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Article: Orc Software Makes Strategic Acquisition in the FIX Technology Area.
- Article from:
- Business Wire
- Article date:
- December 28, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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STOCKHOLM, Sweden -- Orc Software (STO:ORC) has signed an agreement to acquire Cameron Systems of Australia, the world's leading supplier of Financial Information eXchange platforms (FIX), for a maximum of USD 32 million (SEK 256 million). The acquisition of Cameron gives Orc Software access to leading edge FIX technology and an additional client base of over 170 customers in 25 countries. Cameron has supplied FIX solutions to customers such as CSFB, UBS, Barclays Capital, Nomura Securities, and Bank of America.
The acquisition:
--Orc Software to become a world leading connectivity supplier and thereby strengthening its position as global leader in ...