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.