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Pin to quick picksBatm Advanced Share News (BVC)

Share Price Information for Batm Advanced (BVC)

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Share Price: 19.00
Bid: 17.75
Ask: 18.95
Change: -0.05 (-0.26%)
Spread: 1.20 (6.761%)
Open: 18.30
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BATM Advanced Communications Develops Faster Processing Network

Mon, 17th Jun 2019 12:07

(Alliance News) - Networking and medical technology firm BATM Advanced Communications Ltd said Monday it has developed a new technology with long-term partner NXP Semiconductors NV.

BATM said the technology will allow companies to experience a "significant" increase in network traffic without requiring an increase in computing power. BATM said the technology works for Arm-based infrastructure products, on the NFVTime solution.

ARM Holdings is a UK multinational semiconductor and software design company owned by SoftBank Group.

The technology was developed with the BATM's wholly-owned subsidiary Telco Systems.

According to BATM, the new technology "significantly enhances" performance with NXP processors built on Arm technology.

"The development of this new solution represents another significant step forward in our network function virtualisation strategy and another milestone delivered under our agreement with Arm. Through bringing this capability to NFVTime, in partnership with Arm and NXP, a major supplier of Arm technology-based chips, we'll be able to offer customers major performance enhancements compared with competing offers without increasing their costs," said Chief Executive Zvi Marom.

He continued: "We are confident that this solution will be well-received by the market. As we continue to advance our technology, users of our solutions will be able to gain even more from their networks and optimise performance."

The company said the new technology enables all open switching to be conducted by already existing hardware, improving processor performance and freeing processing resources.

"Telco Systems' performance tests of this solution compared with standard software-based virtual open switching have demonstrated a three to five-times increase in virtual network traffic," the company said.

Shares in BATM Advanced Communications were up 3.2% Monday at 47.30 pence each.

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