InternetNews Staff

Security software company Network-1 Security Solutions , which is looking to be acquired, has discontinued its distributed firewall product and laid off staff to free up cash. A company spokesman did not immediately respond to an inquiry from internetnews.com. “Management believes . . . that it has sufficient cash to fund its operations through 2003, […]

The Security Space Web Server Survey is a survey of Web server software usage on the Internet broken down by 86 domains. Security Space estimates that even though there are almost 20 million Web sites, nearly 90 percent are “orphans” to which no other sites link. Security Space’s Web server survey includes only those servers […]

Comtech Telecommunications ,a Melville, N.Y., wireless networking equipment equipment maker, has received an order from a customer in Asia worth $1.3 million. The contract was awarded to Comtech’s Tempe, Ariz., subsidiary, Comtech EF Data, and includes the company’s CDM-600 satellite modem, as well as its SDM-2020 and SDM-9000 modems. For competitive reasons, the name of […]

Enhancing its portfolio of supply products, Atlanta-based Manhattan Associates has paid Internet Capital Group (ICG) $20 million cash for its Logistics.com subsidiary. Software from Burlington, Mass.-based Logistics.com lets businesses manage shipper and carrier contracts as well as arrange for spot procurement by truck, plane or ship in the United States and abroad. Logistics.com’s products are […]

A new General Accounting Office (GAO) study says “critical work” still remains on the Department of Education’s online system for streamlining and tracking the federal student financial aid program. The report concludes that the program, operated by the Office of Federal Student Aid (FSA), is almost year behind schedule. In 1999, the FSA adopted a […]

Student Advantage , a firm that allows college students to register online for discounted goods and services, remains in talks to sell the company to an investor group led by its president and CEO Raymond V. Sozzi, Jr. The offer from Sozzi and a group of investors was originally floated in late September. At the […]

Adding to its wireless networking offerings and customer base, WPCS International , of Exton, Pa., has acquired Walker Comm, of Fairfield, Conn., for about $5.47 million. The purchase price includes $1 million in cash and 2.48 million shares of WPCS common stock. “The acquisition of Walker Comm is a critical milestone for our company,” said […]

DSL.net , has cleared a legal hurdle in its effort to finalize yet another acquisition. The New Haven, Conn., broadband access provider said its $14 million bid ($9 million cash plus a $5 million note) for Network Access Solutions (NAS) has been approved by a U.S. bankruptcy court judge. The offer was submitted in late […]

Next Level Communications , a Rohnert Park, Calif., provider of equipment that helps telco’s transmit broadband content over existing phone systems, has signed three new deals with telecom service providers. KMTelecom, Venus Telephone and Allendale Telephone, will soon deploy the Next Level’s full service access platform. Financial terms of the sales were not disclosed. With […]

DirecTV Broadband customers will not be left in the lurch when the high-speed Internet service is discontinued next month. DirecTV Broadband’s parent, Hughes Electronics , has inked deals allowing subscribers to shift to SBC Yahoo!, BellSouth and Verizon (depending on where they live) with limited interruptions to their service. Ned Hayes, president and CEO of […]

China has closed more than 3,300 Internet cafes in a safety crackdown launched after a fire in June at a cafe killed 25 people, according to published reports. Officials had inspected about 45,000 Internet cafes in the past six months. Operations of nearly 12,000 of them had been suspended pending improvements and more than 3,300 […]

UNOVA, a corporation specializing in wired and wireless automated data collection, has sold approximately 150 of its domestic and foreign patents and patent applications to Broadcom Corp. for $24 million. The patents purchased relate to wireless local-area networking and wireless communications including dual-radio access points and hierarchical networks. In addition, Broadcom purchased UNOVA’s patents for […]