Shares of Verizon Communications Inc. (NYSE:VZ) ended Thursday session in green amid volatile trading. The shares closed up +0.48 points or 0.93% at $52.35 with 12.75 million shares getting traded. Post opening the session at $52.15, the shares hit an intraday low of $52.00 and an intraday high of $52.49 and the price vacillated in this range throughout the day. The company has a market cap of $215.89 billion and the numbers of outstanding shares have been calculated to be 4.08 billion shares.
On September 14, 2016 Verizon Communications Inc. and Hearst announced they will bring together Complex — one of the largest millennial digital media brands — with recently-launched digital video networks RatedRed.com and Seriously.TV under the new banner of Complex Networks.
Rich Antoniello, formerly CEO of Complex, will become CEO of Complex Networks. Neeraj Khemlani, president of Hearst Entertainment & Syndication, and Brian Angiolet, senior vice president of Verizon’s consumer product portfolio, will take on the additional roles of co-chairmen of Complex Networks.
Complex was co-founded by Antoniello, and fashion and cultural entrepreneur Marc Ecko, in 2002. It has a long history of creating exhilarating content focused on American pop culture — from music, entertainment and sports to video games, fashion and food — for voracious Gen Z and millennial consumers, engaging and mobilizing an audience of over 52 million UVs per month (comScore).
With RatedRed.com, geared at heartland millennials, and Seriously.TV, a tongue-in-cheek comedic take on of-the-moment news, Complex Networks is building an influential collection of brands, through best-in-class video and social content.
“Our partners at Verizon and Hearst respected what we have built with Complex and are now entrusting us with this immense opportunity to bring all of these brands together to build the biggest and best collection of vertical voices of tomorrow,” Antoniello said. “By combining the resources and assets of our parent companies — with unparalleled offerings in mobile ad and video technology, as well as premium content production — with the differentiation and growth of RatedRed, Seriously.TV and Complex, you’re looking at a set of digital video networks that will continue to grow production, distribution, and monetization of must watch programming for an audience that is as massive as it is engaged.”
Shares of ON Semiconductor Corp (NASDAQ:ON) ended Thursday session in green amid volatile trading. The shares closed up +0.26 points or 2.21% at $12.04 with 11.69 million shares getting traded. Post opening the session at $11.95, the shares hit an intraday low of $11.87 and an intraday high of $12.22 and the price vacillated in this range throughout the day. The company has a market cap of $5.09 billion and the numbers of outstanding shares have been calculated to be 415.55 million shares.
On September 20, 2016 ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, continues to strengthen its position in low-light imaging solutions for industrial markets with the introduction of new products based on interline transfer electron multiplying charge-coupled device (IT-EMCCD) technology.
The new 8-megapixel KAE-08151 image sensor is the second device to use the company’s IT-EMCCD technology, delivering the same sub-electron noise floor and imaging versatility as the existing 1080p resolution KAE-02150 image sensor. With a 22 millimeter diagonal (4/3 optical format) that matches the imaging path of professional microscopes, the KAE-08151 directly targets high resolution microscopy and scientific imaging applications operating in lighting regimes that can range from sub-lux to bright-light imaging. In addition, a new packaging option is available for both devices in this family, which incorporates a thermoelectric cooler (TEC) directly into the package design. This integrated cooler simplifies development of a cooled camera that optimizes the performance available from these devices.
“The compelling combination of performance and flexibility provided by IT-EMCCD technology is providing significant benefits for low-light imaging across key industrial imaging applications,” stated Herb Erhardt, Vice President and General Manager, Industrial Solutions Division, Image Sensor Group at ON Semiconductor. “By expanding our product portfolio with a new resolution node and options that simplify the integration process for camera manufacturers, end customers will be presented with even more ways to leverage the advantages of this unique technology.”