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📅 - ENX Chooses Ebone to Construct Pan-European Extranet - ENX (enxo.com), the consortium of European car-makers and automotive equipment suppliers including Ford, BMW, DaimlerChrysler and Michelin, has chosen Ebone (ebone.com) to route its pan-European IP traffic. Initially, the project called ENX will provide automotive companies in France, Germany, Italy, Spain and the UK with an interoperable global communications infrastructure. IP traffic such as EDI, CRM, graphical and financial data, logistics, market places and video conferences generated by collaborative exchanges can be carried on securely. The infrastructure will handle traffic generated by traditional business operations (e.g., email and databases) as well as traf
📅 - Alcan Selects OptiGlobe to Host Infrastructure - OptiGlobe (optiglobe.com), a Latin American provider of web-enabled IT outsourcing and data center services, has announced that it has been selected by Alcan (alcan.com), the aluminum and packaging company, to host and manage the infrastructure for several of its core back office applications. These applications include Alcan's data warehouse, ERP system, financial applications and production control systems. "Alcan's back office applications are a core component of our strategy to increase productivity and improve competitiveness across the company," said Jose Carrasco, corporate IT manager at Alcan. "We quickly realized that we did not have the infrastructure or expe
📅 - BellSouth to Outsource Applications Software to Accenture - Accenture (accenture.com) and BellSouth Corporation (bellsouth.com) announced today that Accenture will manage additional applications and projects for the software backbone of BellSouth's telephone and Internet services, under an expansion of an existing outsourcing agreement between the two companies. The expanded agreement, which includes an extension of the original contract to 2007 and takes effect January 1, covers a range of information technology applications that support BellSouth's local and Internet-based communications services to residential and business customers in the United States. In 1998, BellSouth selected Accenture to help it achieve improved
📅 - Interliant Completes Public Exchange Offer of 7% Convertible Notes - Web hosting firm and Application Service Provider Interliant (interliant.com) said Friday it had successfully completed a public exchange offer to holders of its outstanding 7% Convertible Subordinated Notes issued February. The exchange offer resulted in the tender by holders and the acceptance by Interliant of $37.5 million in principal amount of the notes. Under the public exchange, the company offered to issue $270.00 principal amount of senior notes convertible into 270 shares of common stock, warrants to purchase 67.50 shares of its common stock at an exercise price of $0.60 per share, and pay $70.00 in cash in exchange for each $1,000 principal amount of Subordinated Notes that were t
📅 - The The webhost industry: week review - It was an up-and-down week for the Nasdaq as doubts about when the U.S. recession would end drove stocks lower throughout the week. Job cuts seemed to be a popular theme in the tech industry this week, with two major telecommunications providers announcing they would cut significant portions of their workforce. On Thursday, broadband communications firm Qwest said the company would cut 7,000 jobs from its workforce because of sluggish sales. The cuts, which are expected to be completed by mid-2002, will bring the company's overall workforce from 62,000 employees to 55,000. "The job reductions come as Qwest continues to streamline its business to meet lower custom
📅 - University of Waterloo, CGI Create E-Com Initiative - The University of Waterloo (uwaterloo.ca) in partnership with CGI Group Inc. (cgi.ca) today announced the decision to create an R&D Chair at the University of Waterloo to advance research in e-commerce. "This initiative will act as a catalyst in providing deeper understanding of which concepts of future e-business solutions are most likely to provide competitive advantages in key sectors including financial services, telecommunications and government," said Michael Roach, president, Canada and Europe, CGI. "It enables the creation of targeted, high quality e-commerce solutions, while solidifying CGI's growth commitment to the Kitchener-Waterloo region where it is acti