ITRS Eyes US, Asia Growth with Carlyle Funding

Kevin Covington, CEO, ITRS

UK-based systems and latency monitoring technology provider ITRS is planning to accelerate its expansion across the US and Asia, as well as the product development roadmap for its Geneos monitoring platform, following the vendor’s acquisition last week by private equity firm The Carlyle Group.

Officials decline to disclose the financial terms of the deal but say that the Carlyle Europe Technology Partners II fund that provided the equity for the acquisition only makes investments valued between

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