Independent research house TRADING CENTRAL has entered into a definitive agreement to acquire Recognia Inc., a global leader in the development of pattern recognition software.
“Teaming together with Recognia is a key milestone in our development,” says Alain Pellier, Co-Founder and CEO of TRADING CENTRAL. “We are highly excited about the new opportunities for all of our clients, partners and staff. Recognia has an impressive track record in the field of quantitative analytics. Our combined company will integrate our products and services to provide our clients with the very best technical and fundamental research and quantitative analytics, all delivered using the latest easy-to-use digital web and mobile solutions.”
Recognia will continue to be headquartered in Ottawa, becoming a wholly-owned subsidiary of TRADING CENTRAL, which is headquartered in Paris. This transaction remains subject to certain customary closing conditions.
See below for an example screenshot from Recognia’s ‘Technical Insight’ product: