IBM Acquires InfoDyne
By:
Biztech2 Staff
| Apr 30,2008
IBM has announced that it has acquired InfoDyne Corporation. InfoDyne is a company that deals with high-speed platforms and data feed connectors.
"IBM is working with the world’s top financial firms on both the buy-side and sell-side, and with infrastructure providers and regulators, to help them adapt to the escalating volume and speed demanded by an increasingly automated and globally integrated industry" said Tom Rosamilia, general manager, IBM WebSphere. "The addition of InfoDyne’s capabilities strengthens IBM’s product portfolio in providing an exchange-neutral platform, with high-speed connectivity that gives firms faster access to market data, accelerates their ability to execute and complete trades, and enhances the flexibility required to comply with both current and future regulations."
"InfoDyne was founded on the principle of using technology to ensure zero tolerance for latency and has developed a platform and supporting software and services specifically designed to provide a competitive advantage to market traders" said Guy Tagliavia, CEO, InfoDyne Corporation. "The combination of InfoDyne and IBM will result in one of the most powerful software and services offerings for market traders in the financial services industry."
InfoDyne products will become part of the IBM Software Group WebSphere software brand.
"IBM is working with the world’s top financial firms on both the buy-side and sell-side, and with infrastructure providers and regulators, to help them adapt to the escalating volume and speed demanded by an increasingly automated and globally integrated industry" said Tom Rosamilia, general manager, IBM WebSphere. "The addition of InfoDyne’s capabilities strengthens IBM’s product portfolio in providing an exchange-neutral platform, with high-speed connectivity that gives firms faster access to market data, accelerates their ability to execute and complete trades, and enhances the flexibility required to comply with both current and future regulations."
"InfoDyne was founded on the principle of using technology to ensure zero tolerance for latency and has developed a platform and supporting software and services specifically designed to provide a competitive advantage to market traders" said Guy Tagliavia, CEO, InfoDyne Corporation. "The combination of InfoDyne and IBM will result in one of the most powerful software and services offerings for market traders in the financial services industry."
InfoDyne products will become part of the IBM Software Group WebSphere software brand.
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