On Tuesday, Shares of Teradyne, Inc. (NYSE:TER), added 0.43% and closed at $23.44 in the last trading session. The last trading range of the stock ranges between $23.16 and $23.70. The company’s Market capitalization is $4.85 Billion with the total Outstanding Shares of 202.84 Million. Avere Systems, a leading provider of hybrid cloud facilitatement solutions, declared recently that Teradyne ( NYSE : TER ), the leading supplier of automation equipment for test and industrial applications, uses Avere’s FXT Edge filers to meet the pace of development and large-scale infrastructure requirements for its global engineering team. Avere facilitates Teradyne to scale out production and increase storage capacity using the cloud, ensuring that, in spite of unpredictable workload demand, IT infrastructure never becomes a production bottleneck.
With innovation at the core of both its own and client businesses, Teradyne strives to develop ground-breaking engineering solutions for the most challenging test issues, placing strain on its IT infrastructure. When faced with a large engineering project, which called for a 50 percent increase in compute power in addition to raised storage, Teradyne turned to Avere to assist it deliver on performance demands. Upon deploying an Avere FXT cluster, Teradyne right away saw a reduction in compile and simulation runtimes, in addition to a three-time increase in sustained workload and up to a seven-time peak workload.
Seadrill Ltd (NYSE:SDRL), DROPPED -2.88% and closed at $2.02 in the last trading session. The last trading range of the stock ranges between $2.01 and $2.11. The company’s Market capitalization is $1.06 Billion with the total Outstanding Shares of 508.76 Million. Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells. Its drilling contracts regardingsemi-submersible rigs and drillships for harsh and benign environments in mid, deep, and ultra-deep waters. The Jack-up Rigs segment offers services, such as drilling, completion, and maintenance of offshore exploration and production wells.