RealTime IT News

iXL Has Sold Portions of San Francisco Operation

Another twist has taken shape between Atlanta-based iXL and a California firm that once had iXL in hot water.

Published reports say iXL has sold a portion of its San Francisco offices to Neovation.

Calls to both companies were not immediately returned.

Neovation is the same company that was involved in a confusing scenario last year, when James Gionfriddo was named to iXL's executive team AS COO. Once iXL got wind that Gionfriddo had accepted the position of CEO at Neovation mere weeks before his hire at iXL, the Atlanta-based Web solutions firm quickly dropped Gionfriddo from the COO position.

In yet another unlikely twist between the two companies, Neovation appointed Gregory Waldbaum as its new CEO. Waldbaum had been previously employed by iXL as its western operations head.

iXL spokesman Bill Getch has not returned phone calls to an atlanta.internet.com reporter, but confirmed for another local news source that a portion of iXL's San Francisco operation had indeed been sold to another consulting firm. Getch refused to confirm or deny reports about which company was involved in the acquisition, however.

Getch did say that iXL will maintain a project management office in San Francisco, but would not elaborate.

Neovation client base is focused on mid-market and Fortune 500 companies, and is a subsidiary of CIBER Inc. out of Denver.

The story originally appeared on LocalBusiness.com.