Complex-event-processing vendors merge

09.03.2009

Meanwhile, Aleri has sold a "high-end, industrial strength offering" aimed at financial institutions, with its deals tending to be direct sales, he said.

Over time, Aleri will merge the two engines' codebases while ensuring forward compatibility, he said.

Aleri won't raise prices on the Coral8 engine, which is US$20,000 per core, compared to about $30,000 for Aleri's, according to DeLoach.

And after the two codebases are merged, Aleri may sell multiple products with varying levels of functionality, he said.

Meanwhile, Aleri is betting that business will boom as the financial sector digs out from a worldwide recession and looks for tools to avoid a repeat of the malfeasance and fraud that helped cause this one.