Seagate (NASDAQ:STX): EVault increases presence in the Brazilian market

EVault, Inc, a Seagate Technology PLC (NASDAQ:STX) company, declared that it is going to increase its presence in the Brazilian market in order to coordinate with the Alcateia Group, a leading IT solutions provider in Brazil. Alcateia Group will work as a distributor for the full range of EVault cloud-connected services such as EVault SaaS, EVault EndpointProtection and EVault Cloud Disaster Recovery Service.

EVault offers onsite, cloud and cloud-connected data protection solutions that help organizations secure their distributed environments, maintained by a secure, reliable cloud storage infrastructure and supported by the highest quality customer service.

 EVault move to hybrid storage models has been leading the industry with ecosystem of EVault software, SaaS. It controls services and appliances that help guarantee customers sustain business continuity.

It was stated by the Ricardo Marques, product manager at Alcateia, customers need changes on daily basis and they demand a more dynamic, secure and reliable cloud-based backup and recovery solutions.

With the help of EVault’s diverse portfolio, the company is now able to provide Brazilian resellers the best onsite. cloud and cloud-connected services available in the market.

Seagate Technology PLC (NASDAQ:STX) total value after the recent close was $10.42 billion and the enterprise value according to yahoo data was $10.49 billion. The previous 12 month price to sales ratio was 0.66. The company showed 20.83% as a profit margin in the last twelve months and an operating margin at 22.04%. Return on equity was 111.85% for the last twelve months. Return on assets was 36.20%.

Taking a look at some competitors, total value of SanDisk Corporation (NASDAQ:SNDK) in the stock market was $9.62 billion and the takeover value of the company was $8.82 billion. The last twelve month price to sales ratio for the company was 1.89. It had a 9.53% as profit margin in the last twelve months and an operating margin at 15.25%. Return on assets was 4.81%.

The total value of Western Digital Corp. (NASDAQ:WDC) after the latest trading session was $8.78 billion and their enterprise value was $6.77 billion. The prior 52 week price to sales ratio was 0.64. The company recorded a profit margin of 13.69% for the prior 12 months and had an operating margin of15.23%. Return on equity for this stock was 27.50% while return on assets appeared at 116.71%.

OCZ Technology Group Inc. (NASDAQ:OCZ) market capitalization after the most recent trading session was $148.78 million and the enterprise value was $105.60 million. Price to sales ratio for the prior 52 weeks was 0.37.