InvenSense, Inc. (NYSE: INVN) is on The StockGuru Leader Board today. The stock closed up 7.48% on Monday.
Volume was 3,694,035 shares traded.
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About the Company:
InvenSense, Inc. designs, develops, markets, and sells micro-electro-mechanical systems (MEMS) gyroscopes for motion processing solutions in consumer electronics. The company delivers next-generation motion processing based on its advanced multi-axis gyroscope technology by targeting applications in video game devices, handsets and tablet devices, digital still and video cameras, digital television and set-top box remote controls, 3D mice, portable navigation devices, and household consumer and industrial devices. Its products include MotionProcessing units (MPUs) and inertial measurement units (IMUs), which enable three-axis and six-axis functionality by integrating multiple sensors, as well as advanced DigitalMotion processor (DMP) functionality. InvenSense?s IMU-3000 products combine the three-axis MEMS gyroscope with the DMP and a secondary input port that interfaces with third party digital accelerometers to deliver a six-axis SensorFusion output to the host processor; and MPU-3000 products add MotionProcessing library (MPL) to deliver motion processing functionality. The company also offers single and multi-axis gyroscopes to measure rotation motion around one or two axes and provide the results through an analog output. It sells its products to manufacturers of consumer electronics devices, original design manufacturers, and contract manufacturers through direct sales organization and non-stocking distributors worldwide. The company was founded in 2003 and is headquartered in Sunnyvale, California.
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