NUTANIX, INC. (NASDAQ:NTNX) Files An 8-K Entry into a Material Definitive AgreementItem 1.01. Entry into a Material Definitive Agreement
NUTANIX, INC. (NASDAQ:NTNX) Files An 8-K Entry into a Material Definitive Agreement
On March 13, 2017, Nutanix, Inc. (the “Company”) entered into a memorandum of understanding with Flextronics Telecom Systems Limited (“Flextronics”), effective as of December 1, 2016 (the “MOU”), to which Flextronics will procure components, parts and raw material for, and manufacture, assemble, test, inspect, configure and ship, certain products for the Company. The MOU shall continue in effect until the parties execute a Master Services Agreement replacing the MOU or either party terminates the MOU, which can be done for any reason by either party upon 180 day written notice to the other party.
The MOU provides that the type, quantity, delivery and price of the products and services to be delivered and performed under the MOU will be in conformity with the general purchasing terms set forth in the MOU and the related purchase orders to be issued by the Company to Flextronics.
The above description of the MOU does not purport to be complete and is qualified in its entirety by reference to the full text of the MOU, a copy of which will be filed with the Company’s Quarterly Report on Form 10-Q for the quarter ending April 30, 2017.
About NUTANIX, INC. (NASDAQ:NTNX)
Nutanix, Inc. is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas. Its solution consists of software product families, including Acropolis and Prism. Its solution is delivered on commodity x86 servers. Acropolis includes its Distributed Storage Fabric that delivers enterprise-grade data management features. Acropolis also includes a built-in hypervisor, and its Application Mobility Fabric that enables application placement, conversion and migration across various hypervisors, and between public and private clouds. Prism delivers integrated virtualization and infrastructure management, operational analytics and a suite of one-click administration capabilities. NUTANIX, INC. (NASDAQ:NTNX) Recent Trading Information
NUTANIX, INC. (NASDAQ:NTNX) closed its last trading session down -0.19 at 20.41 with 499,180 shares trading hands.
Nutanix, Inc. is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas. Its solution consists of software product families, including Acropolis and Prism. Its solution is delivered on commodity x86 servers. Acropolis includes its Distributed Storage Fabric that delivers enterprise-grade data management features. Acropolis also includes a built-in hypervisor, and its Application Mobility Fabric that enables application placement, conversion and migration across various hypervisors, and between public and private clouds. Prism delivers integrated virtualization and infrastructure management, operational analytics and a suite of one-click administration capabilities. NUTANIX, INC. (NASDAQ:NTNX) Recent Trading Information
NUTANIX, INC. (NASDAQ:NTNX) closed its last trading session down -0.19 at 20.41 with 499,180 shares trading hands.
