UK-based machine data auditing company, CLMS, has purchased Machine Insite from Vianet.
The acquisition was announced the day before ICE London and forms part of CLMS’ ongoing investment programme, according to managing director Simon Barff.
He commented that Machine Insite is “a company with extremely high quality systems, dedicated people and a commitment to the industry”.
“Having previously run the company, I feel like I’m bringing it home – it makes a fantastic addition to CLMS and is sure to bring added value to our clients in the future,” he added.
Vianet group CFO, Mark Foster, commented that the company will remain focused on its own programme of investments in light of the sale, explaining that “it made more sense to pass it [Machine Insite] onto someone who could take the clients forward in the sector”.