NewsHosting news - 01 Mar 2002 - Listing Page: 3507

Here you find whtop.com daily webhosting news & hosting industry announcements.

Submit web hosting news

The webhost industry: week review - 📅 - Industry dealmakers seemed to be out in full force this week, with several companies announcing key agreements and alliances.

The M&A side of things were fairly quiet but also very steady this week. Perhaps the noisiest announcement of the week was that ISP and hosting firm XO Communications said Thursday it had completed the sale of its European ISP business.

Terms of the deal were not disclosed, although XO did say it took a $320.1 million charge in the fourth quarter to ...
PlaceWare Selects WorldCom for Co-Location - 📅 - WorldCom (worldcom.com), a data and Internet communications
provider, and PlaceWare, Inc. (placeware.com), a provider of Web conferencing and collaboration services, today announced that PlaceWare has
chosen WorldCom to provide Internet co-location services for its
conferencing solutions.



By choosing WorldCom, PlaceWare will achieve the cost and operating
efficiencies of co-location outsourcing, while leveraging the security and
reliability of WorldCom's IDCs and scalable ...
Velocita lays off 75 per cent of it's employees - 📅 - Velocita Corp., a Washington-based broadband network provider, today announced it would restructure the operations of the company, reducing operations by 181 employees, representing about 75 per cent of its workforce.



Velocita (velocita.com) said it would continue the construction of its nationwide network, which is expected to be substantially complete by the end of the year. Exploring financial strategies, the company will turn to Connecticut-based Impala Partners LLC, a ...
opensrs.com logoTucows Opens Pre-Registrations for .US Domain - 📅 - Tucows Inc. (tucows.com), a provider of Internet services to
ISPs and Web hosting companies, announced that "Sunrise" pre-registrations
began yesterday for .us, the country code top-level domain for the United
States.



Pre-registration for the Sunrise Period is exclusive to owners of existing
or pending U.S. trademarks and service marks. Participation in the
pre-registration process does not guarantee successful registration of a
domain name, and pre-registrations will be ...
Transparent Networks Secures $20m in Funding - 📅 - Transparent Networks, Inc. (transparentnetworks.com), a
developer of photonic switching systems, has announced the completion of $20
million in second round venture funding. This round brings the total funds
raised by the company to $30.2 million since its inception in June 2000.



At a time when investors are being more cautious with their investments,
Transparent says this funding is an expression of the confidence that
investors have in the company's ability to solve the ...
easynet.comEasyNet to Cut 90 Jobs - 📅 - EasyNet (easynet.com -> gtt.net), a pan-European ISP, has cut 90 jobs or
10 percent of its total workforce from its wholesale division, blaming the
"cautious operating environment in wholesale capacity." The cuts are part of
a cost-cutting strategy which says will save it around £10 million per year.




Despite the announcement, the company is optimistic about the rest of the
year's prospects, reported the UK's Register. It says that DSL is the
"cornerstone" for its strategy, adding ...
EarthLink Acquires Log On America's Dial-Up Base - 📅 - Log On America, Inc. (loa.com) has announced that EarthLink will acquire its
existing residential dial-up customer base. In addition, Log On America has
contracted to provide ongoing wholesale communications services to support
these subscribers.



"We're pleased and proud to welcome Log On America customers into the
EarthLink family and to offer them the full range of EarthLink features,
from the personal touch of our customer service representatives to the
technology of ...
Digital Envoy Introduces Topology-Based Routing Technology - 📅 - Digital Envoy (digitalenvoy.net) has announced the
availability of its RealPath intelligent routing technology allowing instant
Internet traffic management decisions to be made for global load balancing
or content distribution network applications, based on the analysis of
network topology and city-level geographic location.



RealPath, which is covered in seven separate patent filings, was
specifically designed for incorporation into content networking switches ...
he.net logoHurricane Electric?s New Looking Glass Technology Allows Users to View Network Paths - 📅 - Hurricane Electric, a technical service provider, has created a network engineer's Wonderland through their Looking Glass program, designed to allow users to view routing paths from inside Hurricane Electric's network via a web interface.



Aimed at the technically savvy, the Looking Glass, lg.he.net, enables users to ping or trace, tools to test network connectivity, from any or all core routers in Hurricane Electric's (he.net 👉 Total Reviews: 1
🙌 Average Rating: 10 / 10
👍 Good Reviews: 1
👎 Bad Reviews: 0
👈 Official Responses: 0
) network.

Looking at Hurricane ...
Level 3 Gives up San Francisco building - 📅 - Catellus Development Corporation (catellus.com), a San Francisco-based real estate company, today announced that it has signed an agreement with Level 3 Communications, LLC, a telecommunication and information services provider, to terminate its lease on two industrial buildings at Pacific Commons in Fremont, California.



Catellus said it will receive a termination payment equal to about 26 months of current base rent and Level 3 will be relieved of rent obligations for the ...