Fidessa bags LatentZero for £63 million

In a deal that both sides say will add value to their business, LatentZero will continue to operate independently as a wholly-owned subsidiary of the Fidessa group.

"I have felt for some time that this would be the next natural strategic move for us within the marketplace," LatentZero's co-founder and chief executive Richard Jones told Buy-Side Technology. "Fidessa is an organisation we've known for some time and they happen to have a lot of the things that we would be looking to put in place

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