January 4, 2000
Irvine-based FutureLink Corp., which creates Internet-based programs for small- and medium-size businesses, said its stock will begin trading today on the Nasdaq National Market under the symbol FTRL. The stock, which had rocketed last year in over-the-counter trading, closed Monday at $30, up $4 a share. The shares traded as low as $1.30 in April.
December 23, 1999
FutureLink Corp., an Irvine-based provider of computer-application hosting services to businesses, agreed to acquire privately held KNS Holding Ltd., a British firm that is the largest distributor of Citrix Systems server software outside the United States. The software runs servers and other computers. Financial terms of the transaction were not disclosed. Early this month, FutureLink acquired VSI Technology Solutions, a Beltsville, Md.-based reseller of Citrix server software.
December 4, 1999 |
FutureLink Corp., an Irvine-based provider of computer-application hosting services to businesses, agreed to acquire closely held VSI Technology Solutions for $26.5 million in cash and stock, gaining clients in the U.S. mid-Atlantic region. The purchase price includes $19.5 million in FutureLink stock and $7 million in cash. Beltsville, Md.-based VSI is a reseller of Citrix Systems Inc.'s application server software, which runs servers and other computers.
October 20, 1999 |
Irvine-based FutureLink Corp. said it has named Philip R. Ladouceur its permanent chief executive. Ladouceur, 57, has been interim CEO since August, when Cameron Chell, citing personal reasons, resigned after slightly more than a year in office. Ladouceur is former head of MetroNet Communications Corp., Canada's largest competitive local exchange carrier. It was recently acquired by AT&T Corp. for $3 billion and merged with AT&T Canada.