- Verizon Communications Inc (NYSE:VZ) has acquired the location-responsive solutions provider, Senion.
- The financial terms of the transaction remain undisclosed.
- Senion’s advanced machine-learning sensor fusion technology delivers sub-meter accuracy for precise positioning and navigation of indoor spaces.
- The acquisition expanded Verizon’s location-based technology offerings, empowering companies to locate and understand the movement of people, machines, and IoT-enabled items within any space. Additionally, Senion’s innovative space solution, combined with analytics and an interactive dashboard, can help companies improve the utilization and productivity of their physical spaces.
- Verizon held $10.2 billion in cash and equivalents as of Mar. 31, 2021.
- Price action: VZ shares traded higher by 1.01% at $56.38 on the last check Monday.
SmartFinancial Q2 EPS $0.61, Inline
SmartFinancial (NASDAQ:SMBK) reported quarterly earnings of $0.61 per share which met the analyst consensus estimate. This is a 1.67 percent increase over earnings of $0.60 per share from the same period last year.
