NetQoS continues to grow through a combination of in-house innovation as well as strategic acquisitions to help customers understand how applications are performing across their global networks
AUSTIN, Texas (PRWEB) June 3, 2008
NetQoS acquired substantially all assets of Helium Systems for cash, including its customer base and TradePVR monitoring technology, which has been renamed NetQoS Trade Monitor. The acquisition makes NetQoS the first vendor to offer a passive Financial Information eXchange (FIX) monitoring product with a comprehensive network and application performance management suite (see today's separate announcement: NetQoS Introduces Trade Monitor for FIX Financial Protocol Monitoring).
"NetQoS continues to grow through a combination of in-house innovation as well as strategic acquisitions to help customers understand how applications are performing across their global networks," said Joel Trammell, NetQoS CEO. "The addition of NetQoS Trade Monitor via the Helium Systems acquisition increases the value we bring to the financial services industry by providing the data needed to solve electronic trading issues across low latency architectures before they impact the business."
Helium Systems' founder, president, and chief architect, Alex Malone, is now a part of the NetQoS engineering organization focused on future development of the NetQoS Trade Monitor product.
"As electronic trading volumes continue to rise and short-term advantages such as DMA and proximity are neutralized, the key technological differentiator going forward will be comprehensive performance management. And nobody understands that better than NetQoS," said Malone. "With a keen focus on performance management along with outstanding sales and support and a large base of financial services customers, NetQoS will build on the vision of Helium Systems by innovating around the Trade Monitor product."
About NetQoS Inc.
NetQoS provides network and application performance management software and services that improve application delivery across the world's most complex networks. More than 800 service providers, government agencies, and large enterprises – including half of the Fortune 100 – use the NetQoS Performance Center to monitor application service levels, troubleshoot problems quickly, and plan for change. Representative NetQoS customers include Chevron, Lockheed Martin, American Express, Hilton Hotels, Siemens, Boeing, Deutsche Telekom, NASA, and Barclays Global Investors. Headquartered in Austin, Texas, NetQoS has R&D centers in Austin and Raleigh, N.C., and regional sales offices in London and Singapore. For more information, visit http://www.netqos.com or call (877) 835-9575.
RSS Feed to NetQoS Press Releases: http://feeds.feedburner.com/NetqosPressReleases
NetQoS is a registered trademark of NetQoS Inc. All other trade names, trademarks, and registered trademarks are the property of their respective owners.