BT ties up IP Trade acquisition

BT has completed the acquisition of IP Trade, a provider of unified communications and collaboration solutions for trading floor environments and command-and-control dispatch centres, following approval by the UK's Competition & Markets Authority (CMA).

According to BT, teams will be able to collaborate across complex, global communities more effectively using a blend of speech, video and messaging with the broadest range of fixed and mobile devices and applications.

BT said in a statement, 'Technology and operations groups will be able to integrate their enterprise systems with their specialist trading floor and control room IT and combine cloud with on-premise solutions in the way that suits them best. Firms will be better able to meet demanding regulatory compliance obligations'.

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