InternetNews Staff

Xdrive Technologies, a provider of Internet information management software and services, has acquired the businesses of FreeDrive, a Enterprise Storage Application Provider. According to the companies, the acquisition brings together FreeDrive’s consumer and commercial web-based storage applications with Xdrive’s software and services that provide access, storage, backup, sharing, synchronization and transactional management of information distributed […]

Hughes Network Systems (HNS) shipped two million DirecTV receivers in 2001, reaching a new milestone of eight million total systems shipped since it began production in 1996. The Germantown, Md.-based HNS is a wholly-owned subsidiary of Hughes Electronics Corp., which provides broadband satellite network solutions for businesses and consumers, with more than 500,000 systems installed […]

Extended Systems , a provider of mobile data management and wireless connectivity solutions, has acquired AppReach, Inc., a small firm based in Baltimore, Md. specializing in the development of enterprise software that extends customer resource management (CRM) applications to mobile and wireless devices. Extended Systems issued approximately 34,000 shares of common stock in the acquisition […]

Hyperwave, a German maker of knowledge management software with U.S. headquarters in Westford, Mass., has raised $18 million in new financing to bolster its sales organization, enhance its technology and possibly make acquisitions. Previous backers, DVC, 3i, Atlas Venture, HiTech and new investor e-millennium, participated in the round. e-millennium is a venture capital fund focused […]

By @NY Staff IBM is unveiling what it calls the world’s fastest semiconductor circuit, operating at speeds of over 110 GigaHertz (GHz) and processing an electrical signal in 4.3 trillionths of a second. The circuit relies on IBM’s latest silicon germanium (SiGe) chip-making technology, which helps extend basic silicon to new breakthrough speeds. Already in […]

J.D. Edwards & Co. , the Denver, Colo.-based collaboration software provider, yesterday reported financial results for the first quarter ended January 31, 2002. The firm reported a considerable improvement in its operating results in the first quarter of fiscal 2002 over the first quarter of fiscal 2001. Pro forma operating income was $5.6 million, up […]

Tarantella, Inc., , a Santa Cruz, Calif.-based supplier of Internet infrastructure software, has announced that its Tarantella Enterprise 3 software has been chosen by MYBAU AG, a German business-to-business construction portal, to offer ASP services to its customers. Targeted at German architects, building engineers and construction firms, MYBAU AG is a communication and e-business platform, […]

Gaining a stronghold in the application infrastructure market BEA Systems, Inc. , the San Jose, Calif.-based software firm, yesterday announced results of its fiscal fourth quarter and fiscal year. For the fourth quarter ended January 31, 2002, BEA reported total revenues of $231.3 million, including license fees of $137.9 million. BEA also generated $47.4 million […]

Integration software maker webMethods, Inc. has appointed Mark Innes as managing director, Australia and New Zealand. He will be responsible for managing webMethods’ sales operations in the region, specifically targeting Global 2000 companies in the financial services, manufacturing, public sector, communications, and transport and logistics markets. In addition, Innes will oversee the Fairfax, Va.-based webMethods’ […]

By Erin Joyce As its stock trades for less than 30 cents in the aftermath of its scratched deal to be acquired by a rival Internet research and measurement firm, Jupiter Media Metrix is looking at its options for survival. The New York-based company announced on Tuesday that it essentially didn’t have the money or […]

Market-research firm RHK said the global transport market in 2001 saw $28.2 billion in revenues, down from the $33 billion estimated for 2000. Alcatel led the market in 2001 with a 16% share, followed by Lucent at 12% and Nortel at 11%. Fujitsu was next at 9%, followed by Ciena, Marconi and NEC, all at […]

More than 500 Bluetooth-enabled products have been certified by the Bluetooth Special Interest Group (SIG), the organization announced Thursday. The industry group said that it qualified more than 10 new short-range wireless Bluetooth products a week during the last quarter of 2001. It said about half of the 133 products qualified during that quarter were […]