During Tuesday’s Current trade, Shares of Infinera Corp. (NASDAQ:INF), lost -3.89% to $20.25.
Infinera, provider of Intelligent Transport Netoperates, declared the appointment of Rajal M. Patel to the board of directors of Infinera, effective September 17, 2015.
Mr. Patel brings more than 20 years of experience in scaling cloud infrastructure for consumer Internet, SaaS and other service providers globally. Since March 2014, Mr. Patel has served as the head of cloud engineering at Pinterest. Preceding to Pinterest, Mr. Patel served as senior vice president for technical operations at Salesforce.com from July 2013 to December 2013. Mr. Patel was vice president for cloud services engineering at Cisco Systems from April 2010 to July 2013, and held various engineering and administration roles at Yahoo! Inc. from 2004 to early 2010.
Infinera Corporation provides optical transport networking equipment, software, and services for telecommunications service providers, Internet content providers, cable operators, wholesale and enterprise carriers, research and education institutions, and government entities worldwide.
Shares of Microchip Technology Inc. (NASDAQ:MCHP), declined -2.20% to $41.79, during its current trading session.
Microchip Technology Inc.(MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, declared that its MOST50 Intelligent network Interface Controllers (INICs) are powering the infotainment systems of the new Toyota Alphard executive-lounge hybrid vehicles. This is the latest deployment among a wide variety of the Toyota Motor Corporation’s brands, which have been using MOST50 in their infotainment systems for many years, counting both volume and luxury vehicles. In the new Alphard implementation, Toyota is using MOST® technology to ensure high-quality digital audio streaming throughout the vehicle.
To date, more than 170 million MOST devices have been installed in 191 car models since 2001. Toyota and all major carmakers have for many years successfully implemented MOST technology in their multi-node infotainment networking systems, as it provides a field-proven, low-risk, whole-system solution. Toyota’s netoperates utilize Microchip’s MOST50 INICs, which feature an Electrical Physical Layer (ePHY) that is optimized for use with Unshielded Twisted Pair (UTP) copper wire. The result is a system that can predictably and efficiently transport video, audio, packet and control data throughout the vehicle without time-synchronization protocols, using dedicated channels for minimal processor overhead in the main infotainment control unit processors. The remote-connection-administration and remote-control capabilities of all MOST INICs enable further options, counting the ability to build slim (processor-less) network nodes. MOST INICs also provide industry-standard hardware interfaces to processor and peripheral devices for the efficient routing of audio, video and packet data, which greatly simplifies module designs. End users can right away access the vehicle’s infotainment system, due to the MOST INIC’s ultra-fast network startup feature.
Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications. The company offers microcontrollers, such as 8-bit, 16-bit, and 32-bit microcontrollers under the PIC brand name; and 16-bit dsPIC digital signal controllers, in addition to provides microcontrollers for automotive networking, computing, lighting, power supplies, wireless communication, and wireless audio applications.
Splunk Inc (NASDAQ:SPLK), during its Tuesday’s current trading session decreased -3.46% to $57.45.
Splunk Inc. (SPLK), provider of the leading software platform for real-time Operational Intelligence, declared Splunk IT Service Intelligence (ITSI). Splunk ITSI builds upon Splunk’s deep product expertise and recognized customer value in IT Operations by introducing a solution that provides breakthrough visibility into the health and key performance indicators of IT services. This new solution delivers a central, unified view of critical IT services and leverages advanced analytics driven by machine learning to highlight anomalies, detect root cause and pinpoint areas of impact. Experience the power and innovation of Splunk solutions and try the Splunk ITSI online sandbox recently.
Splunk, Inc. provides software products that enable organizations to gain real-time operational intelligence in the United States and internationally. The company’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source users.
Finally, VeriFone Systems Inc(NYSE:PAY), decreased -3.01%, to $27.06.
Taxi passengers in Philadelphia will be able to electronically hail cabs starting in October, using the Way2ride app from Verifone (PAY) on their mobile devices. Through this expansion, Philadelphia joins New York City, where passengers are already using Way2ride’s payment and new e-hailing feature to quickly and easily hail cabs and securely pay for taxi rides with a tap of their smartphones.
More than 1,400 of the 1,600 licensed taxis in Philadelphia are already equipped with Verifone payment systems for credit card acceptance and are ready for Way2ride. Way2ride™ is accessible recently for both iPhones® and Android® phones and can be downloaded right now from the Apple® App Store® and Google® Play®. The Way2ride app has been downloaded more than 45,000 times in Philadelphia since it became accessible in the city a year ago.
VeriFone Systems, Inc. designs, markets, and services electronic payment solutions at the point of sale (POS) worldwide. It provides countertop electronic payment systems that accept card payment options, such as NFC, mobile wallets, chip and PIN, and contactless payments, in addition to support credit and debit card, EBT, EMV, and other PIN-based transactions; and a portfolio of application libraries and development tools.
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