dcsimg
RealTime IT News

Today's Deals: Web Security Sector Targeted

Allegiance Telecom + Virtualis Systems, Angelaudio.com + Ron Winter Ltd., RITZ Music Group PLC, Baltimore Technologies + Nevex Software Technologies, BEA Systems + Bauhaus Technologies, Globus Wireless + PCI Marketing & Communications, WatchGuard + Qiave Technologies











 Allegiance Telecom (ALGX) acquires Virtualis Systems

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a
 

   *  Premium:        n/a

 

   *  Industry:        Internet services

 

   *  Scorecard:      B+

 


    DALLAS, Oct. 3--Allegiance Telecom , a competitive local exchange carrier headquartered in Dallas, Texas, announced that on September 28, 2000, it acquired privately-held Virtualis Systems, a Web hosting company and applications service provider (ASP) based in North Hollywood, Calif. The Virtualis acquisition is Allegiance Telecom's third Internet-related purchase in 2000 as the company expands its hosting and e-commerce presence for its targeted business customers. Terms of the deal were not disclosed.

     

 


×
We have made updates to our Privacy Policy to reflect the implementation of the General Data Protection Regulation.