LONDON, UK / ACCESSWIRE / April 12, 2018 / Active-Investors.com has just released a free research report on Calix, Inc. (NYSE: CALX). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/'symbol=CALX as the Company's latest news hit the wire. On April 10, 2018, the Company announced the signing of a strategic multi-year partnership with Infosys Ltd (NYSE: INFY), aimed at accelerating the communications service provider (CSP) adoption of Calix's Software Defined Access (SDA) platform - AXOS. Both Companies plan to together co-create new services and value-added offerings on the AXOS platform. Register today and get access to over 1000 Free Research Reports by joining our site below:
www.active-investors.com/registration-sg
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Calix and Infosys most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
www.active-investors.com/registration-sg/'symbol=CALX
www.active-investors.com/registration-sg/'symbol=INFY
The financial and other details of the partnership agreement were not disclosed.
Key Highlights of the Partnership
Calix's AXOS platform provides a unified access network. The AXOS platform enables CSPs to boost service velocity, eliminate service disruptions, and reduce operational complexity with its software defined architecture. AXOS is a standards-based, modular software platform, and Calix is working on creating a vibrant ecosystem for the AXOS platform. It plans to rapidly extend and expand the current capabilities so that the AXOS platform can meet the evolving needs of the CSPs.
Calix and Infosys will work together to co-create new services and value-added offerings on the AXOS platform. Infosys has been tasked with the development of new software modules for the AXOS platform. Infosys also plans to take the AXOS platform equipped with new capabilities to its own CSP customers.
By joining hands with Infosys, Calix will be able to expand its offerings and reduce time to market the new capabilities on the AXOS platform. This will help CSPs to accelerate deployments of next generation access networks. The new software modules on the AXOS platform will help CSPs to reduce network operating costs, improve network intelligence, and deliver improved subscriber experiences.
According to Calix, over 200 of its customers are currently using the AXOS platform, including Verizon Communications Inc. (NYSE: VZ).
Comments from Management
Sharing his views on choosing Infosys as a strategic partner, Carl Russo, President and Chief Executive Officer (CEO) of Calix said:
"To have a global technology leader like Infosys be our first co-creation partner is an honor and it speaks directly to the dramatic leverage our customers get when they deploy the AXOS platform. Infosys shares our vision for the future of the universal, unified access network, and understands the value of a collaborative, standards-based, and open approach to innovation."
Ravi Kumar, President and Deputy Chief Operating Officer (COO) of Infosys added:
"We are evolving our business model by partnering with innovators such as Calix, that can leverage our market scale, unparalleled expertise, and deployment capabilities to help our customers digitize their businesses. For our CSP customers, we will extend the capabilities of AXOS to help them remain essential to their subscribers. Ultimately, our goal is to help them transform their access and subscriber networks, evolve their business models, and generate entirely new revenue streams."
About Calix Inc.
Petaluma, California-based Calix is a leading global provider of the cloud and software platforms, systems, and services required to deliver the unified access network and smart premises. Innovative CSPs use the Company's platforms to master and monetize the complex infrastructure between their subscribers and the cloud. The Company's platforms and services help its customers in building the next generation networks by adopting a DevOps operating model, which enables them to optimize the subscriber experience by leveraging big data analytics and turn the complexity of the smart home and business into new revenue streams.
About Infosys Ltd
Bengaluru , India-based Infosys is a global technology services and consulting Company focused on bringing to life great ideas and enterprise solutions that drive progress of its clients. The Company helps clients in 45 countries to create and execute strategies for their digital transformation. Its global team of 200,000+ innovators are equipped with imagination, knowledge, and experience in various industries and technologies. The Company helps its clients to find the right problems to solve effectively in diverse sectors, ranging from engineering to application development, knowledge management, and business process management. The Company had 84 sales and marketing offices and 116 development centers across the globe as on March 31, 2017.
Stock Performance Snapshot
April 11, 2018 - At Wednesday's closing bell, Calix's stock slightly climbed 0.72%, ending the trading session at $6.95.
Volume traded for the day: 69.33 thousand shares.
Stock performance in the last month - up 0.72%; previous three-month period - up 23.01%; past twelve-month period - up 7.75%; and year-to-date - up 16.81%
After yesterday's close, Calix's market cap was at $367.45 million.
The stock is part of the Technology sector, categorized under the Communication Equipment industry.
Active-Investors:
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active-Investors
