Cavium to supply carrier-grade LTE Small Cell base stations to Arcadyan Cavium announced an agreement with Arcadyan for carrier-grade LTE Small Cell base stations with data offload and DPI and the start of lab trials with key operators in Asia, Europe and other regions. The complete and field proven Cavium solution has allowed Arcadyan to quickly engage with LTE service providers to integrate and test LTE small cells in live networks. Different from other small cell chip supplier's solutions, Cavium provides a turnkey solution enabling Arcadyan to integrate extra features according to each operator's requests.
Cavium price target raised to $63 from $54 at Stifel Stifel increased its price target on Cavium after meeting with the company's CFO, as the firm thinks that the company's ARM-based server CPU, ThunderX, appears to be gaining design win traction. Stifel keeps a Buy rating on the shares.