- Beeks Financial Cloud Group
- 02 September 2025 12:20:41
Source: Sharecast
The AIM-traded firm said the investment would give it the right to deploy LMS’s newly launched ‘ÜberNIC’ technology, an FPGA-based Ethernet adapter capable of sub-microsecond latency, which was increasingly in demand across latency-sensitive trading environments.
FPGA, or field-programmable gate array, technology allows the processing of data in hardware rather than software, significantly accelerating data transmission speeds.
Beeks said the deal would allow it to integrate ÜberNIC into its Private and Exchange Cloud offerings, enhancing execution speed and predictability for clients while also creating a new sales channel as demand for the technology grows among financial institutions worldwide.
“This investment reflects our careful and deliberate approach to strengthening Beeks' infrastructure offering for capital markets,” said chief executive Gordon McArthur.
“Following rigorous testing, we are confident the FPGA-based technology is at the forefront of technological advancement in the industry, and our exclusive access within the financial services data centre market segment reinforces our position as a leading technology provider and is set to drive further growth opportunities.”
Beeks said the partnership would strengthen its technological leadership in high-performance trading infrastructure and support revenue growth as it expanded its presence in capital markets.
At 1157 BST, shares in Beeks Financial Cloud were up 0.41% at 217.9p.
Reporting by Josh White for Sharecast.com.