Boston, MA 10/29/2013 (wallstreetpr) – Being among the best technology companies in the field Texas Instruments Incorporated (NASDAQ:TXN) widened their lead by introducing their new additions to the Tiva ™ C series Micro-controller (MCU) platform. TXN’s new addition the Tiva TM4C129x MCU’s are the technology industry’s first ARM Cortex ™-M4 based MCU’s with Ethernet MAC+PHY.
The new capability allows customers to create complex highly connected products that bridge the cloud and amplify the ever-growing Internet of Things (IoT). The features-loaded addition to the MCU offer unprecedented number of simultaneous connectivity options, on chip data protection and LCD controller.
Having all these function on one chip helps save immense board space and enable connected advanced applications like home building automation and gateway, connected human machine interface (HMI), networked sensor gateways , security access systems, programmable logic controllers and so much more.
The Kit also includes a Booster pack connectivity that connects directly to the TI MCU LaunchPad ecosystem and to the internet. The latest tools that are mostly expected to help developers have various advantages that will help developers scale new heights in their work that will eventually see users have better and more sophisticated products.
Aside from the impressive tools introduced to the market by the tech giant that will prove of value to developers, the company also announced it will begin trading an ex-dividend on October 29. The company will also pay out a dividend of $0.3 per share to all the shareholders that purchased their stock before the ex-dividend date. The company intends to payout the dividend come November 18, 2013.
The current dividend payout depicts a 7.14% increase over the previous quarter with the current stock price standing at $40.23 which is a 2.4% decrease in value from the company’s 52 week high of $41.22 and a 43.42% increase over the same period low of $28.05.
