InternetNews Staff

Two New York-based content providers

Financial trading company iAsia Ltd. has announced plans to tender and initial public offering (IPO) on Hong Kong’s GEM early next month. Offer price for the shares is set to be between HK$.64 and HK$.70. There are to be 90 million shares issued. iAsia has granted an over-allotment option entitling the underwriters the right to […]

Aberdeen Group, a Boston IT market research firm, has launched an outsourcing infrastructure and services practice. Analysts will examine traditional outsourcing companies, data centers, hosting firms, and managed service providers, as well as the differing technology needs of companies, based on size and geographic location. “IT infrastructure is becoming increasingly complex and resources are drying […]

eRoom Technology, a Cambridge, Mass., maker of online software to help businesses and organizations collaborate with employees, customers and other partners, has opened an Asia-Pacific headquarters in Sydney, Australia. The Sydney office will serve eRoom customers in Australia, New Zealand and Asia. The company, which has more than 200 employees, also has offices in Canada […]

Angel investors and venture capitalists attending yesterday’s Early Stage Investment Forum at the Seattle Sheraton selected Aviarc Corp. of Seattle as the event’s most promising start-up company. SnapNames, Inc. of Portland, Ore. and Paradigm Optics, Inc. of Pullman, Wash., rounded out the top three, from 17 finalists who presented business plans at the event. The […]

Lastminute.com, the online provider of last minute solutions, has joined with Tourvest, the Tourism group, to launch locally as Lastminute.co.za. Tourvest owns 74.1 percent of the holding company, with Lastminute.com having the option of increasing their shareholding to 50 percent at a later date. Lastminute, which has satellite sites throughout Europe and an opt-in email […]

With the scheduled release of Microsoft’s xBox still seven months in the future, Redmond-based Nintendo seems to be getting a little annoyed by the fuss retailers are already making over pre-orders for the software giant’s entry into the gaming console market. Earlier this week, a confidential letter from Peter Main, Executive VP of Sales & […]

INRANGE Technologies today announced the availability of the 128-port version of its IN-VSN(TM) FC/9000(TM) Fibre Channel Director for building Storage Area Networks (SANs). According to INRANGE, which introduced a 64-port fibre channel director last year, it created the 128-Port FC/9000 in response to the demands of companies building SANs. These demands included a need for […]

Intel has started the process of abandoning the HomeRF standard for in-home networking and is switching to 802.11b, according to industry analysts Allied Business Intelligence (ABI). The switch is a major blow to HomeRF, which has been aggressively competing with 802.11b to become the major technology for home networks. Consumer acceptance of home networks are […]

[London, ENGLAND] European carrier-neutral Internet Exchange Center (IEC) operator Interxion Holding N.V. announced Wednesday a new managed connectivity service for its customers. The service, named Data-Connect, will enable customers to connect and exchange data traffic within Interxion’s network of European centers. At present, Interxion has operational IECs in Amsterdam, Brussels, Copenhagen, Dusseldorf, Frankfurt, London, Madrid, […]

Singapore Mainboard-listed Datacraft Asia, along with Datacraft Indonesia, NEC Nusantara Communications and Stimec Alita Nasio, have been awarded a US$6 million contract by PT. Telekomunikasi Indonesia to build a voice-over-Internet protocol (VoIP) network linking 19 cities across the archipelago. The network will enable PT. Telkom to introduce a host of VoIP applications, such as domestic […]

[JERUSALEM] – A return to “normal” business practices was the primary theme of the second annual Albert Einstein High-Tech Symposium, sponsored by the Jerusalem Fund of Aish HaTorah, an Orthodox Jewish educational organization. Venture capitalist Jonathan Medved of Israel Seed Partners, who is speaking at the next israel.internet.com InternetBreakfastForum (click here to register) characterized the […]