Shares of Applied Materials, Inc. (NASDAQ:AMAT) ended Monday session in green amid volatile trading. The shares closed up +0.25 points or 0.83% at $30.30 with 13.66 million shares getting traded. Post opening the session at $30.44, the shares hit an intraday low of $30.27 and an intraday high of $30.78 and the price vacillated in this range throughout the day. The company has a market cap of $32.64 billion and the numbers of outstanding shares have been calculated to be 1.08 billion shares.
Applied Materials, Inc. (AMAT) on September 19, 2016 announced a five-year extension of their research collaboration at the Centre of Excellence in Advanced Packaging in Singapore. The organizations will expand the scope of their R&D collaboration to focus on advancing Fan-Out Wafer-Level Packaging (FOWLP), a key technology inflection expected to help make chips and end-user devices smaller, faster and more power efficient.
With an anticipated additional S$188 million of combined investment, the Centre will expand to a second location at Fusionopolis 2, in addition to the existing facility at Singapore’s Science Park II. The two facilities combined will span an area of approximately 1,700 square meters and be staffed by a team of close to 100 researchers, scientists and engineers. The Centre was built to develop new capabilities in advanced packaging through a full line of Applied Materials’ Wafer-Level Packaging (WLP) processing equipment, and has successfully delivered advancements in semiconductor hardware, process and device structures.
“Our collaboration with A*STAR over the past five years has been instrumental in establishing Applied Materials’ presence in Singapore and building up our R&D capabilities,” said Russell Tham, Regional President, Applied Materials South East Asia. “With the entire R&D value stream from ideation to product development being carried out locally via this joint lab, the expansion will further Applied Materials’ development of new technologies and products for global markets, while remaining a key contributor to Singapore’s innovation economy.”
Shares of Hewlett Packard Enterprise Co (NYSE:HPE) ended Monday session in green amid volatile trading. The shares closed up +0.42 points or 1.89% at $22.68 with 12.01 million shares getting traded. Post opening the session at $22.37, the shares hit an intraday low of $22.36 and an intraday high of $23.00 and the price vacillated in this range throughout the day. The company has a market cap of $38.00 billion and the numbers of outstanding shares have been calculated to be 1.67 billion shares.
Hewlett Packard Enterprise Co (HPE) on Sep 14, 2016 unveiled new solutions designed to streamline and strengthen the approach to intelligent security operations, DevOps and data protection. These innovations in security analytics, application security, and data security combine power and flexibility with ease-of-use, helping organizations fearlessly innovate and more intuitively build security in to protect, detect, and respond to the evolving threat landscape.
In a hyper-connected world, technology advances such as hybrid cloud, employee managed devices and Internet of Things (IoT) accelerate business agility; however, they can also introduce vulnerabilities that increase risk. Securing digital transformation means building security into the IT infrastructure and providing visibility and actionable insight to enable intelligence-driven security operations.
“Digital transformations are increasing productivity, but also introducing new vulnerabilities and threats that require more streamlined and powerful security measures to protect what matters most,” said Sue Barsamian (@suebarsamian), senior vice president and general manager, HPE Security Products, Hewlett Packard Enterprise. “With new innovations, we are helping customers build a comprehensive and intuitive approach to security leveraging the power of big data, machine learning, and automation to proactively address risk to the enterprise.”