Alcatel Lucent SA (ADR) (NYSE:ALU) Plans to Put Together its Application Fluent Network Strategy
Alcatel Lucent SA (ADR) (NYSE:ALU)’s enterprise division has stepped into the SDN market in order to improve network programmability and virtualization.
The company plans to put together its Application Fluent Network strategy with a software-defined networking strategy to enhance user experience as well as operational routines. ALU’s Application Fluent Network Comprises of a large number of routers and switches that are designed to optimize real-time applications running LANs, WANs and in data centers.
The Company’s head said that the Application Fluent Network has the ability to detect virtualized applications and applies a profile-driven policy, which in return forces the network to adjust to virtualized traffic to fulfill the service quality demands. Profile-driven policies include user rules as well as the application and the type of device being used. The Company announced that it will support OpenFlow APIs for SDNs in 2014.
At the close of the trading day, Alcatel Lucent SA (ADR) (NYSE:ALU) shares rose +1.79% to settle at $1.14. Intraday trading was between $1.11 – $1.14. In the past year, the stock has traded within a range of $0.91 – $2.66. The last session’s volume of 17.51 million shares was down from the average daily trading volume of 23.44 million shares.
Ericsson (ADR) (NASDAQ:ERIC) shares were down -2.04% to close at $8.89. The stock traded between $8.89 – $9.02 during the last trading session. In the last 12 months the shares have traded between $8.23 and $10.72. The last session’s volume of 1.63 million shares was a bit lower than their average daily trading volume of 4.10 million shares.
Cisco Systems, Inc. (NASDAQ:CSCO) shares in the last session were up +0.24% closing at $18.96. The stock traded in a range of $18.84– $19.10. In the last year the stock has moved within a range of $14.96 – $21.30. The last session’s volume of 53.08 million shares was up from their average daily trading volume of 40.56 million shares.
Another rival company, Nokia Corporation (ADR) (NYSE:NOK), traded down -5.65% moving to $3.17. Intraday trading recorded the stock price in a range between $3.15 – $3.36. In the previous 52 weeks the stock has traded between $1.63 – $5.87. The last session’s volume of 75.55 million shares was up from their average daily trading volume of 45.28 million shares.