John Lewell

[May 19] European broadband services company chello broadband N.V. announced Friday the price range for shares it proposes to sell in its IPO on the Amsterdam and Nasdaq markets. chello will issue nearly 27 million new ordinary shares, or around 10 per cent of the company, for between 13 euros and 17 euros per share […]

[May 19] In the run-up to Internet World UK 2000, leading dot.coms have criticized what they say is the U.K. Government’s poor support of e-commerce, with only 7 per cent believing the minister in charge to be effective. The survey, conducted for Penton Media’s Internet World, will come as a shock to the Government, as […]

[May 18] In a deal said to be worth $13.1 million, career portal Monster.com announced Thursday its acquisition of RecruitmentScotland.com, Scotland’s largest recruitment site. Under the terms of the takeover agreement, Monster.com’s owner TMP Worldwide has issued 205,703 shares of common stock for all the shares of Business Technologies Limited, the company behind RecruitmentScotland.com. Predicting […]

[May 18] The collapse of European online sportswear retailer boo.com was the result of poor execution of a good idea, according to analysis by Forrester Research. In a memo distributed to journalists, Forrester’s Dr. Therese Torris asks: “Why did boo.com flame out so fast?” — and answers by saying that the firm failed to do […]

[May 17] Internet corporate finance site MoneyZone.com announced Wednesday the appointment of Fenwick Chapman Associates as its U.K. affiliate in a significant overseas expansion of its services. “Fenwick Chapman will be our eyes and ears in the U.K., helping us establish necessary relationships and aggregate appropriate deal flow,” said Nick Pili, vice president of MoneyZone.com. […]

[May 17] Vodafone AirTouch Plc and VivendiNet S.A. confirmed Wednesday their intention of creating Europe’s first multi-access Internet portal by signing a formal agreement. At a press conference in Paris, Chris Gent and Jean-Marie Messier — respectively chief executives of Vodafone AirTouch and Vivendi — explained that the new portal would let customers access the […]

[May 16] Hyperchannel Ltd and TechnologyNet announced Tuesday their intention to create a global trading system for the IT industry. Hyperchannel already runs the Hyporium trading system in seven languages across 13 European countries, while TechnologyNet operates in the United States and Canada. Together they will make what they call a “global e-marketspace,” cooperating on […]

[May 16] In a move designed to keep eBay at bay, QXL.com plc announced Tuesday a merger with ricardo.de AG to create QXLricardo plc, Europe’s largest online auction company. The deal values the German-based ricardo at £668 million (just over $1 billion), 27 per cent above its closing price on May 15. QXL has agreed […]

[May 15] For the first time in its two-year history, BBC News Online is to supply content to an external site by teaming with Yahoo! UK & Ireland News. The BBC’s news feed to Yahoo! will be updated every five minutes and include the top stories from its main categories of U.K., world, politics, business, […]

[May 15] ITXC Corp announced Monday the opening of a London Super PoP (Point of Presence) to meet the needs of European carriers who want greater capacity for Internet telephony. ITXC Corp operates the world’s largest Internet telephony network, with ten of the top twelve U.S. facilities-based carriers already using it. Its webtalkNOW! service lets […]

[May 12] Total Research Corporation of New Jersey announced Friday the completion of its purchase of European Internet research company Romtec Plc for $7.2 million. Total Research is paying for the acquisition in cash and notes, $4.1 million now and the remaining $3.1 million over two years. However, only $2.1 million of the outstanding sum […]

[May 12] Global Capital Partners Inc. announced Friday that its online trading division Sutton Online LLC has formed a European subsidiary to be based in Germany. Sutton Online Europe will provide online trading services to European clients, using Sutton’s professional-level online trading platform and order-routing service. Users will be able to trade in both U.S. […]