On Tuesday, Microchip Technology Inc.(NASDAQ:MCHP)’s shares declined -5.08% to $40.34.
Microchip Technology Inc., a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, recently declared a new series within its PIC32MX1/2 32-bit microcontroller (MCU) family that features a large 256 KB Flash configuration and 16 KB of RAM in small-footprint packages. These latest additions to this popular MCU family provide flexibility to low-cost applications that need complex algorithms and application code, and they are coupled with Microchip’s comprehensive software and tools for designs in graphics, touch sensing and general-purpose embedded control.
Microchip’s MPLAB® Harmony software development framework further simplifies designs, by integrating the license, resale and support of Microchip and third-party middleware, drivers, libraries and Real-Time Operating Systems (RTOS). Specifically, Microchip’s readily accessible software packages—counting USB stacks and Graphics and Touch libraries—can greatly reduce the development time of applications such as consumer, industrial and general-purpose embedded control.
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.
TE Connectivity Ltd(NYSE:TEL)’s shares dropped -2.28% to $57.91s.
TE Connectivity world leader in connectivity, declared the QRapid fiber panel, a new version of its Rapid Fiber panel that incorporates Quareo physical layer administration technology comprising connection point identification (CPID) for real-time visibility to network add-ons, moves and changes. This new panel improves speed and efficiency in central office fiber deployments while slashing deployment costs.
The QRapid fiber panel is a 1RU 48-port or 3RU 144-port rack-mountable fiber distribution panel that incorporates TE’s RapidReel fiber cable spool and contains electronics that enable it to function as part of TE’s Quareo physical layer administration system. The functionality of the QRapid fiber panel provides a user with the ability to know in real time whether each front port of the panel is connected, and to what other equipment and port it is connected.
The QRapid fiber panel delivers several key benefits:
- Physical Layer Administration: Expands options for central office and data center network architects who want to gain an accurate, real-time view of the physical network.
- Cost Savings:RapidReel cable spools reduce upfront deployment costs by simplifying site survey inspections, reducing labor hours and streamlining cable deployment.
- Faster Deployment:The pre-connectorized, plug-and-play solution eliminates splice labor requirements and speeds network construction.
- Easy Access:The panel’s technician-friendly, front-facing interface ensures trouble-free maintenance and fast service turn-ups.
TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions. The Transportation Solutions segment offers electronic components, counting terminals and connectors, relays, and sensors, in addition to application tooling, wire and heat shrink tubing, and other custom-engineered solutions for the automotive market, such as industrial and commercial vehicle, and hybrid and electric vehicle markets.
At the end of Tuesday’s trade, Deutsche Bank AG (USA) (NYSE:DB)‘s shares dipped -2.76% to $28.67.
Deutsche Asset & Wealth Administration’s (Deutsche AWM) Alternatives and Real Assets (ARA) business recently declared that it has attained the Wicker Park Commons shopping plaza in Chicago, IL, for one of its investment funds.
Located at 1265-1303 North Milwaukee Avenue, Wicker Park Commons is an urban infill Class-A shopping center with strong credit tenancy, anchored by a dominant grocer and national home improvement store.
Deutsche Bank AG provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division engages in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. This division also provides mergers and acquisitions, equity and debt financing, and general corporate finance advice, in addition to various financial services to public sector.
Computer Sciences Corporation (NYSE:CSC), ended its Tuesday’s trading session with -0.03% loss, and closed at $60.12.
CSC (CSC) declared that it has reached a definitive agreement to combine its government services unit, Computer Sciences Government Services (CSGov), with SRA upon the spin-off of that unit, plans for which were declared in May.
SRA is owned by a shareholder group led by Providence Equity Partners and SRA’s founder, Dr. Ernst Volgenau, in addition to members of its administration team. The transaction with SRA is targeted to close before the end of November 2015, upon the separation of CSC’s government services unit. That separation is intended to qualify as a tax-free transaction to CSC shareholders.
The combined company, to be named proceeding to closing, will become the largest pure-play IT services provider serving the U.S. government sector, with combined FY15 revenues of about $5.5 billion, nearly 19,000 employees and among the industry’s leading profit margins.
Computer Sciences Corporation provides information technology (IT) and professional services and solutions primarily in North America, Europe, Asia, and Australia. The company operates through Global Business Services, Global Infrastructure Services, and North American Public Sector segments.
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