Shares of Flextronics International Ltd. (NASDAQ:FLEX) ended Thursday session in green amid volatile trading. The shares closed up +0.17 points or 1.26% at $13.62 with 9.05 million shares getting traded. Post opening the session at $13.63, the shares hit an intraday low of $13.51 and an intraday high of $13.79 and the price vacillated in this range throughout the day. The company has a market cap of $7.62 billion and the numbers of outstanding shares have been calculated to be 546.16 million shares.
Flextronics International Ltd. (FLEX) on Sept. 12, 2016 announced that Scott Offer has been appointed General Counsel.
Offer is a highly accomplished legal executive who has been instrumental in major recent transformations of global tech companies and the mobile industry.
Most recently, Offer served as Senior Vice President and General Counsel at Lenovo, and was responsible for the company’s overall legal strategy, leading a team of legal professionals across 15 countries, negotiating all strategic deals, managing the global intellectual property and litigation portfolios, and maintaining legal compliance.
Prior to Lenovo, he served as Senior Vice President and Chief Counsel for Motorola Mobility, a Google company, and before that, Motorola, where he spearheaded numerous strategic global initiatives, including taking Motorola Mobility public in 2011. Offer is well-known for leading legal efforts around mergers and acquisitions – including the acquisitions of Motorola Mobility by Google and Lenovo – and driving strategy around a wide range of intellectual property and regulatory issues worldwide. Prior to joining Motorola, he worked for law firm Boodle Hatfield and Royal Dutch Shell plc.
Mike McNamara, Flex CEO, said, “We are thrilled to welcome a general counsel of Scott’s caliber and reputation to our executive team as we continue to elevate the Company and solidify our position as the Sketch-to-Scale solutions provider in the Age of Intelligence.”
Offer received his law degree from the London School of Economics and Political Science and is qualified as a lawyer in both the United Kingdom and the United States.
Shares of Twilio Inc (NYSE:TWLO) ended Thursday session in green amid volatile trading. The shares closed up +3.22 points or 5.22% at $64.92 with 9.00 million shares getting traded. Post opening the session at $62.45, the shares hit an intraday low of $62.03 and an intraday high of $66.48 and the price vacillated in this range throughout the day. The company has a market cap of $5.97 billion and the numbers of outstanding shares have been calculated to be 84.57 million shares.
Twilio Inc (TWLO) on Sep 20, 2016 announced that it has entered into a definitive agreement to acquire proprietary WebRTC media processing technologies built by the team behind the popular Kurento Open Source Project. Upon completion of this transaction, the team behind Kurento will join Twilio to lead the integration of the new technologies and enable the development of advanced video in web and mobile applications.
Over the next several months following the close of the transaction, the Kurento Media Server capabilities including large group communications, transcoding, recording and advanced media processing will be integrated into Twilio Programmable Video. These new capabilities will enable developers to address the more advanced needs of enterprise and large-scale consumer video applications as well as next-generation video applications such as those involved in augmented reality, computer vision, robotics, and the Internet of Things.