Summit Wireless Technologies Inc
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Information Technology : Semiconductors & Semiconductor Equipment |
Company profile

Summit Wireless Technologies Inc., formerly Summit Semiconductor, Inc. is an early-stage company that develops and sells wireless audio integrated circuits for home entertainment and professional audio markets. The Company develops and provides semiconductors and wireless audio modules to consumer electronics companies, which transmits and receives audio directly to speakers. Its technologies focus on providing wireless, interference free and uncompressed high-definition audio signals. Its subsidiaries include Summit Semiconductor, Inc., Summit Semiconductor K.K., and WiSA, LLC.

Postmarket

Last Trade
Delayed
$2.35
-0.06 (-2.49%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$2.41
Day's Change
-0.22 (-8.37%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
2.54
Day's Low
2.29
Volume
(Average)
Volume:
464,301

10-day average volume:
425,464
464,301

HPE Supports Growing Demand for Remote Workforce Rollouts in Wake of COVID-19 Impact

7:45 am ET April 2, 2020 (BusinessWire) Print

Hewlett Packard Enterprise (HPE) today announced a series of initiatives to help customers and support business continuity in the wake of COVID-19. Recognizing the growing need to deploy or scale remote workforce infrastructure to meet stay-at-home and social distancing policies, HPE is releasing a more powerful virtual desktop infrastructure (VDI) solution, and offering flexible financing terms and new pre-configured solutions to increase flexibility and accelerate delivery for customers. HPE's range of VDI solutions, advisory services and financing enable customers to rapidly design and tailor their VDI rollouts to meet users' needs, keep their network secure and conserve capital.

Available now, HPE Financial Services is offering new, innovative financial and asset lifecycle options including short-term rentals and 90-day payment deferrals on VDI solutions.(1) HPE VDI solutions are also available as-a-Service through HPE Greenlake to support customers who require financial flexibility in their remote workforce roll out.

HPE is also offering new, pre-configured VDI solutions to support small, medium and enterprise customers. Built on either HPE ProLiant or HPE Synergy servers, these solutions can start as small as 80 users and scale to over 2,000 remote workers and are designed for Citrix and VMware environments.

HPE also announced today a new, higher-performing VDI solution to support power users working remotely. HPE Moonshot now ships with the new HPE ProLiant m750 Server Blade and delivers more than a 70% performance advantage and consumes 25% less power than the previous generation.(2) In virtualized desktops and applications where density and efficiency are paramount, the new HPE ProLiant m750 Server Blade can support nearly 33% percent more remote workers on 25% less power.(3)

"The urgent global response to COVID-19 has pressured our customers to rapidly implement and expand secure, remote work options for their organizations. I'm proud that our team at HPE is delivering a breadth of solutions, services and expertise to help our customers support their employees and operations during this critical time," said Gerald Kleyn, vice president and general manager of Moonshot, Edge and IoT Systems at HPE. "Our infrastructure solutions, which provide industry-leading remote management, security, and automation capabilities, help businesses quickly deliver virtual workspaces to their remote staff."

The new virtualized solutions can be easily accessed and managed virtually, to power a range of remote use applications in markets like banking, healthcare and education. These applications include electronic trading, telemedicine, support for remote workers in temporary medical facilities, and e-learning for digitized classrooms and curriculums. The remote support capabilities of HPE's VDI solutions have been essential to customers recently, including a large banking institution in New York that is required by local government to have staff work from home during the COVID-19 pandemic, and a hospital chain in Switzerland that is expanding its remote IT staff to manage its infrastructure for critical medical systems.

HPE's fleet of virtual desktop infrastructure and digital workspace solutions are built to deliver secure, efficient access to applications and data and are designed to support a wide range of user requirements across healthcare, government, financial services, education, manufacturing and retail.

HPE also offers a range of advisory and professional services to assist customers to design, deploy and manage their remote work force initiatives, and was recently recognized as a leader in IDC's first Worldwide Digital Workspace Services Marketscape. With hundreds of digital workplace experts globally, delivering over 500 projects per year, HPE has deep expertise in helping organizations establish secure, reliable connectivity for remote workers, quickly implementing remote workplace options with partners such as Microsoft and Citrix, and enabling workforces to quickly adapt to remote workplace tools and practices.

Additional resources

Blog: HPE is Here to Help: Business Continuity in Our New Normal Free advanced remote management access with HPE iLo Advanced trial license to unlock management features needed to securely configure, optimize, and support servers powering business needs Availability: Customers can check with their local HPE sales or authorized HPE reseller for availability in their country

HPE is committed to helping communities, customers, and partners during this time of global uncertainty. HPE is applying its time, talent, resources, and technology to address the challenges presented by COVID-19. To learn more please visit the HPE COVID-19 microsite outlining these initiatives, and see the latest blog from Antonio Neri, HPE President and CEO.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise is the global edge-to-cloud platform-as-a-service company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way we live and work, HPE delivers unique, open and intelligent technology solutions, with a consistent experience across all clouds and edges, to help customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com.

Financing and service offerings available through Hewlett-Packard Financial Services Company and its subsidiaries and affiliates (collectively HPFSC) in certain countries and is subject to credit approval and execution of standard HPFSC documentation. Rates and terms are based on customer's credit rating, offering types, services and/or equipment type and options. Not all customers may qualify. Not all services or offers are available in all countries. Other restrictions may apply. HPFSC reserves the right to change or cancel this program at any time without notice. 70% performance advantage based on previous generation and tested via Login VSI for VDI performance testing Support for 33% percent more remote workers on 25% less power is based on previous generation

View source version on businesswire.com: https://www.businesswire.com/news/home/20200402005096/en/

SOURCE: Hewlett Packard Enterprise

Nahren.Khizeran@hpe.com 
Nahren Khizeran, HPE

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