Verizon acquires precise positioning company, Senion

  • Verizon Communications (VZ) acquired location-responsive solutions provider, Senion whose advanced machine-learning sensor fusion technology delivers sub-meter accuracy for precise positioning and navigation of indoor spaces.
  • Through this acquisition, Verizon Communications will expand its location-based technology offerings, empowering companies to better and more safely manage their spaces.
  • "Sensor fusion and indoor positioning are foundational components for these next-generation capabilities. Combining Senion's superior technology with the location-accuracy, speed, throughput and reliability of Verizon Communications 's 5G platform will help us push the boundaries of what's possible," commented Jeff Frantz, Executive Director of Verizon Communications Location Technology.
  • Senion's employees have joined the Location Technology team within Verizon Communications New Business Incubation.

    Over the current book year the company from New York City could achieve a revenue around 133.83 billion USD (consensus estimates). This is slightly more than 2020's revenue of 128.29 billion USD.

    Historical revenues and results Verizon Communications Communications plus estimates 2020

    fundamantele data

    The analysts expect for 2021 a net profit of 20.99 billion USD. The majority of the analysts expects for this year a profit per share of 5.1 USD. So the price/earnings-ratio equals 11.05.

    Huge dividend Verizon Communications Communications

    Per share the analysts expect a dividend of 2.53 USD per share. Thus the dividend yield equals 4.49 percent. The average dividend yield of the telecommunications companies equals a relatively high 6.24 percent.

    Verizon Communications Communications's market capitalization is around 233.18 billion USD. The Verizon Communications Communications stock was the past 12 months quite volatile. Since last June the stock is 11 percent higher. This year the stock price moved between 53 and 62 dollar.

    Historical stock prices Verizon Communications Communications

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    On Friday, the stock closed at 56.38 USD. Nieuwsdienst: +31 084-0032-842

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