Persistence Expects To Be Profitable By End of 2001
TRANSACTION SYSTEMS
LONDON--Persistence, the US-based Java-centric software company, expects to be in profit by the end of this year after a rather rocky 12 months.
It has hired a new management team in Europe and is refining its focus on providing scalable, web-enabling and caching components for trading systems. The company is going to open a new office in Frankfurt in June and possibly one in Stockholm later this year.
The company has been through a bumpy patch over the past year, inspired partly by the burst of
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