On Friday, Shares of Hewlett Packard Enterprise Co (NYSE:HPE), SUBTRACT -0.66% and closed at $22.75 in the last trading session. The last trading range of the stock ranges between $25.59 and $23.29. Samsung Electronics Co., Ltd. and Hewlett Packard Enterprise ( NYSE : HPE ) recently declared a partnership that will provide carriers with integrated network functions virtualization (NFV) infrastructure and virtual network functions (VNF) solutions. This kind of partnershipis critical to both carriers and customers increasingly looking to implement pre-tested and integrated multi-vendor solutions based on an open architecture.
The new partnership brings together two best-in-class solutions, merging Samsung’s carrier network and HPE’s IT telecommunications expertise. Together, the solutions will assist carriers accelerate their transformation from networks built on monolithic, proprietary appliances to more agile cloud-based networks facilitated by NFV.
“Samsung is confident in maintaining its stance as a pioneer in delivering advanced technologies required to lead the next generation market, like open ecosystem based NFV,” said Woojune Kim, Vice President and Head of Strategy Group in Next Generation communication Team at Samsung Electronics. “We see profound potential on joining the HPE OpenNFV Partner Program to ensure various choices for carriers in selecting NFV providers, together with the commercially-proven NFV solution we developed in 2015.”
Morgan Stanley (NYSE:MS), jumped 3.29% and closed at $32.06 in the last trading session. The last trading range of the stock ranges between $31.00 and $32.32. The company’s Market capitalization is $63.31 Billion with the total Outstanding Shares of 1.91 Billion. Morgan Stanley (MS) will declare its third quarter 2016 financial results on Wednesday, October 19, 2016 at about 7 a.m. (ET). A conference call to discuss the results will be held on Wednesday, October 19, 2016 at 8:30 a.m. (ET).
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth administration and investment administration services. With offices in more than 43 countries, the Firm’s employees serve clients worldwide counting corporations, governments, institutions and individuals.