BSO Acquires Wireless Connectivity Provider Apsara Networks

BSO Acquires Wireless Connectivity Provider Apsara Networks Image Credit: BSO

Global network provider BSO has acquired Apsara Networks, a leading supplier of wireless connectivity to financial markets.

By integrating Apsara’s wireless microwave technology into its fibre-optic global network, BSO has solidified its position as a top provider of electronic trading connectivity to exchanges and market makers.

Apsara’s wireless microwave network connects some of the world’s most important liquidity venues, including its New Jersey route spanning Nasdaq, NYSE and BATS.

To help fund the deal and support future growth, BSO has opened up its capital to Boston-based private equity fund Abry Partners. Abry has taken a minority investment in BSO to provide capital for the Apsara acquisition, and to facilitate further investment to enhance customer service and support systems.

Michael Ourabah, founder and CEO, BSO
Purchasing Apsara Networks enables us to offer unrivalled low-latency access, network resiliency and enhanced managed services to clients across established and emerging markets. 

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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