InternetNews Staff

Legato Systems, Inc., an enterprise storage management software vendor , today announced financial results for its second quarter 2001. For the second quarter of 2001, the Company reported revenue of $62.5 million as compared to $61.0 million for the first quarter of 2001 and $58.3 million for the second quarter of 2000. Net loss, excluding […]

Mutual Information Exchange (MIX Inc.), a developer of specialized Web-based business applications, today announced the release of MIXvault, a Web-based PC backup solution specifically designed for ISPs and other companies serving customers via the Web. According to the company, MIXvault allows resellers to privately brand both their version of the website and the client experience, […]

Network Attahced Storage (NAS) vendorAuspex Systems today announced a new modular design that it says allows its recently released NS3000 series of enterprise data servers to fit in a standard rack and support dual AC power supplies while delivering single-node 19,755 IOPS file serving power and up to 68 terabytes (TB) of storage.The new configuration […]

SAN Holdings, Inc.,a provider of data storage solutions, today announced the engagement of Grant Thornton, an international accounting and managerial consulting firm, for the fiscal year 2001 audit beginning with the second quarter 2001 review. Although the Company ays it had no disagreements with their prior audit firm, Causey Demgen and Moore, the Company’s thinks […]

In response to increasing demand for dedicated hosting services in Latin America, Diveo Broadband Networks, Inc. is introducing Diveo Easy Host, a turnkey dedicated hosting solution based on the Sun Cobalt RaQ server appliance platform. Easy Host is the latest addition to Diveo’s portfolio of dedicated and managed hosting services for Latin American businesses. Targeted […]

InvisibleHand Networks, a Burlington, Mass., maker of bandwidth provisioning software, has banked $2.5 million in new financing for product enhancement and sales and marketing. The new backing comes from Polaris Venture Partners and individual investors. Since its founding in 1998, the firm has raised more than $8 million. “By awarding the additional funding in this […]

Weeks after closing its acquisition of rival network Women.com, iVillage Inc. has purchased Business Women’s Network (BWN), an online women’s media company. iVillage made the acquisition by purchasing control of Public Affairs Group, Inc., of Washington, D.C., the parent company of BWN. The Web portal and women-focused new media company did not say in its […]

Redwood City, Calif.-based diCarta Monday says it is naming Boz (Brian) Elloy as senior vice president in charge of product development. A former executive at Oracle (Nasdaq: ORCL), Elloy will be responsible for continuing key integration projects with leading business and customer management applications. The company’s Web-based contract management software automates the entire contract lifecycle […]

Even though the semiconductor industry is in the doldrums, growth of integrated circuits (IC) for home networking is expected to grow quickly, a report released Monday by Allied Business Intelligence says. Leading the growth will be ICs for wireless networks, the study says. By 2006, wireless networking will account for 48 percent of all home […]

The Optical Storage Technology Association (OSTA) today announced the appointment of Dave Suden, chief technology officer of Rimage Corp., as chairman of its CD/DVD Committee. In this role, Suden will be responsible for establishing a forum in which suppliers throughout the optical storage industry will address issues involving CD and DVD technologies. “OSTA recognizes the […]

The Fibre Channel Industry Association (FCIA) today announced the results of the 2001 board of directors election. The board is the governing body of the FCIA, responsible for the creation of programs to increase awareness of the multiple benefits of Fibre Channel. The FCIA is also responsible for driving hardware device interoperability through testing programs […]

Trebia Networks, Inc., a network processor vendor for storage network applications,today announed it has secured over $30 million in funding, which brings total venture capital raised to $40 million. According to the company, Atlas Venture led Trebia Networks’ second major funding round and was joined by Kodiak Venture Partners, Raza Foundries, BancBoston Ventures, VantagePoint Venture […]