InternetNews Staff

By @NY Staff Silicon Alley Web hosting firm Globix Corp. plans to file for Chapter 11 bankruptcy protection next month after securing a deal with bondholders to reduce the debt burden by approximately $480 million. Globix, struggling to cope with to lease terminations, severance packages, bad debts and troubles with suppliers, has reached a deal […]

Storage management software vendor Sanrise Group, Inc. released Storagetone Data Management Software (DMS) Version 4.1 today. In addition, Sanrise has delivered Storagetone DMS in two solutions: storagetone DMS Backup (BU) Edition, specific to enterprise backup and recovery environments, and storagetone DMS Storage Resource Management (SRM) Edition, for both secondary and primary enterprise storage platforms. “Storage […]

Brocade Communications Systems announced that the Brocade SilkWorm 3800 2 Gigabit/second (Gbit/sec) 16-port Enterprise Fabric Switch will be sold by Hewlett-Packard as the HP Surestore FC 16B. HP already offers the SilkWorm 6400, 2800, and 2400. SilkWorm fabric switches allow companies to connect servers with storage devices through a storage area network (SAN). “This new […]

Upgrading its service level agreement (SLA) technology, Response Networks has acquired rival AperServ Technologies for an undisclosed sum. The acquisition unites AperServ’s trouble-ticket integration, SLA credit calculator and Web monitoring services with Response Networks’ service level accountability, performance and quality of service management products. Also included in the deal is an investment in Response Networks […]

The first installment of the Top 20 ASP list in 2002 presents a dilemma for the ASPnews team. Ordinarily, a Chapter 11 bankruptcy filing would call for instant dismissal from the list of leading ASPs. In the case of USi , however, we have elected to declare a one-month reprieve pending further information. ASPnews Top […]

Onyx Software , a provider of customer relationship management (CRM) applications, says it will not reach the break-even point for its 2001 fourth quarter, which ended on December 31. (The company expects finals results to be announced in late January or early February.)

Inovaware Corp., a Honolulu, Hawaii-based application infrastructure provider (AIP) which develops Web-based billing and customer care software, Wednesday announced the release of an enhanced Software Development Kit (SDK) and new interfaces for its PRISM platform. Inovaware says the move comes as the emergence of new communication services such as location-based services, wireless content and online […]

Applix , a Westborough, Mass., maker of customer relationship management software, has selected Neil Follett, founder of the Compact Group, to manage the company’s European operations. He replaces Michael Scheib, a director of Applix who resigned from the company and will pursue other interests. “Neil is a seasoned executive whose successes include building a multi-national, […]

PeopleSoft Inc., the Pleasanton, Calif.-based Internet business software provider, today announced an agreement to purchase the intellectual property and certain assets of Mountain View, Calif.-based Annuncio Software Inc. Annuncio’s marketing automation solution for email and web customer interaction, combined with PeopleSoft’s Customer Relationship Management (CRM) solution, will enable companies to automate and personalize online customer […]

The TriZetto Group, Inc., the Newport Beach, Calif.-based healthcare ASP, yesterday announced it has signed an agreement to provide its HealthWeb Internet platform to health plan provider Premera Blue Cross. Premera Blue Cross, which operates as MSC incorporated as Premera Blue Crossin eastern Washington and in Alaska as Blue Cross Blue Shield of Alaska, is […]

Concordant, a North Chelmsford, Mass., information technology (IT) consulting firm, has launched a new offering aimed at bolstering the security of its clients systems. Using a scorecard approach, Concordant identifies vulnerabilities and provides recommendations to enhance security from internal and external threats. The review includes personal, workgroup, business-unit or enterprise systems. “What really makes our […]

Software giant Oracle Corp. , today announced that the National Bank of Dubai will upgrade its financial modules to the latest version of the Oracle E-Business Suite for updated financial reporting throughout the entire bank. In addition, the financial services firm will also roll out Oracle Human Resources Management System (HRMS), including payroll and self-service […]