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THOMSON REUTERS ACQUIRES VHAYU TECHNOLOGIES
Posted August 3, 2009
LOS GATOS, Calif. – Thomson Reuters has announced its acquisition of
enterprise tick data solutions provider VhaYu Technologies, known for
its Velocity and Squeezer technologies, combining software and hardware
to enable faster and smarter trading decisions based on processing and
storage of market data. Terms of the private deal were not disclosed.
Thomson Reuters has been distributing Velocity under the Reuters Tick
Capture Engine label for the last four years. During that time, Vhayu
developers have deeply integrated Velocity software with Thomson Reuters
Market Data System (RMDS) and have devised a single, normalized view for
Reuters Real-Time Data and Reuters DataScope Tick History.
“This acquisition brings together technology and content that will
generate a powerful new class of solutions for financial services
customers,” says Jeff Hudson, CEO at Vhayu. “By deeply and seamlessly
integrating Thomson Reuters valuable content with the analytics and
storage technology of Vhayu, customers will enjoy new solutions that
will greatly expand the value of market data.“
Velocity will be an integral component of the Thomson Reuters
Quantitative and Event Driven Trading solution which provides the
financial community with the necessary tools for pre-trade analytics and
trading strategies.
“Vhayu provides a powerful addition to the Thomson Reuters Enterprise solution stack,” says Jon Robson, President of Enterprise, Thomson Reuters. “Our clients will benefit from this acquisition as a natural enrichment of the proven solutions we deliver for high frequency and advanced quantitative trading, research and analytics. We’re excited to extend the capabilities of our industry leading performance driven data feeds, data management and distribution architecture with Vhayu’s scalable data capture engine. This move further demonstrates Thomson Reuters progressive road map to deliver innovative offerings for clients who run their businesses on our comprehensive suite of content and software services.”
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