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IBM Acquires InfoDyne to Create Platform for Market Data Delivery
April 29, 2008 - IBM acquired InfoDyne Corporation, a privately held software company based in Park Ridge, Illinois.
InfoDyne is a leader in high-speed platforms and data feed connectors. Combined with IBM's WebSphere technology it will help clients extend transactional integrity to low-latency environments.
InfoDyne provides software designed to enable trading firms and other venues to process exploding data volumes at microsecond response rates. InfoDyne's market data delivery platform and feed handler portfolio take data from hundreds of sources and deliver it in a standardized format, helping customers to control escalating data feed costs.
"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," said Tom Rosamilia, general manager, IBM WebSphere.
Combined with InfoDyne, IBM now offers a comprehensive software portfolio to address the need for real-time and ultra-high speed data delivery and consumption.
InfoDyne products will become part of the IBM Software Group WebSphere software brand.
This piece is brought to you by the DM Review editorial staff.
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