STEC, Inc. (STEC) trading halted with news pending

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Benchmark Downgrades STEC, Inc. (STEC) to Sell

June 24, 2013 10:01 AM EDT

Benchmark downgraded STEC, Inc. (NASDAQ: STEC) from Hold to Sell. Analysts believe a higher bid is unlikely.

For an analyst ratings summary and ratings history on STEC, Inc. click here.... More

sTec, Inc. (STEC) to resume trading at 8:30am ET

June 24, 2013 8:11 AM EDT

sTec, Inc. (NASDAQ: STEC) to resume trading at 8:30am EDT.... More

Western Digital (WDC) to Acquire sTec (STEC) in $340M Deal

June 24, 2013 8:02 AM EDT

Western Digital Corporation (NASDAQ: WDC) and sTec, Inc. (NASDAQ: STEC) announced today that they have entered into a definitive merger agreement under which sTec, Inc., an early innovator in enterprise solid-state drives (SSDs), will be acquired by HGST, a wholly-owned subsidiary of Western Digital. sTec will be acquired for approximately $340 million in cash, which equates to $6.85 per share. This represents approximately $207 million... More