On Friday, Shares of Intersil Corp (NASDAQ:ISIL), subtract -0.36% and closed at $22.04 in the last trading session. The last trading range of the stock ranges between $22.03 and $22.12. The company’s Market capitalization is $2.98 Billion with the total Outstanding Shares of 135.50 million. During the 52-week trading session the minimum price at which share price traded, registered at $10.67 and reached to max level of $22.76. Intersil Corporation designs and develops power administration and precision analog integrated circuits (ICs) for applications in the infrastructure, industrial, automotive, military, aerospace, computing, and consumer markets. The company offers various power IC solutions for battery administration, processor power administration, and display power administration, counting power regulators, converters, and controllers, in addition to integrated power modules. It also provides precision analog components, such as amplifiers and buffers, proximity and light sensors, data converters, optoelectronics, video decoders, and interface products.
ARRIS International plc (NASDAQ:ARRS), jumped 6.77% and closed at $29.65 in the last trading session. The last trading range of the stock ranges between $28.00 and $29.70. The company’s Market capitalization is $6.04 Billion with the total Outstanding Shares of 190.68 million. During the 52-week trading session the minimum price at which share price traded, registered at $20.05 and reached to max level of $32.93. ARRIS International plc (ARRS) declared recently that izzi Telecom deployed the ARRIS ME-7000 Converged Compression Platform in its cable TV operation in Mexico. Through ARRIS’s platform, izzi will deliver new HDTV programming to its subscribers and increase bandwidth efficiency, making spectrum available for additional services.
The ME-7000 provides izzi with the industry’s most advanced hardware-accelerated video compression system. The platform delivers a high-quality performance that’s compatible with recently’s broadcast services while enabling the provision of tomorrow’s IP and multi-screen services.
izzi will benefit from the lowest total cost of ownership available from a single compression platform, coupled with the ability to deliver more, higher-quality channels to more subscribers, across multiple devices. The ME-7000’s modular and scalable design also supports future upgrades to HEVC and Ultra HD services—counting 4K and HDR—at densities and performance levels unachievable through software encoding solutions.
ARRIS Global Services configured and tested the system—achieving the highest video signal quality and efficiency by advising on multicast, IP, and MPEG delivery schemes, and ensuring service continuity through a redundant configuration.
On the otherhand Goldman Sachs Group Inc (NYSE:GS), jumped 1.60% and closed at $169.83 in the last trading session. The last trading range of the stock ranges between $166.24 and $196.98. The company’s Market capitalization is $69.96 Billion with the total Outstanding Shares of 405.46 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $138.20 and reached to max level of $199.90. Marlin & Associates declared recently that its client, BillingTree, has accomplished a majority recapitalization with Parthenon Capital Partners in partnership with BillingTree’s senior administration team. BillingTree is a leading provider of omni-channel, integrated payments solutions to the healthcare, ARM and financial services industries. Parthenon is a growth-oriented private equity firm that partners with and invests in leading administration teams and their companies. Marlin & Associates, a boutique investment banking and planned advisory firm and an practiced advisor to financial technology companies, acted as exclusive planned and financial advisor to BillingTree in the transaction.
Headquartered in Phoenix, Arizona, BillingTree® was established in 2003 to meet the market’s growing need for a vertically-focused provider of integrated payments solutions. Serving the healthcare, ARM and financial services sectors, the Company has practiced noteworthygrowth over the past few years, growing payment volumes at a compounded rate of nearly 40% per annum since 2013.