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IPC Systems closes Etrali Trading Solutions deal

IPC SystemsInc. has completed its acquisition of Etrali Trading Solutions, a provider ofcommunications solutions.

IPC Systems CEO Neil Barua said Etrali CEO Lionel Grosclaudewill become managing director of Europe, Middle East and Africa at IPC Systems.Grosclaude also will lead IPC Systems' compliance business division.

The company will operate as IPC. Its global headquartersremains in Jersey City, N.J., with new regional hubs in EMEA and Asia-Pacific.