Colin C. Haley

Quarry Technologies said its routers will be deployed in a South Korean Internet service provider’s network as part of a new multi-million-dollar deal. The exact value of Dacom Corp.’s order, which includes Quarry’s IQ800 security service router, was not disclosed. The gear will allow Dacom to offer its multi-protocol label switching virtual private network customers […]

Enterprise search specialist InQuira has raised $9.25 million in second-round financing to better compete in the growing customer self-service search niche. Specifically, the round, which was led by Sutter Hill Ventures, will be used to expand in the United States, and possibly in Europe, as well as bolster sales and marketing programs. “We’ve really built […]

Four small California Internet service providers have sued SBC Communications, charging the telecom with using anti-competitive practices to squeeze them out of the digital subscriber line market. The action, by LinkLine Communications, Inreach Internet, Omsoft Technologies and Red Shift Internet Services, was filed in a Los Angeles federal court Thursday — shortly after SBC detailed […]

SBC Communications saw second-quarter revenues and profits slip because of stiff competition but reported strong gains digital subscriber line service sign-ups. The San Antonio-based telecom posted a 42 cents per share profit on revenues of $10.2 billion, compared to 53 cents per share on $10.8 billion during the same period last year. The figures exclude […]

Lucent’s recovery formula consists of new business from services, partnerships and the federal government, combined with continued cost-cutting, CEO Patricia Russo this morning on a conference call with analysts. Russo’s comments came as the Murray Hill, N.J., telecom equipment maker posted its 13th straight losing quarter — a deficit of 7 cents per share on […]

One week after poor mobile gear sales clouded Lucent’s financial picture, the telecom equipment maker has rebounded with a $1 billion deal in the sector. The Murray Hill, N.J., company will supply advanced networking equipment to Sprint under a multi-year deal announced this afternoon. The gear — which includes base stations, switches and software — […]

Paring its focus to authentication products, Baltimore Technologies has agreed to sell its managed security services business to beTRUSTed for $1.75 million in cash. Provided closing conditions are met, the deal should close next month. The unit provides customers with a platform to issue digital certificates from a secure hosting facility based in Needham Heights, […]

While not admitting wrongdoing, business and IT training sofware maker SkillSoft will pay $44 million to rival National Education Training Group (NETg) to settle two long-running lawsuits. In 1998, NETg claimed SkillSoft and certain executives, who formerly worked at NETg, had taken NETg trade secrets. Then, in 2001, NETg filed a second action, alleging patent […]

Sprint this morning became the latest telecom service provider to embrace public Wi-Fi , promising 800 hotspots by the end of the summer, and 2,100 by the end of the year. Verizon and SBC recently announced efforts to give users high-speed Internet access outside of their home or office via Wi-Fi enabled laptop, mobile phone […]

Regional telecom SBC has invested $500 million in satellite TV provider EchoStar and will add that company’s service to its bundled voice and data offerings. The companies will deliver “SBC DISH Network” service to customers in SBC’s coverage area (13 states in the Midwest and West) in early 2004. Work will begin immediately to combine […]

Looking to expand its customer base beyond IT vendors and marketers, Cambridge, Mass.-based Forrester will begin offering research and consulting services to venture capital firms. A spokesman for the Cambridge, Mass., firm was not immediately available to comment on the timing of the move. Torched by the dot-com bust and facing a stock market inhospitable […]

Overture Services has added an additional year to its contract to provide paid placement search results on Hewlett-Packard notebooks and PCs shipped to U.S. customers. Financial terms were not disclosed. The company, which is being acquired by Internet portal giant Yahoo! for $1.6 billion, also expanded the scope of the deal to include computers sold […]