Other news
📅 - ASTD Outsources IT Infrastructure To Interliant - The American Society for Training and Development (astd.org), a professional association and resource for workplace learning and performance, has contracted to outsource its entire IT function to Interliant, Inc. (interliant.com), a global application service provider, the company announced today. Under the terms of the three-year contract, the transition from in-house to outsourced IT infrastructure will be fully implemented by the end of the second quarter of 2002. "This agreement with Interliant, which is part of our vision to outsource all non-core competencies, is an excellent match between our requirements and their capabilities," said Tony Bingham, COO and CIO fo
📅 - KPNQwest to Stream Eurovision Song Contest - KPNQwest (kpnqwest.com), a pan-European data communications and hosting company, has announced an agreement with the Estonian national public broadcaster to provide the content delivery services and backbone infrastructure for the Eurovision Song Contest (eurovision.tv). The event, now in its 46th year, is scheduled to take place on May 25 May in Tallinn, Estonia. This year promises to be popular, reaching some 100 million viewers worldwide. KPNQwest, together with its partner Akamai, will provide the solution to deliver this event on the Internet, using audio and video streaming for up to 100,000 viewers through its official site. This content distribution service
📅 - JDS Uniphase Releases New Wavelength Blocker - JDS Uniphase Corporation (jdsu.com) yesterday announced the Wavelength Blocker (WB) for use in next-generation reconfigurable fiber optic communications systems. Using an all-optical design, the WB can attenuate or block any number of wavelengths and be reconfigured to select alternative wavelengths in milliseconds, the company said. The WB is part of a new family of technologies that can be used to reduce operating costs of optical networks for carriers. The all-optical design enables remote, dynamic channel reconfiguration and offers cost savings when compared to current methods that use optoelectronic regenerators or require the installation of new equipment or ma
📅 - Equant Confirms Projected EBITDA of $200m - 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 member of the France Telecom Group, connects business centers in 220 countries and territories, with local support in 145 countries and territories. The company's 2001 revenues, on a pro forma basis, were
📅 - FASTNET appoints new Vice President of NetReach eSolutions Division - 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 his work at Xerox Corporation, Moore Corporation, and Datacolor. He has a Masters Degrees in Software Development and Imaging Science from the Rochester Institute of Technology and an MBA from Duke Uni
📅 - divine Reports 500% Growth Over Fourth Quarter of 2000 - divine Inc., a provider of solutions for the extended enterprise, posted a narrower loss in the fourth quarter amid a sharp rise in revenue. The company reported net income of $239.2 million, or $1.79 a share, compared to a net loss of $ 179.9 million, or 65 cents a share, the previous year earlier. Revenue increased to $80.5 million from $13.1 million a year earlier. The company attributed its revenue growth to several acquisitions, which the company said should position it for achieving profitability by the fourth quarter of 2002. divine (divine.com) said that excluding operating expenses of $80.2 million primarily related to impairment, acquisition-related