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Archive for: April 29, 2008

Apr 29, 2008

IBM Acquires M&A Client, InfoDyne, to Create World-Class Platform for Market Data Delivery

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IBM (NYSE: IBM) today announced it has acquired M&A client, InfoDyne Corporation, a privately held software company based in Park Ridge, Illinois. InfoDyne is a leader in high–speed platforms and data feed connectors which combined with IBM’s WebSphere technology will help clients extend transactional integrity to low–latency environments. Financial details were not disclosed. InfoDyne provides software that is designed to enable today’s highly competitive trading firms and other venues to process exploding data volumes at microsecond response rates. InfoDyne’s market data delivery platform and rich feed handler portfolio take data from hundreds of sources and deliver it in a standardized format,…

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