BUZZ-Overland Storage Inc: Launches virtual desktop hardware

Tue Aug 19, 2014 1:10pm EDT
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** Data management and security software provider's shares up 13.9 pct at $3.59

** Virtualisation software maker Sphere 3D Corp's shares up 10.8 pct at $7.47

** Overland launches V3 device that allows users to create and work on virtual computers over a network

** Developed product in partnership with Sphere 3D, which has agreed to be bought by Overland

** Up to Monday's close, Overland Storage shares have lost about 35 percent this year