Anova and AOptix to Collaborate on Low-Latency Wireless Network

AOptix, a Campbell, California-based company that leverages optics for wireless communications, and Anova Technologies, a Chicago-based builder of low-latency networks, have formed a strategic partnership to deliver low-latency wireless communications networks specifically for the financial industry.

Anova will be responsible for the sales and marketing, network design, and operations, while AOptix will provide technology and equipment.

"Other wireless technologies currently used by the financial industry have critical limitations," says Dean Senner, chairman and CEO of AOptix. "AOptix' solution incorporates a set of disruptive technologies that deliver a combination of benefits the financial market requires and no one else can match-multi-gigabit bandwidth, long link distance, ultra-low latency and carrier grade availability. AOptix technology represents the future of wireless communications which will benefit financial services and many other markets."

The first network developed under the partnership will be rolled out in the New York/New Jersey metro region and later expanded to other major financial markets around the world. The companies expect to complete deployment of the New York/New Jersey route in the first half of 2013.