On Monday, Shares of Western Digital Corp (NASDAQ:WDC), SUBTRACT -3.03% and closed at $53.18 in the last trading session. WDC stock opened its last trade at $54.82 and after floating in a range of $52.43 to $55.72. The company’s Market capitalization is $15.03 Billion with the total Outstanding Shares of 284.96 Million. During the 52-week trading session the minimum price at which share price traded, registered at $34.99 and reached to max level of $82.73. Western Digital Corporation (WDC) recently declared that two of its most compelling data center devices are now certified for use with VMware® environments1, counting the high-capacity yet cost-effective SanDisk-branded CloudSpeed™ Eco Gen. II SATA solid state drive (SSD) and the HGST-branded Ultrastar® SN100 PCI Express (PCIe) NVMe SSD, which was rated in VMware’s highest performance class2. Either used independently or together for improved data center benefits, these SSDs bring consistent performance and rapid responsiveness to virtual desktops, databases, e-mail, cloud services, and other business-critical applications. The company will showcase the newly certified SSDs and multiple new all-flash Virtual SAN Ready Nodes that were created in partnershipwith HPE® at its VMware Europe booth (#G313).
The two SSDs join Western Digital’s portfolio of more than 200 WD®-, HGST- and SanDisk-branded NVMe, SATA and SAS SSDs, software and hard disk drives (HDDs) certified for VMware vSphere®, Virtual SAN™ or VMware Cloud Foundation™.
“With the certifications of our CloudSpeed Eco Gen. II SATA SSD and NVMe-compliant Ultrastar SN100, Western Digital’s portfolio offers the broadest range of solutions to optimize CPU and storage resources against virtualized workloads, and addresses the full spectrum of customer use cases,” said Anand Jayapalan, vice president of enterprise and client compute solutions marketing at Western Digital. “Through our OEM and channel partners, we are enabling new VMware Virtual SAN Ready Nodes that provide complete hyper converged infrastructure systems specially designed with many of our customers’ most important data challenges in mind. We provide IT managers with unparalleled options – whether they are building their own software-defined storage or deploying Ready Nodes in existing and new cloud environments.”
RLJ Entertainment Inc (NASDAQ:RLJE), jumped 14.00% and closed at $2.28 in the last trading session. RLJE stock opened its last trade at $2.63 and after floating in a range of $2.21 to $2.80. The company’s Market capitalization is $11.70 Million with the total Outstanding Shares of 5.08 Million. During the 52-week trading session the minimum price at which share price traded, registered at $1.35 and reached to max level of $4.44. RLJ Entertainment (RLJE), the entertainment content distribution company which owns and operates Acorn TV, the premier streaming service for British mystery and drama, and UMC (Urban Movie Channel), the first urban-focused subscription streaming service, has formed a planned partnership with AMC Networks (AMCX), the company behind several of the most recognized brands and shows in entertainment, counting AMC, BBC AMERICA, WE tv (a leading network for African American audiences), SundanceTV, AMC Networks International, IFC, and IFC Films. The declarement was made by RLJ Entertainment Chairman Bob Johnson, the founder of Black Entertainment Television (BET), and AMC Networks President and CEO Josh Sapan.
The partnership builds on each company’s long track-record of successfully developing high-quality content for targeted audiences and capitalizing on new technology and changing viewing habits to make that content available to consumers.
As part of the agreement, AMC Networks has invested $65 million in the form of loans to RLJ Entertainment to refinance the company’s existing senior credit facility, add working capital, reduce the cost of capital through lower interest rates, and provide revised covenants that will allow for raised operational flexibility. In addition, AMC Networks has received warrants which, if exercised, would provide AMC Networks with at least 50.1% of the outstanding RLJ Entertainment common stock on a fully diluted basis.