Global telecoms company BT has signed an agreement to acquire IP Trade, a provider of unified communications and collaboration systems for trading floor environments and command-and-control dispatch centres.
Completion of the deal is subject to regulatory clearance, and
is expected to complete in the first quarter of 2017.
The
acquisition of IP Trade SA aims to improve BT customers' ability
to trade and control from the widest possible range of devices,
including dedicated desktop devices (turrets), software clients and regular office
phones.
Luis Alvarez, CEO Global Services BT, said: "Our customers will
appreciate the way we will bring together BT's Cloud of Clouds
portfolio strategy, products and expertise, managed services capability and global reach
with IP Trade's open software platform and range of devices and applications."