We are pleased to announce another successful transaction on which Marlin & Associates has advised. Our client New York-based Correlix, a leader in latency management solutions for capital markets participants, was acquired by TS-Associates, a leading supplier of Precision Instrumentation solutions for latency sensitive trading systems.
We are pleased to have been the exclusive strategic and financial advisor to Correlix on this transaction.
Correlix (www.correlix.com), offers a leading latency management service that provides real-time latency visibility for the buy-side, sell-side and liquidity venues. Correlix’s customers rely on the real-time service to monitor, measure and minimize latency in trade execution and market data flows. The company’s global client base encompasses some of the world’s largest high frequency trading firms, sell-side institutions, and market centers as well as low-latency service providers.
The full press release can be read here. We thought you would be interested.