Exegy, Vela merge; say scale will fuel further acquisitions

The deal will create growth synergies between the vendors' trading systems, and provide an execution capability based on Exegy's trading signals.

road-merge

Hardware ticker plant appliance vendor Exegy and low-latency datafeed and execution software vendor Vela Trading Systems have closed a deal to merge under the Exegy brand, which will see the companies integrate their hardware and software solutions, expand their trading-related offerings to new asset classes, and potentially acquire other companies, officials say.

The deal is backed by private equity firm Marlin Equity Partners, which has taken over Newspring Capital’s ownership of Exegy, and

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 [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: