NewsHosting news - 11 Mar 2002 - Listing Page: 3513

Q9 Networks signs deal to provide Web Hosting services for Morningstar Canada - 📅 Mar 11, 2002 - Q9 Networks Inc.(Q9.com -> equinix.com), a managed Internet infrastructure services provider, announced today that it will provide Morningstar Canada with hosting services for all of its Web properties. Morningstar Canada, the Toronto-based subsidiary of Morningstar, Inc. of Chicago, is an online investment firm, with a variety of web-based services, including: Morningstar.ca and MorningstarAdvisor.ca sites, its Morningstar Advisor Workstation Tool and additional staging, testing and database platforms. ...

Red Hat Set To Provide GNUPro Linux Toolchain To Motorola Customers - 📅 Mar 11, 2002 - Red Hat, Inc., an open source, Linux provider, today announced an agreement with Motorola, Inc. to develop a GNUPro Linux toolchain and cross compiler for Motorola's AltiVec-enabled host processors based on the PowerPC instruction set architecture. Red Hat (redhat.com) will provide a complete toolchain for the PowerPC instruction set architecture with full support for Motorola's AltiVec technology.



Red Hat's GNUPro development toolchain will enable Motorola customers to ...

XO Communications Rejects Bondholders Financial Aid - 📅 Mar 11, 2002 - XO Communications, a troubled telecom provider, announced today that it has rejected a takeover proposal from bondholders led by financier Carl Icahn and plans to implement a previous proposal advanced by buyout firm Forstmann Little & Co. and partner Telefonos de Mexico.



Bondholders on Friday said they reached an agreement to inject $600 million into the company, countering an earlier offer by financier Ted Forstmann and partner Telefonos de Mexico. XO (xo.com 👉 Total Reviews: 5
🙌 Average Rating: 1 / 10
👍 Good Reviews: 0
👎 Bad Reviews: 5
👈 Official Responses: 0 -> akamai.com) said it has ...

TruSecure Expands And Relocates ICSA Labs - 📅 Mar 11, 2002 - ICSA Labs, an independent division of TruSecure Corp. that certification testing provider, today announced it will expand and relocation its offices to meet increasing demands.



To accommodate the growth, ICSA Labs (icsalabs.com) expanded its facilities to 15,000 square feet. Over the past year, ICSA Labs has introduced three, new certification programs and new criteria for existing certification, to meet the ever-expanding market of security products. The certification ...

Cervalis Acheives SAS 70 Type I Certification After Audit - 📅 Mar 11, 2002 - Cervalis, a managed hosting and IT outsourcing service provider, today announced it has achieved the SAS 70 Type I certification, one of the most stringent auditing standards for service companies. The SAS 70 Type I certification designates that Cervalis (cervalis.com -> hostinger.com) delivers fully secure, reliable operating environments for conducting financial and other transactions on the Web.



Ernst & Young, LLP reviewed Cervalis? operational procedures for the audit. The SAS 70 was ...

FASTNET Expands Into Princeton And Secures U of P Partnership - 📅 Mar 11, 2002 - FASTNET Corp., an Internet services provider, announced today it has completed its network expansion into the Princeton, New Jersey area. According to company, FASTNET (hwww.fast.net) plans to expand into Princeton's 10,000 commercial, research, health care, educational, and government entities.



The company will now offer a full range of products and services over IRU licensed fiber optic facilities, including private network transport services at handoff speeds ranging from ...

Global Crossing's CEO Cuts The Fat - 📅 Mar 11, 2002 - Global Crossing's CEO John Legere, announced today that he intends to resist liquidation by creditors by strengthening the company's budget.



Legere, who has been CEO of the bankrupt company since October, has eliminated corporate airplanes and posh office space, including the Beverly Hills company headquarters.

Guiding the company (globalcrossing.com) through a reorganization following its Chapter 11 bankruptcy filing in January, 43-year-old Legere is mounting a ...

Interliant Secures $10 Million In Funds - 📅 Mar 11, 2002 - Interliant Inc. closed a $10 million funding deal with its two largest investors, Charterhouse Group International Inc. and Mobius Venture Capital today.



Interliant (interliant.com) said Charterhouse and Mobius purchased 100 units with each unit consisting of $100,000 principal amount of 10% convertible subordinated notes and 100,000 warrants for the purchase of its common shares.

The notes are convertible at the option of the holder at any time before maturity on ...

Equant Confirms Projected EBITDA of $200m - 📅 Mar 8, 2002 - Equant (equant.com), an IP and data service provider,
confirms that its projected EBITDA for 2002 is $200 million.



Because of a translation error from French to English at yesterday's press
conference in Paris at which Equant presented its full 2001 financials, some
media have published an incorrect figure. Equant president and CEO, Didier
Delepine, confirmed at the press conference that an EBITDA of $200 million
is achievable for Equant in 2002.


Equant, a ...

FASTNET appoints new Vice President of NetReach eSolutions Division - 📅 Mar 8, 2002 - FASTNET Corporation (fastnet.com), a web hosting, colocation and managed service provider, today announced the appointment of Patrick Igoe to the position of vice president of eSolutions.



As vice president, Mr. Igoe will report to Steve Hurly, President and CEO of FASTNET, and will be responsible for leadership, driving revenue and building a customer base for the NetReach eSolutions Division based in Ambler, Pennsylvania. He brings to FASTNET over 10 years of experience from ...