Mergermarket believes the streamlined development process means they will be able to roll out updates to our products much faster, benefitting subscribers to products, including financial newswires and analytics applications Mergermarket, Debtwire, Dealreporter, Xportreporter and Parr-Global.
The Financial Times-owned company was sold to BC Partners, a private equity firm for £382 million in cash, it was announced at the close of last year.
Flash start-up Pure Storage, which is in fisticuffs with EMC over intellectual property rights, unveiled its entry-level and high capacity array in London last week.
The storage newcomer has raised around £200 million pounds in funding - the highest amount of any storage company, it claims. The latest round of funding was led by public investors rather than venture capitalists, including Tiger management.
The storage company has hit headlines over ongoing legal issues with EMC, but Patel dismissed the troubles as "handbags". He said the controversy was to "divert attention" from the all-flash boom and didn't affect his position as a customer.
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