24 February 2017
visit nextgenbanking.co.uk

TS-Associates buys Correlix

30 July 2012  |  3163 views  |  0 handshake

TS-Associates has acquired the assets of latency management service provider Correlix. Financial terms of the deal were not disclosed.

Correlix - which was owned by a group of private equity firms - counts Nyse Euronext and Bats among the customers of its RaceTeam service for monitoring, measuring and reporting order and market data flows in real-time.

TS-Associates says that the Correlix product will be added to its Precision Instrumentation brand, alongside TipOff and Application tap.

TipOff customers will benefit from Correlix's InfiniBand monitoring capability, a wider range of protocol decoders, and a proven managed service delivery capability, says the vendor.

The deal also gives TS-Associates a data centre and more office space in Wall Street as well as an Israeli development centre.

Henry Young, CEO, TS-Associates, says: "Following this acquisition we have all the technology assets required to offer a truly compelling range of Precision Instrumentation capabilities to the market. Correlix developed a competent mature and powerful product."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Caplin and TS-Associates forge market data alliance

Caplin and TS-Associates forge market data alliance

13 March 2002  |  3012 views  |  0 comments
TS-Associates offers hands-on IP Multicast training

TS-Associates offers hands-on IP Multicast training

05 September 2001  |  2631 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)

Who is commenting?

Top topics

Most viewed Most shared
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
12101 views comments | 51 tweets | 72 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
8310 views comments | 40 tweets | 34 linkedin
High rate of defaults hit P2P lending sectorHigh rate of defaults hit P2P lending sect...
6549 views comments | 18 tweets | 13 linkedin
hands typing furiouslyDecoding the Policy Impact of India's Unio...
6422 views 0 | 13 tweets | 2 linkedin
BNY Mellon seeks blockchain experts for new emerging biz and tech teamBNY Mellon seeks blockchain experts for ne...
6283 views comments | 7 tweets | 4 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job