Level 8 Acquires Momentum To Lay Groundwork For Middleware That Scales
MIDDLEWARE & MESSAGING
NEW YORK--New York-based Level 8 Systems has acquired Momentum Software, of Hasbrouck Heights, New Jersey, maker of asynchronous store and forward message queuing software with the express purpose of creating message-oriented middleware that will scale the Microsoft Windows NT and Unix environments.
Merrill Lynch, Nasdaq and Fidelity Investments are among Momentum's customers in the securities industry; Merrills has been using Momentum's XIPC middleware as part of a swaps application since last
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