Shares of Microsoft Corporation (NASDAQ:MSFT) ended Monday session in red amid volatile trading. The shares closed down -0.53 points or -0.92% at $56.90 with 21.69 million shares getting traded. Post opening the session at $57.08, the shares hit an intraday low of $56.83 and an intraday high of $57.14 and the price vacillated in this range throughout the day. The company has a market cap of $440.40 billion and the numbers of outstanding shares have been calculated to be 7.79 billion shares.
On Sept. 26, 2016 Adobe and Microsoft Corp. announced plans for a strategic partnership to help enterprise companies embrace digital transformation and deliver compelling, personalized experiences through every phase of their customer relationships. Together, the two companies will enable businesses to dramatically strengthen their brands through solutions with Microsoft Azure, Adobe Marketing Cloud and Microsoft Dynamics 365.
“Business leaders in every industry are focused on how to better engage their digital customers, wherever they are,” said Satya Nadella, CEO of Microsoft. “Together, Adobe and Microsoft are bringing the most advanced marketing capabilities on the most powerful and intelligent cloud to help companies digitally transform and engage customers in new ways.”
“Customers expect a well-designed, personalized and consistent experience every time they engage with a brand,” said Shantanu Narayen, president and CEO of Adobe. “Adobe and Microsoft will bring together the cloud horsepower and end-to-end capabilities brands need to design and deliver great digital experiences.”
With this partnership, Adobe will make Microsoft Azure its preferred cloud platform for the Adobe Marketing Cloud, Adobe Creative Cloud and Adobe Document Cloud. Azure provides Adobe with a trusted, global cloud and a powerful data platform for intelligent services, including comprehensive machine learning and cognitive capabilities in Microsoft Cortana Intelligence Suite and SQL Server.
Shares of Cisco Systems, Inc. (NASDAQ:CSCO) ended Monday session in red amid volatile trading. The shares closed down -0.27 points or -0.86% at $31.07 with 20.36 million shares getting traded. Post opening the session at $31.10, the shares hit an intraday low of $30.79 and an intraday high of $31.16 and the price vacillated in this range throughout the day. The company has a market cap of $154.22 billion and the numbers of outstanding shares have been calculated to be 5.03 billion shares.
On September 26, 2016 Celestica Inc. (CLS) (CLS), a global leader in the delivery of end-to-end product lifecycle solutions, announced that it has received the 2016 Excellence in Sustainability award from Cisco®.
This prestigious award recognizes Celestica for Excellence in Sustainability for demonstrating sustainability leadership above and beyond standard sustainability practices, and leading the industry through its approaches to reduce negative environmental impacts and raise positive social impacts. The distinction was awarded during Cisco’s 25th Annual Supplier Appreciation Event, held September 8 at the Santa Clara Convention Center in California.
“The theme for our Silver Anniversary SAE event, ‘Celebrating the Journey’, puts the spotlight on our continued journey towards Digitization and the tremendous opportunities that come from connecting people, processes, data and things,” said John Kern, senior vice president, Supply Chain Operations, Cisco. “Cisco’s supply chain has evolved into the recognized leader it is with suppliers and partners playing an instrumental role in the company’s growth, development and success. We’ve come a long way, but we must continue to evolve, innovate and accelerate.”
Cisco presented awards to suppliers in recognition of their contributions to Cisco’s success in fiscal year 2016. Celebrating 25 years of partnering, Cisco recognized the dedication and successes of the very best of its strategic suppliers and manufacturing partners — critical to a complex, global supply chain like Cisco.