Natasha Gray

In a successful effort to clean up its balance sheet Critical Path Inc. , the San Francisco, Calif.-based provider of integrated messaging solutions, today announced the closure of $95 million in new funding. Securing the equity financing transaction, will net the firm approximately $30 million in cash proceeds and eliminate $65 million of its five […]

iBasis Inc., , a provider of Internet-based voice communications services (VoIP), today announced that COLT Telecom Group plc. has interconnected its pan-European network with The iBasis Network, the global VoIP infrastructure. The agreement between the two companies has enabled COLT to route its international voice and fax traffic over The iBasis Network. It has also […]

Conxion Corp. the Santa Clara, Calif.-based provider of managed hosting services, today announced the launch of a new service for its European customers in the UK, Holland and Belgium, designed to help companies transition to Conxion’s managed hosting service from their current co-location hosting provider. In allowing customers to turn over their existing servers to […]

Business service providers (BSP) are showing signs of responding to the needs of enterprises looking for way conduct business processes quickly and at reduced costs says Dataquest Inc., a division of market research firm Gartner Inc. In its Research Brief: ‘What Processes Are Good Candidates for BSP?’ examining how new technologies are changing delivery strategies […]

BrassRing Inc., the Waltham, Mass.-based application service provider (ASP) of Talent Relationship Management (TRM) systems and eRecruiting services, today announced that it is developing an on-premise software version of BrassRing Enterprise, its until now Web delivered TRM solution. BrassRing Enterprise is a fully integrated system designed to help streamline the building of relationships with job […]

Helping to resolve the infrastructure dilemma for CIOs on whether to purchase natively integrated applications from a single vendor or custom-integrated applications from different vendors, German software giant SAP AG (SAP) today detailed its new open-standards-based infrastructure to provide support for both approaches. Using its mySAP Technology, which powers the mySAP.com’s e-business platform and its […]

Novell Inc. , the Provo, Utah-based provider of eBusiness solutions today announced an agreement with TIBCO Software Inc. , to bundle Novell’s identity management software Novell eDirectory, with the TIBCO ActivePortal 3.5 platform. The bundling will allow TIBCO to enable simplified portal management so customers, partners, suppliers and employees can access to the resources they […]

In a move to help credit card issuers comply with the new Visa Authenticated Payment Program, designed to ensure safe and secure online payment transactions, BT Ignite, British Telecom’s international and broadband solutions business and Arcot Systems Inc., a provider of e-business security solutions, today announced an outsourced, 3-D Secure payment authentication solution. Based on […]

Saleforce.com the San Francisco, Calif.-based provider of customer relationship management (CRM) services, has parted ways with John Dillon, the firm’s president and CEO of two years. According to Salesforce.com chairman, Mark Benioff, the departure happened last week and was a result of a mutual agreement between Dillon and the firm: “Every company goes through transitions […]

Vying to better its position in the growing Web application server market, Oracle Corp., will today announce its new product strategy for its Oracle 9i Application Server (Oracle9iAS) and will also address its long-range plans for the Web Services market. The announcement comes a week after both Microsoft Corp. and Sun Microsystems discussed their visions […]

The coming year could turn out to be a prosperous one for service providers (commonly referred to as xSPs), according to a report by Gartner Dataquest Inc., a unit of research and advisory firm Gartner Inc. . The report titled: ‘xSP Network Services: Are you xSPerienced?’ which presents survey results from 61 North American services […]

NaviSite Inc. , the Andover, Mass provider of manager hosting services, is to be given debt financing as a result of a financial restructuring agreement that was reached today between NaviSite owner CMGI Inc. and its other majority-owned subsidiary AltaVista Company, and Compaq Computer Corp. and Compaq Financial Services (CFS, a wholly owned subsidiary of […]