Benzinga | Jun 17, 2021 12:23PM EDT

Analog Devices Launches Long-Reach Industrial Ethernet Offerings

* Analog Devices Inc (NASDAQ:ADI) expanded its ADI Chronous Industrial Ethernet portfolio with solutions that ensure long-reach Ethernet connectivity from the edge to the cloud and allow real-time configurability lower energy consumption and increased asset utilization.

* The new ADI Chronous offerings support the 10BASE-T1L physical layer Ethernet standard allowing new data streams from edge nodes in remote and hazardous locations across process and building facilities.

* Price action: ADI shares traded higher by 0.13% at $166.23 on the last check Thursday.