Colin C. Haley

EMC , which like other large IT companies curtailed expansion plans because of the struggles of its dot-com customers, continues to pursue old economy deals. Last week, the Hopkinton, Mass., data storage giant beefed up its client list with fast food chain Burger King, this week, it has driven a deal with automaker Ford Motor […]

TMP Worldwide was putting the finishing touches on its plan to bring online career site HotJobs into its corporate fold when Yahoo horned in. After all, it had been six months since TMP, whose flagship property is Maynard, Mass., job board Monster.com, proposed a stock swap worth $460 million. And though the purchase price slipped […]

Internet investor CMGI saw first-quarter revenue drop 22 percent but cut operating losses 81 percent from the previous quarter — a hopeful sign that its 16-month restructuring is stemming the flow of red ink. For the three-month period, the Andover, Mass., firm posted revenues of $200.7 million, down from $255.5 million in the fourth quarter. […]

GlobalWare Solutions, a Haverill, Mass., maker of supply chain mangement applications for electronics and software manufacturers, has raised $30 million in first-round financing to grow internally and by acquisition. Mezzanine Management, a large European private equity investor, was the lead backer. Boston investment bank Newbury, Piret & Company helped bring in the new stakeholder. “This […]

Telecom Argentina has chosen iBasis to help it expand international service. Financial terms were not disclosed. With the connection into iBasis’ Internet telephony network, Telecom will gains a new route for its voice and fax traffic. Meanwhile, iBasis, based in Burlington, Mass., expands the volume of calls it carries to and from Argentina, South America’s […]

Continuing to boost its presence in Europe, Monster.com has signed an agreement to provide online job listings and career services to millions of AOL Europe members. Financial terms were not disclosed. “The combination of AOL Europe’s strong consumer reach and Monster’s established leadership position in the global recruiting market will result in a robust European […]

Looking to increase revenue through new subscription services, Internet giant Terra Lycos will offer real-time financial market data and analysis, for about $200 per month. The package “further delivers on our corporate strategy of transitioning users from free services to higher value paid services,” said Mark Stoever, Terra Lycos’ media vice president. Last quarter, 64 […]

Microsoft , of Redmond, Wash., has chosen Monster.com, of Maynard, Mass., to provide career content for its popular MSN portal. Financial terms of the agreement, which include pooling tools, resources and technologies, were not disclosed. The collaborative site can be found at www.careers.msn.com. It’s the latest effort by Monster parent TMP Worldwide, of New York, […]

Netegrity , a Waltham, Mass., provider of security software for e-businesses, will buy DataChannel, a Bellevue, Wash., portal developer. The deal includes $15 million in cash and 2.5 million shares of Netegrity common stock. Based on Thursday trading price of about $13 per share, the total purchase price is $47 million. Using DataChannel technology, Netegrity […]

Akamai Technologies is trying to do what few of its contemporaries have been able to — adapt a business plan written during the boom to produce results after the swoon. The initiative, dubbed Akamai 2.0, represents a broad rethinking of the Cambridge, Mass., content delivery company’s sales, partnerships, product mix and capital expenses. Analysts briefed […]

There’s no way around it, EMC quarterly results, released earlier this week, were poor. The Hopkinton, Mass., data storage giant posted a net loss of nearly $1 billion and will cut another 1,600 jobs in response to a sickly economy made worse by the Sept. 11 terrorist attacks. Other factors include price competition from IBM […]

In a move with technology and business implications, RealNetworks has debuted RealArcade, an offering that let users to play streaming video games over broadband connections, rather than install software via Internet or CD-ROM. RealArcade also includes a service where users can rent, on a weekly ($4.99) or monthly basis ($14.99), popular titles such as “Deus […]