Wednesday, April 11, 2018

Allegro Development Buys Financial Engineering Associates

Dallas-based Allegro Development Corp., which develops commodity trading and risk management software, has acquired Financial Engineering Associates, a developer of risk analytics software. Financial details of the acquisition were not announced. FEA was founded in 1990, and develops global community trading and analytics software. Allegro Development said it was advised by Paul Hasting LLP in the deal.