IBM Acquires Infodyne
IBM has acquired InfoDyne Corp., a provider of market data feed handling and integration software.
Infodyne’s TPS+Plus ticker plant provides support for an array of low-latency direct exchange feeds, including those from the NYSE, Nasdaq, Deutsche Borse and the London Stock Exchange, as well as for consolidated feeds such as Reuters RDF and Bloomberg’s B-Pipe.
For its part, IBM offers its IBM Websphere Front Office for Financial Markets and Websphere MQ Low Latency Messaging packages for market data delivery. Referring to the acquisition as a “big play in the low latency space,” IBM’s general manager for Websphere, Tom Rosamilia, says it will provide “great acceleration” in terms of integration of the Websphere products with new datafeeds. Integration of Infodyne’s feed handlers with Websphere MQ Low Latency Messaging will begin immediately, he adds.
Rosamilia says also that integration with Websphere Business Events, an event processing package that came to IBM via its acquistion of Aptsoft in January, is likely, as is integration with IBM’s Websphere Datapower SOA appliances.
Terms of the acquisition were not disclosed, though some 14 employees from Infodyne will join IBM.
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