to develop construction toys based on EA’s “Need for Speed” car racing game. The financial terms were not disclosed yet.
The contract is believed to be an important agreement for Mega Brands, which is coming back after a recapitalization effort and is battling competitor Lego AS for licenses allowing them to make building block toys based on cartoon characters, games and popular movies.
Cisco Systems Inc. (NASDAQ:CSCO)

Cisco Systems (NASDAQ:CSCO) has decided to buy LineSider to boost cloud technologies.
The acquisition of network management software merchant LineSider by the company will help it for fast network provisioning software and for its engineering staff. Both will help in Cisco’s (NASDAQ:CSCO) hunt of the recently started cloud business. However terms of the transaction were not released.
Jesper Andersen, senior vice president of Cisco’s Network Management Technology Group, said “With the acquisition of LineSider, Cisco will gain a key component to helping customers make [the] shift” to cloud computing.
Google Inc. (NASDAQ:GOOG)

Google Inc. (NASDAQ:GOOG) has announced changes in its search result rankings.
The latest announcement from the search engine giant reveals that it has changed the way the search results are ranked, and the move is an attempt to get rid of unscrupulous merchants who are playing dabbling in black-hat systems online.
The decision may have been based on recent reports, in which an online seller got better rankings simply because his site got more complaints from the customers, which in turn helped him to earn more. Google Inc. (NASDAQ:GOOG)’s decision is sure to cause several large-scale changes to sellers’ websites.
We could possibly see more movement as the stock markets continue for Electronic Arts Inc. (NASDAQ:ERTS), Cisco Systems Inc. (NASDAQ:CSCO) and Google Inc. (NASDAQ:GOOG).


