February 14, 2006 1:48 PM PST
CSFB invests in Azul, buys Java product
Financial services powerhouse Credit Suisse has invested an undisclosed amount in Azul Systems and purchased its specialized computing systems that create a centralized pool of computing power for Java server software. The Mountain View, Calif.-based start-up, which announced the move Tuesday, sells hardware that unburdens large numbers of systems running Java application server.
"The fact that Credit Suisse led a significant investment round in Azul Systems demonstrates our belief in, and support of, the kinds of solutions that Azul is bringing to Wall Street," said Alan Freudenstein, a Credit Suisse managing director, in a press release.