Informatica Corporation yesterday announced that it has completed the acquisition of 29West Inc, a provider of Ultra-Low Latency Messaging (ULLM) technology. According to Informatica, 29West ULLM technology is used by customers to send and receive millions of messages per second with microsecond delivery times for zero-latency data delivery.
"Our acquisition of 29West advances Informatica's technology leadership by providing the industry's first platform for zero-latency data delivery and data integration. The addition of 29West's technology further strengthens our business in financial services, and expands our addressable market with another adjacent category - ULLM," states Girish Pancha, executive vice president, Data Integration Product Division, Informatica. "Our customers will benefit from a single data integration platform that addresses the entire range of data delivery needs including batch, near real-time and instant data delivery."
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