Bang's Demise Signals Rough Recovery
SPECIAL REPORT
NEW YORK--Bang Networks, a pioneer provider of real-time networking and data streaming technologies, has ceased operations, TTW learned last week.
Bang's demise appears to signal that despite an expected financial sector recovery, there are rough days ahead for all financial technology vendors. In fact, the low levels of financial IT spending also caused three other vendors--Mercator Software, Purple Voice and Candle Corp.--to take dramatic measures last week to avoid Bang's fate. The San
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