Other news
📅 - Mercury Interactive and Citrix to Create Load Testing Solution - Mercury Interactive Corporation (merc-int.com), a provider of enterprise testing and application performance management solutions and Citrix Systems, Inc. (citrix.com), a provider of virtual workplace software and services, announced yesterday an expanded relationship whereby the two companies will combine Citrix technology with Mercury Interactive's LoadRunner and Topaz to enable organisations to simulate, test and monitor the performance of applications deployed with Citrix MetaFrame. Specifically, the two companies have jointly developed technology to allow LoadRunner and Topaz to emulate, test and monitor Citrix-based application serving environments. The allia
📅 - AskJeeves.com selects WorldCom?s Colocation Services - WorldCom, a business data and Internet communications provider, today announced that Ask Jeeves, Inc., a leading provider of intuitive question answering technologies and search services, has selected WorldCom Internet Colocation Services to host its Internet services. Ask Jeeves (askjeeves.com), which has fielded more than 13 billion questions in 2001, has two business units: Web Properties division, and Jeeves Solutions, its enterprise software division. Both syndicated solutions relate to question answering technologies and search services, driving traffic to and content and destination sites. The WorldCom (worldcom.com) colocation solution assures 100 percent net
📅 - Burntsand Completes $15 Million Equity Offering - Toronto-based e-business solutions integrator Burntsand Inc. (burntsand.com) announced today the successful completion of its offering of 6,400,000 shares at a price of $2.35 per share for gross proceeds of $15,040,000. The offering was made through a syndicate of underwriters led by Raymond James Ltd. and included CIBC World Markets Inc., BMO Nesbitt Burns Inc. and Pacific International Securities Inc.. The proceeds from the financing will be used as a reserve for future acquisitions and for working capital and general corporate purposes. The securities being offered have not been, nor will be, registered under the United States Securities Act of 1933, and may no
📅 - Qwest-Enron Deal Under Further Scrutiny - This week investors and analysts filed the results of their examination of a deal between Qwest and Enron, made last September, to buy $112 million worth of communications network capacity from each other. Discussions in a federal bankruptcy court in Manhattan were meant to determine the nature of the swap and its timing suggested a last-minute act of desperation to patch up Qwest's particularly weak quarter. At the time of the Qwest?Enron deal, the already debt-burdened Qwest had a massive, new fiber-optic network in place. Industry also noted Qwest's October report of a sharp third-quarter earning and revenue shortfall. Analysts say the deal the deal is indicative of a c
📅 - ViaWest to Acquire Verado's Denver Data Center - ViaWest Internet Services, Inc. (viawest.net), a regional provider of hosting, Internet infrastructure and access to businesses, announced today it has reached an agreement to acquire the physical and customer assets of Verado Holdings Inc.'s (verado.com) 23,850 square foot Englewood Data Center. This announcement follows Verado's Feb. 15 filing for Chapter 11 bankruptcy protection, in which the company stated it had sold its Irvine, California data center, and was looking to sell its Denver data center as a going concern. The agreement is subject to bankruptcy court approval pursuant to a section 363 motion filed by Verado on March 1, 2002 in the US Bankruptcy Cou
📅 - Rodopi Teams with Tucows for Domain Registration Solutions - Rodopi Software (rodopi.com), a provider of customer billing and management solutions for ISPs and ASPs, announced yesterday it has signed an agreement with Tucows Inc. (tucows.com), a provider of Internet services to ISPs and Web hosting companies, to provide an integrated solution based on Tucows' OpenSRS domain registration platform and Rodopi's billing software. "Internet service providers are faced with challenges acquiring, renewing and accurately billing for high volume products such as domain names," said Art Ekroos, Rodopi's executive vice president. "It is a fast-growing market and there are few solutions for businesses faced with these troublesome operat