Shares of Vonage Holdings Corp. (NYSE:VG) ended Friday session in green amid volatile trading. The shares closed up +0.04 points or 0.63% at $6.35 with 4,766,193 shares getting traded. Post opening the session at $6.30, the shares hit an intraday low of $6.27 and an intraday high of $6.43 and the price vacillated in this range throughout the day. The company has a market cap of $1.38 billion and the numbers of outstanding shares have been calculated to be 216.43 million shares.
Vonage Holdings Corp. (VG) on Sept. 14, 2016 launched a next-generation voice API through recently-acquired communications platform, Nexmo. Integrated with Vonage’s carrier-grade network, which terminates 15 billion minutes of global voice traffic annually to landline and mobile phones, the new Nexmo API provides a higher quality programmable voice experience than what is competitively available in the market.
The Nexmo Voice API enables developers to build modern enterprise communications customized for any app, website or voice-based communications system, faster and easier than its previous APIs. The Nexmo Voice API also enables integrations with existing business workflow software to drive enhanced productivity. This next-gen voice API allows companies to create communications solutions that can increase customer engagement and enhance the customer experience with just a few lines of code.
“When Vonage purchased Nexmo only a few months ago, we knew we could pair Nexmo’s APIs with Vonage’s voice network to deliver a higher quality programmable voice experience to the market,” said Alan Masarek, Vonage CEO. “We are encouraged by the speed with which we were able to bring enhanced voice capabilities to the Nexmo platform to accelerate the launch of the new voice API.”
Shares of Cypress Semiconductor Corporation (NASDAQ:CY) ended Friday session in green amid volatile trading. The shares closed up +0.03 points or 0.25% at $11.90 with 4.67 million shares getting traded. Post opening the session at $11.91, the shares hit an intraday low of $11.74 and an intraday high of $11.93 and the price vacillated in this range throughout the day. The company has a market cap of $3.83 billion and the numbers of outstanding shares have been calculated to be 321.18 million shares.
Cypress Semiconductor Corporation (CY) on Sept. 13, 2016 announced it is sampling new devices in its single-power-supply Traveo™ automotive microcontroller (MCU) family that provides secure, high-speed networking for body electronics applications. The new S6J342xxx series supports the Controller Area Network Flexible Data-rate (CAN FD) standard for high-speed, in-vehicle networking, enabling large amounts of data to be exchanged between each CAN node. The MCUs address the critical need to secure data on in-vehicle networks with enhanced Secure Hardware Extension (eSHE) support, preventing unauthorized connections to electronic control units (ECUs). The new Traveo series continues Cypress’s expansion of its broad automotive portfolio that includes MCUs, wireless radios, memories, capacitive-touch solutions and Power Management ICs (PMICs).
The Traveo S6J342xxx series leverage Cypress’s 40nm embedded charge-trap (eCT™) Flash technology for higher performance and reliability. The series delivers rich features and more cost-efficient implementations for body control modules, heating ventilation and air conditioning (HVAC) systems, collision warning systems, gateways and lighting applications. The MCUs are based on an ARM® Cortex®-R5 core with robust, 132-MHz performance and feature up to 1MB of high-density embedded flash for application storage. A unique partial wake-up mode allows the MCUs to minimize average power consumption. Cypress offers a broad range of variations in the series that enables OEM customers to easily develop derivative solutions. More information on the Traveo MCU family is available at http://www.cypress.com/traveo.
“Cars are becoming more connected both externally and internally, and for in-vehicle networking, our automotive customers are looking for faster performance with robust security to prevent ECUs from being hacked,” said Takeshi Fuse, senior vice president of the Automotive Business Unit at Cypress. “Our new 40nm Traveo MCUs with CAN FD and eSHE support are optimized to enable secure, high-speed, in-vehicle networking to a wide range of body electronics applications. The devices add to the scalability of our Traveo platform, and to Cypress’s unique ability to serve as a one-stop resource for our customers to develop cost-effective system solutions with advanced functionality.”