Tuesday, June 3, 2008

NetQoS Buys Helium Systems

Austin, Texas-based NetQoS, a publisher of network and application performance management software for large corporations, announced Tuesday that it has acquired substantially all the assets of Helium Systems for an undisclosed sum of cash. Helium Systems is a privately held financial trade-monitoring software firm headquartered in Valencia, Calif. NetQoS said the transaction includes Helium Systems' customer base and its proprietary TradePVR monitoring technology, which has been re-branded as NetQoS Trade Monitor. NetQoS added that Alex Malone, Helium Systems' founder, president and chief architect, has joined NetQoS' engineering organization and will focus on future development of the Trade Monitor product.