Financial services giant Credit Suisse has taken a stake
in Azul Systems and purchased its platforms which can create pooled
Java server environments.
The California start-up sells hardware that improves the
productivity of systems running Java application server
technology.
Credit Suisse will use the technology in its datacentres. Alan
Freudenstein, Credit Suisse managing director, said, “The fact that
Credit Suisse has made a significant investment in Azul Systems
demonstrates our belief in, and support of, the kinds of solutions
that Azul is bringing to companies.”
"The financial services industry is characterised by some of the
most demanding IT shops around the globe," said Stephen DeWitt,
chief executive officer of Azul Systems.
"We are proud to be partnering with Credit Suisse as we bring
this new model to Wall Street, and look forward to working closely
with other customers of this class to bring significantly greater
capabilities to their operations while at the same time increasing
data centre profitability," said DeWitt.
It has not been disclosed how much Credit Suisse has invested in
Azul Systems.