Minecraft Comes to Oculus; HPE Buys Silicon Graphics -- Tech Roundup

We've all heard of Minecraft, right? Well, for those that haven't, I'll save you a step. 

In Google: "What is Minecraft?"

"Minecraft is a game where you dig (mine) and build (craft) different kinds of 3D blocks within a large world of varying terrains and habitats to explore."

Okay, so that clears that up. Anyway, the wildly popular game is about to get a whole lot more immersive. And no, we're not talking about Minecraft 2 or some upgrade expansion pack, but literally something far more, real. We're talking about virtual reality!

The free beta version is set for release on Oculus Rift sets next week. Well, it's free provided that you're running on Microsoft (MSFT) Windows 10 and already own Minecraft. And if you own a Rift headset. 

But if gamers have all of those items, then they're are in luck. The industry has low supply, and high demand and pricing. Still, VR is set to become a much more normal part of our lives as time goes on, especially when content makers start bringing can't-live-without content to the table. That and hopefully a decrease in price will make for an industry that can appeal to more consumers.

Still, this is a great stepping stone.

Shares of Microsoft closed at $57.94 Friday, down 0.6%.


Shares of Silicon Graphics (SGI) are soaring Friday, up nearly 30% after it was announced that the company is being purchased for $7.75 per share or $275 million in cash by Hewlett Packard Enterprise (HPE) .

The company reported earnings on Thursday after the close, but did not host a conference call because of the takeover. Obviously, that did not impact the stock's rise towards the buyout price.

Perhaps for shareholders, the buyout is a good thing, considering Silicon Graphics reported that revenues fell almost 20% from the same period last year.

The purchase price represents a 30% premium to Thursday's closing price and comes in near the company's 52-week high. However, it will likely mark a disappointing end for long-term investors, as shares were north of $11 coming into 2015 and are down 38% and 59% over the past five and 10 years, respectively, even with the stock's rally on Friday.

The company has lost money in each of the last four years too. So what is HPE doing with it? According to the Wall Street Journal, it "will enhance its data analytics and high-performance computing businesses and aid sales to government agencies."

Shares of Silicon Graphics closed at $7.69 Friday, up 28.6%, while shares of Hewlett Packard Enterprise closed at $21.89, up 0.5%.


Do you hate when you can't remember something? Perhaps a password, someone's favorite takeout order, or your favorite recipe even though you wrote it down a dozen times and still can't find any one of them?

Well, now there's a bot that can help you out: Wonder.

This super-simple-why-doest-it-already-exist? app works just like a memory bot should. You download the app, text it the things you need to remember as you go, and then finally when you need to recall something, it's there for you.

Just ask it the question, "How do I make my homemade ravioli?" or "What's Andrea's Chipotle (CMG) order?" and the Wonder app will be able to pull it up for you without hesitation.

So what's the point of this article? It seems like the property could make for an interesting "tuck-in" acquisition for a company that either has bots, like Facebook's (FB) chat bots, or a company looking to buildout chat bots.

Maybe the property is very simple to build out and no acquisition is in store. But if Wonder has some proprietary methods, then it could have value for other larger companies too.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.

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