Pico Acquires Redline Trading Solutions
Transaction combines Redline's award winning software solutions with Pico's global ultra-low latency infrastructure and network underpinned by Corvil Analytics Transaction intended to accelerate Pico's recurring revenue business, adding Redline's 100% recurring revenue model, with significant opportunity to cross-sell solutions to Pico's existing client base NEW YORK, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Pico, a leading provider of mission critical technology, data and analytic services for the financial markets community, today announced that it has acquired Redline Trading Solutions ("Redline"), a multi award-winning provider of high performance trading and market data software solutions