Intel Capital Invests In Bangalore’s Omnesys Technologies

Intel Capital Invests In Bangalore’s Omnesys Technologies

By TEAM VCC

  • 14 Dec 2010

In its eighth deal this calendar year, Intel Capital has invested in Bangalore-based Omnesys Technologies, which provides software for securities trading and order-management systems. Intel Capital plans to help Omnesys connect with potential customers and take its product to securities markets around the world. Terms of the transaction were not disclosed.

Omnesys Technologies provides software for securities trading and is a leading provider of OMS for multi-asset, multi venue trading systems. Omnesys software provides market data and connectivity solutions to both the buy-side and sell-side firms. Its products are used by

institutional and algorithmic trading desks and is also targeting the retail market. The company was founded in 1997.

Including Omnesys, Intel Capital has invested $45 million in India this year. The other deals that Intel Capital announced this year in India include Althea Systems, July Systems, MCX, Verismo, and Allied Digital Systems. Intel Capital also announced follow-on investments in two Indian portfolio companies: Vriti and Wortal.

“Intel Capital’s acquisition of shares in Omnesys Technologies reflects the growing adoption of sophisticated, high-end compute platforms and reaffirms our commitment towards fostering innovation among entrepreneurs in India,” said Arvind Sodhani, President of Intel Capital and Executive Vice President of Intel.

“Intel’s technology has great potential to help transform fast-growing markets, such as India’s financial industry. Our investment in Omnesys shows Intel’s interest in supporting the increasing sophistication of financial markets in India,” said Navin Shenoy, vice president and

general manager, Asia-Pacific, at Intel.