PERSISTENCE SOFTWARE: Reuters invests in Persistence Software, Inc.

0 Comments | M2 Presswire, May, 1999

M2 PRESSWIRE-5 May 1999-PERSISTENCE SOFTWARE: Reuters invests in Persistence Software, Inc. (C)1994-99 M2 COMMUNICATIONS LTD RDATE:040599 London -- Persistence Software, Inc., a provider of transactional application servers, announced today that Reuters has made an investment in Persistence.

Financial details were not disclosed. Reuters supplies the global financial markets and the news media with information and news products utilising Internet technologies for broad distribution. Reuters chooses investment opportunities in emerging technology companies whose products could be used in Reuters' professional services. "With the rapid development of both business-to-business and business-to-consumer e-commerce, we expect infrastructure companies like...