US-based eProcurement software vendor Metiom (formerly Intelisys electronic commerce) has filed for Chapter 11 bankruptcy protection after running out of cash, leaving some uncertainty over the future of its large investment in its Australian subsidiary.
Integration and Services: News
C1 links with Microsoft, Oz software a failure, New exchange software
Wholesale application service provider (ASP) Cavillon Systems has signed a new reseller that will also add value to the range of applications and services Cavillon offers.
Widespread problems with Telstra's ADSL (asymmetric digital subscriber line) network recently disrupted the service over a 15-hour period.
Wholesale ASP heads OS, All Aussie alliance for B2B, New channel manager
A Web-based directory for businesses that has earned the blessing of industry heavyweights is set to launch by next month, opening new ways for businesses to find partners and complete transactions together online.
US-based Web integrator Xpedior has filed for bankruptcy in the United States, and has closed its Perth-based Australian subsidiary as a result.
B2B e-commerce software developer Ariba reported a massive $US1.84 billion net loss ($7.60 per share) for its fiscal quarter ending March 31, despite new customer sales doubling.
AlphaWest, an IT integrator owned by Solution 6, has decided to branch into NSW with the acquisition of Sydney-based integrator Balanced IT.
Inktomi looks to channel , ETC scoops transport deal, Domain scam closed
Bad financial news from leading B2B vendors has served as an industry wake-up call, signalling a sharp shift toward private business-to-business market places and tentative corporate spending on IT.
UK-based software vendor Virtual Supply Chain is using an unusual model for attacking the Australian market, whereby traditional logistics firms in vertical industries partner systems integrators and act as ASPs to other companies in their vertical.
In a bizarre transition, an American reseller named Micron has decided to sell off its PC division, Micronpc.com, and announced it will merge with a Web hosting company to concentrate on the hosting market.
After staying mum on its future for the past week, Internet consulting firm MarchFirst has announced it will lay off 30 per cent of its workforce, or 1700 employees, sell many of its assets to Internet holding company Divine, and close its Australian operations in an effort to pay off a $US53 million loan.
Gartner analyst Rolf Jester has released his predictions for the ASP market in coming years, suggesting only 30 of the 81 ASPs Gartner currently recognises on the Australian market will survive by the end of 2002.
After more than a year's work on a common framework for global electronic business, sponsors of ebXML (electronic business extensible markup language) have submitted the specification to the initiative's quality review process.
The rehabilitation of unsuccessful Internet startup 131Shop is taking another step forward with the purchase of B2B specialist Redstar.
Internet infrastructure provider ehyou.com has acquired the Web hosting division of iAsiaworks Australia, its third acquisition of a Web hosting business in four months.
e-commerce developer Smartbuy has signed a 12-month agreement with service provider Call Centre Services to provide customer service to Smartbuy customers.
Internet software company Bullant has announced the closure of its major international funding foray, scoring $US23 million from a consortium led by JP Morgan.