On Wednesday, Shares of Orange SA (ADR)(NYSE:ORAN), subtract -1.43% and closed at $14.43 in the last trading session. The last trading range of the stock ranges between $14.38 and $14.50. Orange and Porto Seguro Conecta are collaborating to support IoT (internet of things) projects in Brazil to meet the demand from multinational corporations.
The agreement between the two companies facilitates Orange to provide its global customers with IoT coverage in Brazil through the Porto Seguro Conecta connectivity and mobility platform. Porto Seguro Conecta’s extensive experience in IoT connections in Brazil, used for tracking car and residential alarms and IoT applications, is instrumental for local support, and complements the Orange global footprint.
“Brazil is a strong market for IoT solutions in various sectors, such as utility, consumer appliance and electronic, automotive, medical and financial services. With an eye on this demand, Orange can offer its customers, via Porto Seguro Conecta, a dedicated connectivity service. We are prepared to implement new applications and broadband requirements that are essential to IoT communications,” says James Galli, Head of Porto Seguro Conecta.
“With the key support by our preferred partner Porto Seguro Conecta in Brazil, we at Orange can continue to provide our global IoT solutions, counting fleet and asset administration, payment and Point-of-Sale, smart metering and industrial applications, locally in the country. With a local partner in Brazil, we round out our global footprint, assisting us to continue delivering global IoT solutions to our enterprise customers across a range of sectors. Recently we manage 10 million connected objects for our customers worldwide,” said Emmanuel Routier, vice president, Orange Business Services.
Godaddy Inc (NYSE:GDDY), dropped -0.12% and closed at $33.25 in the last trading session. The last trading range of the stock ranges between $32.97 and $33.52. The company’s Market capitalization is $5.61 Billion with the total Outstanding Shares of 87.47 million. GoDaddy Inc. (GDDY), the world’s leading cloud platform dedicated to small, independent ventures, recently stated financial results for the third quarter ended September 30, 2016.
“GoDaddy turned in another strong quarter, with results again surpassing the top-end of our guidance. I’m particularly happy with the advancements we’ve made in both new product introductions, and how we serve our global markets. We’ve proven our ability to successfully scale the business, delivering compelling products and experiences that will continue to grow our business over the long term,” said Blake Irving, GoDaddy Chief Executive Officer.