FEATURED VIDEO

Sponsored By:


SLIDE SHOWS
Check out these hot products that keep workers connected, wherever they are.
Solution providers and vendors met up at this year's XChange Government Integrator '08 conference in Washington, D.C. this year to honor the companies that prove that they understand the IT requirements of the public sector.
ChannelWeb picked 15 common beliefs about Microsoft and gave channel partners the opportunity to explain why they're more fiction than fact.
INSIDE CHANNELWEB
techcareers logo Search Jobs:


  

Post Resume|Employers

Recent Post:


Sr Staff Test Engineer
Broadcom seeking Sr Staff Test Engineer in Santa Clara, CA
spacer

IBM Buys Data Integration Software Vendor


By Rick Whiting, ChannelWeb
5:15 PM EDT Tue. Apr. 29, 2008
Moving to strengthen its position in the market for high-volume financial trading systems, IBM has acquired InfoDyne, a privately held developer of high-speed data integration and delivery software. Terms of the deal were not disclosed.

InfoDyne, based in Park Ridge, Ill., and its 14 employees -- including CEO Guy Tagliavia -- will become part of IBM's WebSphere organization, said Tom Rosamilia, general manager of IBM WedSphere, in a teleconference Tuesday. The acquisition is IBM's 69th since the beginning of 2003.

InfoDyne's software is used to provide "low-latency" data integration between transaction processing systems, electronic trading applications and data sources used by stockbrokers, commodity traders and hedge funds. Rapid growth of electronic trading has led to huge increases in the number of transactions and the volumes of data processed by such systems. "We've seen an explosion of this type of data in recent years," Rosamilia said.

"We think [InfoDyne] complements what we already have in this space," Rosamilia said on the conference call. InfoDyne's software complements a number of IBM's WebSphere data integration and delivery systems, including WebSphere Front Office for Financial Markets, WebSphere MQ Low Latency and WebSphere DataPower appliances.

IBM said the InfoDyne acquisition further supports the company's strategy of building a broad portfolio of software products for high-speed data integration and delivery. In January IBM bought AptSoft, now part of the WebSphere Business Events line, that supports event processing and business applications such as algorithmic trading.


RATE THIS ARTICLE Worse 1 2 3 4 5 Better
CHANNELWEB MARKETSPACE >> (Sponsored Links)
RELATED BLOG >>
Photo
Microsoft Chairman Bill Gates showed how a wall can become a touch screen computing interface this week at the company's annual CEO Summit in Seattle.
ADVERTISEMENT




CHANNEL SERVICES >>