Vhayu Technologies Acquired by Thomson Reuters

Aug 04, 2009

Vhayu Technologies announced that it has been acquired by Thomson Reuters. Vhayu is a provider of enterprise tick data solutions with over 70 customers worldwide. Through its patented Velocity and Squeezer technologies, Vhayu combines software and hardware to provide competitive advantages by enabling faster and smarter trading decisions for financial firms concerned with the processing and storage of market data. The terms of the deal for privately-held Vhayu were undisclosed. 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.