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Maxeler Technologies Ltd

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Maxeler Technologies Appoints Two New Board Members


With the Intel-Altera deal at the end of last year, and Microsoft investing into custom hardware, the concept of computing in space (www.openspl.org) is not any more a niche activity. Maxeler has been the world leader in dataflow computing (a special form of computing in space) since JP Morgan invested in the company in 2011. The attached press release shows further strengthening of Maxeler's position in the finance market.

London, United Kingdom, March 22, 2016 --(PR.com)-- Company names Andy Bach, Juniper Networks’ Chief Architect in Financial Services, as Board of Directors Observer and Jerry Marcus, Former Director at Metromedia Fiber Networks (Now Zayo Group) as member of Maxeler Technologies’ Board of Directors.

Maxeler Technologies, a leading provider of Dataflow computing platforms, solutions, and appliances, today announced that Andy Bach, Vice President and Chief Architect of Financial Services for Juniper Networks joins as a board of directors observer and Jerry Marcus, Former Director of Metromedia Fiber Networks have been appointed to Maxeler’s board of directors.

“The opportunity we have at Maxeler to lead the next wave of Dataflow innovation across a diverse range of industries is incredible. That is why we are so honored to welcome tech industry veterans Andy Bach and Jerry Marcus to our leadership team,” said Oskar Mencer, CEO and Founder of Maxeler Technologies.

Mr. Bach was formerly the Global Head of Network Services at the New York Stock Exchange (NYSE Euronext) and brings a wealth of experience in innovative technologies for the financial industry. Mr. Marcus brings to Maxeler invaluable experience acquired over 35 years in a noteworthy career that has included roles as a Director at Metromedia Fiber Networks, Director at Sun Microsystems, Board Member and Advisor to numerous technology companies as well as Advisor for over a decade to The Eugene Lang Entrepreneurship Program at Columbia University Graduate School of Business.

These appointments further strengthen Maxeler’s previously announced partnership to run Maxeler data flow applications on Juniper’s QFX5100-AA switch and QFX-PFA application acceleration switch, which significantly improves the performance of business-critical applications in latency-sensitive computing environments. Ideal for financial services institutions, the switch, acceleration module, and Maxeler’s programmable Dataflow machine abstraction vastly improves the performance of applications that handle market data and social media feeds, order execution routing and big data analytics. These capabilities allow financial firms to make decisions faster and take advantage of real-time market opportunities.

“The need for hardware-accelerated computation continues to grow within the financial services industry. The use of data flow technology to provide a network embedded hardware based solution is key. It is my pleasure to join the board of Maxeler to help guide the development of this company and the technology for the benefit of Juniper and the overall industry.”
- Andy Bach, Chief Architect for Financial Services Team, Juniper Networks

"Maxeler technology opens new frontiers that enable expedient insights into information that would not otherwise be possible. I am pleased to join the Board and assist in the evolution of the company and the application of its technology."
- Jerry Marcus, Board Member, Maxeler Technologies

About Maxeler Technologies

Headquartered in London, England, Maxeler Technologies is a leading provider of Dataflow computing platforms, solutions, and appliances. The company offers a range of data-centric products and services that have been deployed by financial exchanges, banks, enterprise networks, and high-performance computing applications in defense, government, and media.

Maxeler’s technology addresses latency and capacity challenges caused by the ever-increasing amount of traffic on networks due to accelerated adoption of computer automation across industries. For more information, visit https://www.maxeler.com.

Follow Maxeler Technologies on LinkedIn and Twitter for all the latest information.

Contact:

Maxeler Technologies
Oskar Mencer, +44 (0) 203 714 0480
press@maxeler.com
Contact Information
Maxeler Technolgies Ltd
Oskar Mencer
02037140480
Contact
www.maxeler.com
Attached Files
Maxeler Technologies Appoints Two New Board Members
Filename: MaxelerBoardPressReleaseMarch.pdf

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