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On the heels of its decision to acquire rival turret supplier V Band Corp., IPC Information Systems is developing a next-generation turret platform that it plans to release next year. IPC, the largest worldwide supplier of programmable trading telephones, intends to blend the best components of its flagship Tradenet MX turret with the best features of V Band's turret line. Clients of Tradenet MX have already been placed on a migration path to the yet-to-- be-named platform, and IPC eventually hopes to persuade V Band's installed base of roughly 20,000 turret customers to make the jump to the new system.
IPC expects to close the V Band deal-- which will require IPC to dole out $1.5 million in cash and still must be approved by V Band's shareholders-within the next 60 days. However, though the transaction calls for IPC to inherit V Band's full complement...