Datacom Systems Trading Solutions (TradeView) purchased by Ixia
Datacom Systems (www.datacomsystems.com), a leading manufacturer of network taps, network packet brokers, data aggregation tools and other network access devices, announced today that the Company’s full portfolio of Trading Solutions has been purchased by network visibility provider Ixia (Nasdaq: XXIA).
Developed specifically for the Financial Services Industry, Datacom Trading Solutions—which includes the revolutionary TradeView™ multicast gap detection measurement tool—provides large-scale, cost-effective solutions for monitoring the transmission and timely receipt of critical market data within today’s fast-paced electronic trading environment. Recognizing this technology as a strategic fit for their current business, Ixia purchased the TradeView division from Datacom in March of 2014.
“Divesting of the TradeView division fits within Datacom's strategic plan of focusing on the Network Packet Broker business,” said Datacom’s Vice Chairman Peter O'Connell. “The TradeView business developed outside of our target market, and I am pleased that we were able to monetize that investment and focus efforts on the larger NPB market.”
Moving forward, Datacom Systems will continue to apply its over 20 years’ experience in developing advanced network access solutions for improved analysis and security applications to support its valued customers.
About Datacom Systems
Datacom Systems is a leading manufacturer of network access solutions. Since the company's founding in 1992, Datacom Systems has built a reputation for quality engineering and unmatched customer service. Datacom Systems equipment covers millions of network segments worldwide and saves its customers millions of dollars in IT expenses each year. The privately held company is headquartered in Syracuse, New York. Visit www.datacomsystems.com.
Ixia develops amazing products so its customers can connect the world. Ixia helps its customers provide an always-on user experience through fast, secure delivery of dynamic, connected technologies and services. Through actionable insights that accelerate and secure application and service delivery, Ixia's customers benefit from faster time to market, optimized application performance and higher-quality deployments. Learn more at https://www.ixiacom.com.