Tuesday, October 9, 2007

FastSoft Signs College Sports Technology Firm

Monrovia-based FastSoft, a Caltech spinoff which is developing products for accelerating data transfer over the Internet, said today that its products have been selected by XOS Technologies. XOS, a provider of technology for collegiate and professional sports teams, will use FastSoft's Aria Internet acceleration device as part of its products. Financial terms were not disclosed. XOS supplies 26 National Hockey League (NHL) and 28 National Basketball Association (NBA) teams with coaching systems. FastSoft is venture backed by Miramar Venture Partners.