On Tuesday, Cavium Inc (NASDAQ:CAVM)’s shares inclined 1.03% to $74.65.
Cavium Inc (CAVM) declared the demonstration of the OpenFlow and OpenFlow-Hybrid XPliant®-based platforms for Software-Defined Networking (SDN) at Open Networking Summit (ONS) 2015. Cavium’s XPliant Ethernet switches deliver full line rate support in OpenFlow through XPliant’s SDK APIs and integration of Open vSwitch (OVS).
OpenFlow and OVS are designed to enable massive network automation in a multi-vendor standards-based environment. OpenFlow is the industry leading standard protocol to separate the control and the data plane of SDN architecture. While this protocol provides an ideal scenario for networking operators, the XPliant Ethernet switches are able to demonstrate these capabilities at 3.2 terabits per second in a completely flexible manner.
Existing silicon switch solutions map OpenFlow constructs to fixed pipelines and tables intended for historical switching protocols. These solutions do not provide the flexibility that network operators require in order to effectively control and automate their networks. In addition, these architectures leverage shallow TCAM resources that do not provide the desired level of scalability.
Cavium, Inc. designs, develops, and markets semiconductor processors for intelligent and secure networks in United States and internationally. It offers integrated semiconductor processors for wired and wireless networking, communications, storage, cloud, wireless, security, video, and connected home and office applications.
Quest Diagnostics Inc (NYSE:DGX)’s shares dropped -0.14% to $72.57.
Quest Diagnostics Inc (NYSE:DGX) the world’s leading provider of diagnostic information services, recently declared that its Care360 cloud-based electronic health record (EHR) has ranked number one among physician practices and groups with two to five practicing physicians. The ranking is based on a poll of 5,700 small and solo medical practices surveyed by Black Book™ in 2015.
Physicians across all specialties in these small-sized practices ranked Care360 EHR number one in overall satisfaction. The ranking comprises assessments in client experience and satisfaction with web-based EHRs based on 18 key performance indicators, such as implementations, updates, usability, customization and pricing. The survey results are accessible at: http://blackbookmarketresearch.com/ambulatory-alternate-site-ehr/
Care360 supports physicians with a practical, cost-effective EHR and electronic lab ordering and results platform. Meaningful Use certified, the easy to use platform enables access to records anytime anywhere and improves provider collaboration-through a secure, robust and structured data exchange.
Quest Diagnostics Incorporated provides diagnostic testing information services in the United States and internationally. The company offers clinical testing services, such as routine testing, gene-based and esoteric testing, anatomic pathology services, and drugs-of-abuse testing, in addition to related services and insights; laboratory testing services for new drugs, vaccines, and medical devices; analytic, on-site prevention, and wellness services; and risk assessment services for the life insurance industry. I
Gulfport Energy Corporation (NASDAQ:GPOR), ended its Tuesday’s trading session with 1.43% gain, and closed at $44.80.
Gulfport Energy Corporation (GPOR) declared the pricing of an underwritten public offering of 10,000,000 shares of its common stock at a price to the public of $43.25 per share. The underwriters have a 30-day option to purchase up to an additional 1,500,000 shares from Gulfport at the public offering price per share (less the underwriting discount). The offering is predictable to close on June 12, 2015, subject to customary closing conditions. Net proceeds to Gulfport from the sale of the 10,000,000 shares will be about $417.2 million, after deducting underwriting discounts, commissions and estimated offering expenses. Gulfport intends to use the net proceeds from this offering (i) to fund a portion of the purchase price for its formerly declared acquisition of certain acreage and other assets in the Utica Shale in Ohio from American Energy—Utica, LLC and (ii) for general corporate purposes, counting the funding of a portion of its 2015 capital development plans.
Gulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids (NGLs), and crude oil in the United States. The companys principal properties are located in the Utica Shale primarily in Eastern Ohio; Louisiana Gulf Coast in the West Cote Blanche Bay; and Hackberry fields. It also has interests in the Niobrara Formation of Northwestern Colorado; Bakken Formation; entities that operate in Southeast Asia, counting the Phu Horm gas field in Thailand; and Alberta oil sands located in Canada.
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