Options Technology closes acquisition of Fixnetix

  • Belfast-based IT infrastructure firm Options Technology has finalised its acquisition of US tech company Fixnetix for an undisclosed sum. 

    Back in January, Options Technology announced that it was beginning acquisition of US tech firm Fixnetix, a DXC Technology Company. Options has offices in Belfast, London, New York, Toronto, Chicago, Hong Kong, Singapore, and New Zealand.

    Fixnetix provides outsourced front-office trading services for the FinTech and financial services sector, including hedge funds, investment banks, and global exchanges.

    RELATED: Belfast-based Options Tech purchases DXC tech firm

    Options Technology has now announced that it's closed its acquisition of Fixnetix as planned. The deal will boost Options' growth and help it access data on a wide range of US, European, and Asian markets, while it continues its R&D efforts in automation and testing.

    Danny Moore, Options’ President and Chief Executive Officer, commented: "We are excited to reach this important milestone with Fixnetix and view this acquisition as an opportunity to expand our service capabilities whilst providing further value for our customers and the overall market."

    "Fixnetix and Options are highly complementary, and the deal combines Options’ comprehensive coverage in the US and Asia with Fixnetix’s European offering, allowing us to provide existing customers with the agility they need to respond to rapid changes in market dynamics."

    Source: Written based on press release

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    Brendan is a Sync NI writer with a special interest in the gaming sector, programming, emerging technology, and physics. To connect with Brendan, feel free to send him an email or follow him on Twitter.

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