Phil Wainewright

Fast-growing startup diCarta, Inc announced closing a $26m mezzanine funding round on Monday (Jul 17th). Led by blue-chip investor Capital Research and Management Company, this round brings the total equity raised by di Carta to over $35m since its foundation in October 1998. A mezzanine round is normally viewed as the last before a company […]

Microsoft Corp unveiled a comprehensive new ASP business strategy this weekend at its Fusion 2000 partner channel conference in Atlanta GA. The announcements included a new certification scheme for ASPs, help with partnering, and support with implementing hosted services. The vendor also took the wraps off its subscription licensing for ASPs, which will come into […]

Microsoft Corp announced a commercial licensing program to offer flagship products including Windows 2000, SQL Server, Exchange and Office on subscription licensing through ASPs on Friday (Jul 14th). But it is keeping pricing for the new licence schemes under wraps until August 1st. The announcement came as part of a package of new programs for […]

UK-based ASP hosting and Internet security business ESOFT Global has raised £25m ($38m) in a private placing, it announced Tuesday (Jul 11th). The funding round included a £10m ($15m) contribution from leading European venture capital provider 3i Group plc, with the balance coming from Compaq Computer Corporation, CSFB Private Equity and Granville Baird Capital Partners. […]

High-end financials software vendor QSP yesterday launched an ASP service designed to help dot-com startups manage their finances. Implemented in as little as fifteen days, the service provides an enterprise-class financial management solution that will scale as the business grows, said the vendor. It also includes a “VC Portal” which gives investors the ability to […]

In a shock move announced this morning, Citrix Systems, Inc founder and chairman Ed Iacobucci has left the company. The driving force behind the creation of Windows terminal server technology has resigned “to pursue his vision of software as a service in cooperation with Citrix and other industry leaders,” according to a statement issued by […]

Enterprise computing systems vendor Unisys Corp co-ordinated an alliance of five leading companies to launch a European ASP enablement program today, and announced plans to open a European Centre of Excellence in Paris. Microsoft, Unisys, Cisco, EMC and StorageTek today announced ASP 2000, a European initiative that brings together the five partners’ technologies to meet […]

Much-watched ASP startup Corio gained Dell as an investor in April and aims to raise as much as $150 million in its proposed Nasdaq IPO, it emerged on Friday (Jun 9th). In papers submitted to the US Securities and Exchange Commission (SEC), San Carlos CA-based Corio Inc stated it will sell 10 million shares at […]

B2B software vendor Clarus Corp. appointed Telecomputing as its fifth ASP partner and added international support to its hosted e-procurement platform this week. Telecomputing Inc. introduced a “Quick Start” program for Clarus eProcurement as an antidote to lengthy implementation times that it says have been a major barrier against companies entering the e-procurement business arena. […]

JDe.Sourcing, the ASP division of ERP software vendor JD Edwards, was busy denying a premature report of its closure today. Leading enterprise resource planning (ERP) vendor JD Edwards announced a restructure yesterday, along with the loss of 800 jobs worldwide. But despite a report in online technology journal Infoworld.com that it was due to be […]

A new venture backed by key members of the founding team of Qwest Communications unveiled its plans for a pan-European intelligent IP services network in London yesterday. The innovative design of the high-speed IP network will put Europe ahead of the US in enabling the growth of the digital economy, the company claimed. “Our network […]

Fast-growing hosted e-commerce solutions provider freecom.net today announced the acquisition of midmarket financials software vendor Systems Union. Recent London stock market debutant freecom.net Group has acquired a controlling 80 percent of Systems Union‘s privately-held share capital. The acquisition will fuel freecom.net’s strategy of developing as an ASP that offers integrated front- and back-office e-business capabilities […]