Feeds

German software giant plucks London software outfit

my-Channels is now Software AG's

Beginner's guide to SSL certificates

Software AG has hoovered up a UK-based messaging software developer founded by a bunch of Deutsche Bank alumni.

The German enterprise software vendor has bought out 13-year old London-based my-Channels for a sum reportedly in the low double digits of million euros.

my-Channels' "extremely fast (low latency) messaging software" - Nirvana - will be integrated into Software AG's platform to create a "unique universal messaging layer", the German firm said.

Striving for a hat-trick of industry buzz words, Software AG said this would be a major step in its "strategy for the in-memory management of big data" and would allow customers to stream large volumes of data to anyone, anywhere and on any device. A sort of Martini Rosso of messaging platforms, if you will.

my-Channels was founded in 1999, and has its roots squarely in the work of finance technology. Key staff, including CEO Paul Brant, COO Eddie McDaid, and architect Matthew Buckton, previously worked at Deutsche Bank.

It claims its platform is capable of "streaming hundreds of thousands of messages to many thousands of clients within microseconds" and that it is used by banks accounting for 40 per cent of the global foreign exchange market. The technology should find its way into Software AG's platform by the end of this year.®

Security for virtualized datacentres

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
CAGE MATCH: Microsoft, Dell open co-located bit barns in Oz
Whole new species of XaaS spawning in the antipodes
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
AWS pulls desktop-as-a-service from the PC
Support for PCoIP protocol means zero clients can run cloudy desktops
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.