NEW YORK, NY -- (Marketwire) -- 08/03/09 -- Marlin & Associates (M&A), the New York-based
boutique investment banking firm specializing in acquisitions and
divestitures of U.S. and international middle-market technology,
information and business services firms, today announced its most recent
transaction. Thomson Reuters has acquired M&A's client, Vhayu Technologies
Corporation. Vhayu, based in Los Gatos, CA, is a leading provider of
high-speed data analysis solutions. The terms of the deal for
privately-held Vhayu were undisclosed.
Vhayu is the leading 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 significant
competitive advantages by enabling faster and smarter trading decisions for
financial firms concerned with the processing and storage of market data.
Marlin & Associates helped manage the process, assisted in the negotiations
and acted as exclusive strategic and financial advisor to Vhayu's
management and investors, which included Menlo Ventures and Garage.com
"We were pleased to have helped CEO Jeff Hudson, Menlo Ventures,
Garage.com, as well as the other owners, employees and managers of Vhayu to
bring this transaction to a successful closure," said Ken Marlin, M&A's
managing partner.
Jeff Hudson, CEO at Vhayu, said: "This acquisition brings together
technology and content that will generate a powerful new class of solutions
for financial services customers. By deeply and seamlessly integrating
Thomson Reuters valuable content with the analytics and storage technology
of Vhayu, customers will enjoy new solutions that will greatly expand the
value of market data."
About Vhayu Technologies Corporation
Vhayu delivers the fastest market data solutions for the capture and
high-speed analysis of massive amounts of streaming and historical data to
the world's leading financial institutions. Through its unique patented
Velocity and Squeezer technologies, Vhayu combines software and hardware to
provide significant competitive advantages to financial firms concerned
with the processing and storage of tick data by enabling faster and smarter
trading decisions. Partnered with some of the world's leading technology
and financial services organizations, Vhayu's customers include 8 of the
top 10 global financial institutions, the leading online discount broker,
the largest financial information provider, major hedge funds and trading
systems vendors.
Vhayu was founded in 1998 by Intel technologists who brought together over
twenty years of experience architecting high performance hardware and
software solutions. Headquartered in Silicon Valley, the company also has
offices in New York, London and Tokyo.