Lisasoft acquires Velsys

Source: Lisasoft

The LisaSoft group (Australia) has today completed the acquisition of all remaining shares of Velsys Ltd. Velsys is a leading provider of e-FX trading software both as a service and in-house licensed platform.

Lisasoft will continue to operate Velsys as a separate business from London (UK) but will provide significant cutting edge Java software development and Virtual machine infrastructure technologies from offices in Sydney, Melbourne and Adelaide in Australia.

The CEO of Lisasoft Terry Collins says; "This will give Velsys significantly more skills and resources to evolve the product offering and expand their customer base in Europe and Asia."

"Lisasoft has considerable experience with the development process needed for world-wide collaborative development of software that will enable Velsys to respond to the fast paced V-FX functionality improvements required and demanded by their customer base."

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