February 15, 2000 |
CMGI Inc. said it will acquire electronic-commerce service provider Tallan Inc. in a cash and stock deal valued at about $920 million. The Internet fund said Tallan would enable its CMGI Solutions, which helps companies conduct electronic commerce, to boost billable resources by 350%. Clients of Glastonbury, Conn.-based Tallan include computer storage provider EMC Corp., EToys Inc. and Priceline.com Inc.CMGI rose $3.44 to close at $115.50 on Nasdaq.
September 22, 1999 |
Hewlett-Packard Co. and Oracle Corp. signed a deal to jointly develop electronic commerce systems for their businesses. The partnership was designed to integrate HP's hardware and Oracle's software, allowing both companies to collaborate on sales efforts and expand market potential.
March 30, 2001
The Tustin electronic commerce company reported a net loss for the year of $5.7 million, or 18 cents a share, compared with a net loss of $3.5 million, or 11 cents a share, for the previous year. Sales increased 9% to $30.1 million.
CALIFORNIA | LOCAL
September 7, 1999
Processing Source International, Canoga Park, has been acquired by Accesspoint, Irvine, for an undisclosed sum. PSI becomes a wholly owned subsidiary, the company said. Accesspoint manufactures Internet-based electronic commerce solutions. PSI is a merchant bank-card processing company with approximately 40% of its business in Internet transactions.
April 28, 2000
The Irvine maker of Internet and electronic commerce security products reported first-quarter net income of $3.1 million, or 23 cents a share, up 144% from $1.3 million, or 10 cents a share, for last year's first quarter. Revenue rose to $36.4 million from $26.1 million.
July 9, 1997 |
Sybase Inc. Chairman Mark Hoffman resigned from the software company, effective immediately, to concentrate on running a closely held electronic commerce start-up. Hoffman, 52, spent 12 years with Sybase as co-founder, president, chairman and chief executive. He will leave the Emeryville-based company to focus on Commerce One Inc., a company developing electronic commerce software products. Hoffman started Commerce One in April and is its president and chief executive.
March 22, 2000 |
Financial losses attributed to computer crime in the United States probably doubled to $10 billion in the last year, in part because of the surging popularity of the Internet, according to the Computer Security Institute.