In today’s briefing:
- Hwa Hong (HWAH SP): MGO Unconditional
- Arista Networks Inc.: Initiation of Coverage – Market Position
- Cloudflare Inc.: Initiation of Coverage – Market Presence & Scope For Expansion. Other Key Drivers
Hwa Hong (HWAH SP): MGO Unconditional
- Sanjuro, the consortium behind Hwa Hong Corp (HWAH SP) proposal, now controls 51.29%. The Offer has turned unconditional in all respects. Ong directors previously holding out, will now tender.
- The Offer will still close on the 1 August – it will not be extended.
- Should Sanjuro fail to acquire less than 90% of disinterested shares, Hwa Hong will continue to remain listed.
Arista Networks Inc.: Initiation of Coverage – Market Position
- This is our first report on cloud networking solutions provider, Arista Networks.
- The company had a strong quarter and generated record quarterly revenues of $877.1 million backed by a strong performance in software support renewals and services.
- Cloud titans were their strongest and largest vertical for the last quarter, followed by enterprise, cloud specialty providers and financials tied for second place, and service providers in fourth.
Cloudflare Inc.: Initiation of Coverage – Market Presence & Scope For Expansion. Other Key Drivers
- This is our first report on Cloudflare, one of the leading cloud-based security solutions providers in the world.
- Cloudflare has recently equipped partners to deliver a comprehensive Zero Trust solution with the Cloudflare One Partner program.
- Moreover, the company recently expanded its platform zero trust for becoming the only provider of cloud-native with Network scale.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
