InternetNews Staff

LSI Logic Storage Systems, Inc., a supplier of storage solutions for the enterprise, today announced that the company’s MetaStor E-Series storage systems achieved the SANmark Qualification for the SCD-2003 and SCD-2001 test suites from the Fibre Channel Industry Association (FCIA). Passing these latest SANmark qualification programs means that MetaStor E-Series storage systems now officially adhere […]

Last week, Xevo hired Michael Dering as its new CEO. This week, the Marlborough, Mass., maker of service management software has given him the resources to do his job. Xevo has raised $20 million in third-round financing to expand internationally. Advanced Technology Ventures (ATV) and Morgenthaler were lead backers. Prism Venture Partners and Catalyst Health […]

StorageNetworks, Inc. , a provider of data storage management software and services, today announced that it has expanded its relationship with Merrill Lynch and will be providing data storage management services to the financial leader in Tokyo and Makuhari, Japan. StorageNetworks said it has been working with Merrill Lynch in the New York metropolitan area […]

Promise Technology, Inc. today announced that its FastTrak100 ATA RAID controller chipset is now available on one of two SKUs for the IntelServer Board SCB2 and Intel Server Chassis SR1200 (1U rackmount). According to the company, Intel is offering two product configurations of its rack-optimized SCB2 Server Board — either with the Promise FastTrak100 chipset […]

Western Digital Corp. today announced the WD Caviar 120 GB Special Edition hard drive that uses an 8 MB buffer. According to Western Digital, the 8 MB buffer is the largest buffer available today in a 7,200 RPM desktop EIDE hard drive. Western Digital said the WD Caviar 120 GB Special Edition 8 MB buffer […]

Hyannis, Mass.-based Infinium Software , a provider of Web-integrated enterprise business solutions, yesterday announced that its common stock will continue to be listed on the Nasdaq SmallCap Market. The Nasdaq Listing Qualifications Panel informed Infinium in a letter Wednesday: “The Panel was of the opinion that the Company presented a definitive plan that will enable […]

WebEvent, an Andover, Mass., maker of Web-based scheduling software, has named Andrew Sherman, formerly of NaviSite, as vice president of sales and business development. He has 25 years experience in the Internet, software, telecommunications, and hardware segments of the IT industry. James Cameron, WebEvent’s president and CEO said, “The momentum from his recent accomplishments — […]

Digital River, Inc. , the Minneapolis-based provider of outsourced e-commerce services, today announced that it has acquired the customer assets of FreeMerchant.com, an e-commerce technology and application service provider (ASP) serving small and medium size businesses, from Seattle-based Network Commerce, Inc., in exchange for $875,000 in cash. The acquisition intends to reinforce the company’s position […]

StorageNetworks , the Waltham, Mass., provider of data storage software and services, said William T. Schleyer has resigned from it board of directors to concentrate on his new duties as president and CEO of AT&T Broadband. Schleyer plans to step down from all outside directorships, StorageNetworks said. “We greatly appreciate the contributions Bill has made […]

Agency.com Launches Visa Verification Program New York-based Agency.com took the wraps off the “Verified by Visa” Web site and transaction interface for Visa U.S.A., the domestic unit of payment and credit card giant Visa. The program allows Visa cardholders to add passwords to their existing cards. When a consumer uses a “Verified by Visa” card […]

The TriZetto Group, Inc. , the Newport Beach, Calif.-based healthcare ASP, has signed a $32 million agreement with M*Plan, a 178,000-member health plan based in Indianapolis, Ind. Under the six-year contract, TriZetto will host and manage its Erisco’s Facets administrative software for M*Plan be responsible for processing medical claims, enrollment and other transactions. For a […]

Spending on customer relationship management (CRM) technology will remain flat over the next two years, as companies look to conserve cash and buy only when bargains present themselves, a new study from Meridien Research predicts. The Newton, Mass., market analysis firm focused on the financial services industry, predicts that overall 2002 CRM spending will be […]