Intel Has Finally Succeeded In Acquiring Altera

Intel has completed the acquisition of Altera for $16.7 billion

Intel Corporation has finally struck a massive deal where the company has completed its biggest acquisition ever. This acquisition was in compliance with Chief Executive Officer Brian Krzanich’s plan to make use of new initiatives to expand the company’s business.

The company has acquired Altera Corp. for almost $16.7 billion making the company known for its microprocessors being used in computers. Intel will be made as the second largest manufacturer if chips that can be programmed even after they leave the factory vicinity. The chips by Altera are used in several devices that encompass networking equipment, a genre that Intel has just decided to target.

However, Intel now is more devoted to serve the tech giants such Microsoft Corporation, Facebook Inc. and Google Inc. that are dependent on INTC’s Xeon processor. It is now become extremely difficult to cope up with the needs due to the company’s conventional practice of having more transistors present on a single silicon chip.

Tech companies like Microsoft want fast performance to cope up for tasks such as web based services by testing the Intel processors that are augmented with chips being retailed by Altera termed as FPGAs- in simpler words field programmable gate arrays. The top most priority of Intel after getting done with Altera deal is to get done with the concept.

The Vice President of Intel, Mr. Wendell Brooks is taking care of the mergers and acquisitions believe that the first initiative can actually churn in 30% to 50% improvement in terms of speed for its processors and the FPGAs separately. By linking both the functionalities that will not happen till 2016 resulting in making the performance two times better as stated. According to him the combination will result in massive benefits for works like facial recognition which will require computers to go “through hundreds of millions of images to find matches.”

Intel is betting on its production based technology that can assist in offering integrated products and services to the industry at a fast pace. Likewise it also wishes to improve the Apple products and with it aim of luring in sales from its rival Xinlinx Inc., “The biggest impact of the deal is the way Intel can bring its manufacturing process to the FPGA business,” claimed Mr.  Mark Hung, who is an analyst at Gartner Inc.

Hence the company’s acquisition is massive but will help them to gain a huge market share in the long run and making a mark in the industry.

Caesars Entertainment Corporation Stock Update

On November 16, 2015 a short term target price of $10.5 was estimated for Caesars Entertainment Corporation by two analysts. As per the calculations of those stock experts, the target price might fluctuate by $0.71 maximum from its predicted target price. The target price however might be seen hit a high level of $11 or could possibly go as low as $10.

A number of brokerage firms have continued to give their rating of Caesar stock. According to the ratings of two of these such firms, the current rating stands at 5 while analysts at another research and financial services firm called Zacks has ranked the stock of the entertainment company at 3. According to the initial rating of 2, the stock is a Strong Sell while as per the latter rating the stock is at a Hold in the short term.

At the trading session on Tuesday, Caesar Entertainment’s shares were being trading in a highly volatile market, closing down at a decrease of $3.46%. The shares were called off at a share price of $7.67. Throughout the trading session, the share price kept fluctuating between an intraday high of $7.88 and intraday low of $7.45 after been commenced at a share price of $7.88. The market capitalization of Caesar’s at this point is $1.15 billion.

The Nevada based business reported earnings per share of 34.09 and price to earnings ratio of 0.22. In the current quarter, the worldwide gaming business had actual sales of $1141 million. The next earnings by the company will be reported on March 7, 2016. Currently, the outstanding shares in the company are 145 million shares. The EPS growth of the company this year was of $14.10%.

The company’s net money cash outflow was $-1.94 million shares due to which the investors and stockholders start to heavily sell their shares in the company. Total inflows observed by the entertainment company were $0.12 million while posting outflows of $3.23 million. Additionally, Insider Trading (Buying and Selling of shares was also reported by the worldwide gaming company to the Securities and Exchange Commission stating that the company’s Chief Executive Officer had purchased a certain amount of shares of Caesar’s. The total transaction was worth $1,023,076 as he purchased 101,900 shares at a share price of $10.04 per share.

The 52 week high was the company was reported to be $17.39 and the one year low of Caesars Entertainment was $3.3. Along with that, in a time span of three months, the corporation’s stock has went up by 4.21% but has lost 13.24% in the past five trading days and further has lost 3.16% in a month’s time.

Facebook CEO Visits India To Push Internet.org

In an attempt to promopte Internet.org, Mark Zuckerberg makes his way to India.

The chief executive officer at Facebook Inc. Mr. Mark Zuckerberg recently addressed the masses at the Indian Institute of Technology (IIT) where a question answer session was carried out for as long as an hour. During this session Mr. Zuckerberg expressed his plans about the expansion of the social media in India.

The company believes that expansion is possible through Internet.org that they minimize data usage by providing an alternative stripped down version. Currently thev service has almost 1 million subscribers in the Indian market where they have been successful in bring almost 15 million people online.

In the video message, Mr. Zuckerberg has shared the company’s vision where they really want a world where individuals are connected to one another by sharing things to them when online. The idea is to span distances between Facebook users. To make this dream turn into reality, the company has first targeted India that has more than 130 million users on the social media platform. This market has huge growth potential for the company since 1 billion people still do not have access due to the Internet barriers.

He also mentioned in his address that Internet is usually taken for granted where people who don’t have access to the service are missing on a vital commodity. Internet provides information regarding job listing, education and healthcare that can assist people in their development.

Mr. Zuckerberg has a vision according to which if India has the access to Internet then it will give the locals a chance to be enlightened which in result will give birth to a strengthened economy along with spreading awareness. The locals have a lot of experience if when shared can actually be an abundance of valuable information for all those who wish to target a bolstering economy.

Internet.org is currently live in above 24 countries where 15 million people have come online through it. The service is expanding rapidly where a billion more people can benefit from it in the times to come. Moreover, regions where there is already Internet access have shown more usage of the service in India. At this point of time the service is limited to a few regions within India but the company is working towards making it penetrate to a widespread audience.

FB’s interest in India is actually a great sign for the local government bodies since it can result in stabilizing the economy in the times to come.