On Friday, Ambarella Inc (NASDAQ:AMBA)’s shares inclined 2.65% to $111.12.
Ambarella, Inc. (AMBA), a leading developer of video compression and image processing semiconductors, recently declared the acquisition of VisLab S.r.l., a privately held Italian company based in Parma, Italy for $30 million in cash. VisLab, the Vision and Intelligent Systems Laboratory at the University of Parma, is a pioneer in perception systems and autonomous vehicle research and was founded by Professor Alberto Broggi. The company has developed computer vision and intelligent control systems for automotive and other commercial applications, counting Advanced Driver Assistance Systems and several generations of autonomous vehicle driving systems. These comprise “Porter,” an autonomous vehicle that made a 13,000 km autonomous trip from Italy to China in 2010.
As part of the acquisition, VisLab’s 27 researchers will join Ambarella’s advanced computer vision development team. This will enable extensive and robust computer vision support in future Ambarella solutions targeting Ambarella’s core markets counting automotive, IP security, wearable, and flying cameras.
Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition (HD) video capture, sharing, and display worldwide. The company’s system-on-a-chip designs integrated HD video processing, image processing, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. Its solutions enable the creation of video content for wearable sports cameras, automotive aftermarket cameras, professional and consumer Internet Protocol (IP) security cameras, telepresence cameras, and unmanned aerial vehicles in the camera market; and manage IP video traffic, broadcast encoding and transcoding, and IP video delivery applications in the infrastructure market.
Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL)’s shares dropped -5.94% to $2.06.
Gol Linhas Aereas Inteligentes SA (ADR) (GOL) the largest low-cost and best-fare airline in Latin America, hereby declares to its shareholders and the market in general the launch of internet onboard via satellite and an entertainment platform, the most complete of Latin America.
GOL will become the first Brazilian, South and Central America airline to offer onboard wi-fi internet access during the flight period. The platform will also comprise TV channels, program streaming with movies, cartoons, series and games, pay-per-view content, music, and a flight map. All online and off-line content can be easily accessed through mobile devices, such as the passenger’s cell phone, tablet or notebook.
GOL partnered with Gogo - the leader company in onboard connectivity and entertainment in the global aero market, to launch the connectivity and entertainment platform. As part of the agreement, Gogo will equip GOL’s entire fleet with an antenna, providing 2Ku next generation satellite communication technology, in addition to IPTV, the most up-to-date TV signal transmission system and streaming system for movies and others.
Gol Linhas Aéreas Inteligentes S.A. provides regular and non-regular air transportation services for passengers, cargoes, and mailbags in Brazil and internationally. The company operates in two segments, Flight Transportation and Smiles Loyalty Program. As of December 31, 2014, it operated a fleet of 144 aircraft, which comprised of 96 aircraft under operating leases, 45 aircraft under finance leases, and 3 aircraft owned by the company. It also develops and manages its own or third partys customer loyalty program, in addition to sells redemption rights of awards related to the loyalty program.
At the end of Friday’s trade, Gannett Co., Inc. Common Stock When Issued (NYSE:GCI)‘s shares dipped -2.32% to $14.50.
Gannett Co., Inc. (GCI) will webcast a discussion of its second quarter 2015 operating results on Wednesday July 29, 2015 at 10:00 a.m. (ET). Gannett Chief Executive Officer Robert J. Dickey and Chief Financial Officer Alison K. Engel will discuss second quarter results. A news release detailing the results will be issued before the market opens on Wednesday July 29, 2015.
Gannett Co., Inc. operates as a multi-platform news and information company. Its operations comprise 100 daily publications and related digital platforms in the United States and the United Kingdom; and about 400 non-daily local publications in the United States and about 125 such titles in the United Kingdom.
Sabre Corp (NASDAQ:SABR), ended its Friday’s trading session with -0.84% gain loss, and closed at $26.00.
Sabre Corporation (SABR), a leading technology provider to the global travel and tourism industry, declared Virgin Australia has renewed its technology agreement and widened the scope of its relationship with Sabre.
The renewal agreement expands the airlines’ SabreSonic agreement. SabreSonic is an integrated suite of applications that optimizes and automates core processes such as Reservations, Inventory and Departure Control enabling airlines to offer a differentiating customer experience.
This renewal enables Virgin Australia to progressively implement a wide range of Sabre solutions, including SabreSonic retailing and personalization solutions. The customer-centric retailing solutions include Customer Data Hub, Customer Experience Manager and Dynamic Retailer. Additionally, the agreement enables the use of SabreSonic Select shopping capabilities, mobile solution and other software to support the airline’s focus on personalization and traveler experience.
Sabre Corporation provides technology solutions to the travel and tourism industry worldwide. It operates in two segments: Travel Network, and Airline and Hospitality Solutions. The Travel Network segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, counting airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators, with a network of travel buyers comprising online and offline travel agencies, travel administration companies, and corporate travel departments. The Airline Hospitality Solutions segment offers a portfolio of software technology products and solutions through software-as-a-service and hosted delivery models to airlines, hotel properties, and other travel suppliers.
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