Roy Mark

For the third consecutive year, Boulder, Colo., has been ranked by the Software & Information Industry Association (SIIA) as the top metropolitan area for software-related employment. The second leading area was San Jose, Calif., followed by San Francisco, Washington, D.C. and Seattle. Rounding out the top ten are Seattle, Boston, Austin, Raleigh-Durham-Chapel Hill, Denver and […]

Global network services provider Savvis Communications Corp. has signed an agreement for equity funding of approximately $158 million which will be used to reduce the Herndon, Va.-based company’s debt and other liabilities by approximately $214 million and to provide additional working capital to increase the company’s customer base. Welsh, Carson, Anderson & Stowe will hold […]

Federal government spending on information security systems and services will increase at a compound annual growth rate of 25 percent from $1.3 billion in fiscal year 2001 to more than $4.1 billion in FY 2006, according to a report released today by INPUT, a sales and marketing resource for technology vendors. The report says spending […]

Software AG, Inc., the Reston, Va.-based U.S. subsidiary of Software AG, Europe’s largest systems software provide, and T4 Consulting Group, Inc. (T4CG), a provider of Java and XML based solutions, have formed a strategic alliance aimed at leveraging Software AG’s product suite and T4CG’s XML integration experience. T4CG will provide XML integration capabilities with Software […]

Loudcloud, Inc. and Technical and Management Resources (TMR), Inc. have been awarded a contract by a U.S. government agency to assess and analyze its Web site architecture. Utilizing Loudcloud’s Performance Testing Service, TMR and Loudcloud will conduct stress testing and provide recommendations to the agency for how to maintain their Web site to avoid capacity […]

Motient Corp. plans to complete its pre-negotiated restructuring and exit Chapter 11 bankruptcy soon after April 25. The restructuring plan will complete the bondholder agreement to eliminate $335 million in bondholder debt and an associated $40 million in annual interest payments. Under the terms of the plan, bondholders will convert Motient’s senior notes to equity […]

XO Communications, Inc. has rejected a restructuring plan proposed by its’ bondholders over the weekend that would put the troubled broadband carrier in Chapter 11 bankruptcy. The new plan emerged after billionaire investor Carl Icahn, who, along with two other investors, holds $1 billion in XO debt, said he was opposed to XO’s current plan […]

A consortium of companies leading the development of interactive and enhanced television technologies have formed the Interactive Television Council (iTVC) under the auspices of the Information Technology Association of America (ITAA). The new organization will promote the development and deployment of these technologies and related services to provide member companies with a venue for the […]

Billionaire investor Carl Icahn said Thursday night he is opposed to XO Communications Inc.’s proposed restructuring plan that the broadband carrier says would keep it from filing for bankruptcy. Icahn, it turns out, has a keen interest in the Reston, Va.-based company. He and two still unnamed parties hold $1 billion of the company’s debt. […]

Outsourced e-business provider WebSideStory, Inc. is reporting America Online (AOL) continues to lead all other Internet service providers (ISPs) worldwide by a wide margin. According to a San Diego-based StatMarket report, AOL held a global usage share of approximately 14 percent as of Feb. 27. AOL’s nearest competitor is a friendly one. Road Runner, which […]

According to new survey results released Tuesday, wireless executives believe that U.S. spectrum policy is flawed and that federal regulators are to blame for the current dispute involving NextWave Telecom. The survey results come in the wake of Monday’s decision by the Supreme Court to hear the long-running case between NextWave and federal regulators over […]

A little more than a week after the Federal Trade Commission (FTC) conceded review authority over the AT&T-Comcast proposed merger to the Department of Justice (DOJ), the two agencies have entered into a formal agreement that gives the DOJ authority over all media, communications, publishing and entertainment industry mergers. The Memorandum of Agreement between the […]