22 April 2003 - London, UK - Integra SP, a specialist integration service
and solutions provider today announced that it has acquired the business and
assets including the intellectual property of Altio Ltd. A London-based
software company, Altio Ltd developed and marketed AltioLiveâ¢, an XML platform for building and deploying real-time, interactive Internet applications.
With partnerships and distribution agreements with Sun, Oracle and CGE&Y,
Altio Ltd developed a strong customer base, enjoying increasing demand from
companies wanting to deploy a dynamic presentation layer that provides desktop application functionality. In line with this, it achieved widespread recognition as one of the most revolutionary Internet technologies in the
market. Integra SP remains committed to the Altio product line and plans to
develop the product to fully integrate with iaTradeâ¢, its own trade
lifecycle management solution. The business going forward will continue to
trade as a subsidiary of Integra SP and both its existing customer and
developer base will continue to receive full product support.
Sven Thiele, CEO for Integra SP, commented: "The combined people and product
synergies of Integra SP, iaTrade and Altio are massive. The combination of
enabling STP and EAI, through Web Services and XML, and a dynamic
presentation layer allows for a very significant customer ROI. Being able to
manage, synchronize and visualize STP in a heterogeneous environment whilst
maintaining operational integrity has proven to be a challenge which we now
believe we have significantly simplified."
David Levett, CTO and Founder of Altio will now assume role of CTO - Altio
Products at Integra SP. Levett commented: "In addition to assuring the
continued success, support and evolution of Altio's award-winning AltioLive
products, we are now in a position to deliver an unmatched solution for the
integration and presentation of networked business applications."
AltioLive enables businesses to feed all their applications into a
multi-window, browser-based interface, allowing users to work with multiple
internal applications simultaneously. It also enables them to merge these
applications with external data sources and Web Services through a single,
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