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Network Engines, Inc (NEI)

NEI is defunct.
  • Jun. 19, 2012, 9:41 AM
    Struggling server appliance vendor Network Engines (NEI) is being acquired by privately-owned Unicom Systems for $63.2M, or $1.45/share, in cash. The deal's price represents an 85% premium to NEI's Monday close. NEI shares were crushed earlier this year after the company announced top customer EMC will be transitioning away from its products. Shares are halted. (PR)
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  • Apr. 26, 2012, 11:12 AM
    Network Engines (NEI): FQ2 EPS of $0.04 beats by $0.01. Revenue of $65.9M (+1.4% Y/Y) in-line. (PR)
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  • Apr. 13, 2012, 12:25 PM
    Network Engines (NEI -25.9%) shares slide after the provider of server-based application platforms' says its largest customer, EMC, plans a transition away from products representing ~$21M in quarterly revenue in a switch expected to begin as early as the end of this year.
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  • Jan. 26, 2012, 7:10 AM
    Network Engines (NEI): FQ1 EPS of $0.04 beats by $0.01. Revenue of $69.7M (-3% Y/Y) in-line. (PR)
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Company Description
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