Perseus Shores Up LatAm Presence with ETradeLab Deal

A Brazilian flag on a building in Sao Paulo
Perseus's acquisition is in response to growing demand for hosted, low-latency processes in Latin America.

Post-acquisition, the firms will fully integrate ETradeLab's hosting solutions with the ultra-low-latency networks Perseus offers to clients. Perseus says the deal reflects increasing interest in South and Central America markets that are becoming risk- and connectivity-aware, particularly Brazil, Peru, Chile, Panama, and Colombia.

"Perseus brings innovation and high performance networks at fair prices due to its strong portfolio that allow customers to increase revenues while reducing operating costs. The Latin American region's continuing market growth requires such building blocks for optimum time-to-market and even faster development; Perseus has the DNA to deliver them allied to ETradeLab's local market knowledge," says Marcos Guimarães, founder of ETradeLab, whose new role will be president of Perseus Telecom, Brazil.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here