04/29/2008

IBM just announced that it has acquired InfoDyne Corporation, a privately-held software company based in Park Ridge, Illinois, that is a leader in high speed data integration and delivery.

ebizQ received the following details:

InfoDyne provides software that is designed to enable today’s highly competitive trading firms to process exploding data volumes at microsecond response rates. InfoDyne’s market data delivery platform takes data from hundreds of sources and delivers it in a standardized format, helping customers to control escalating data feed costs.

The widespread adoption of electronic trading has driven exponential growth in transaction and data volumes. Today, an estimated four billion shares per day trade on the New York Stock Exchange, NASDAQ and regional exchanges, six times the volume on these same exchanges five years ago.

Combined with IBM's current software portfolio, this acquisition will allow IBM to help financial services companies track, consume and react to changing market conditions in real time.

This is the 69th acquisition IBM has made since the beginning of 2003.