Information technology services industry
UBS, the Sydney office of investment bank, has announced plans to launch a new alternative benchmark index series that will include News Corporation shares, despite the Australian indices considering removing the company due to its planned relocation to the US. The move comes as local investors dump stock in Rupert
Information technology services industry
Nextel Communications Inc. has been named one of the top workplaces for information technology (IT) professionals by IDG's Computerworld. This recognition is a result of Nextel's commitment to providing challenging work, ongoing education and professional development programs, flexible schedules, and bonus and award incentives to its
Information technology services industry
Computerworld, the trusted source for critical information needs of senior IT management, has been named to the Media Power 50 for the second year in a row. This recognition comes on the heels of the web site's recognition in last year's rankings and the print edition&
Information technology services industry
Diebold Inc. [DBD] announced its third order from UTI Bank in India, supplying a minimum of 600 automated teller machines (ATMs) and turnkey auxiliary services. Unisys Corp. [UIS] will participate in the UBS 2004 Software & IT Services Conference, with Al Binford speaking on a panel. CheckFree [CKFR] launched its
Information technology services industry
Adelphia Communications Corp.'s search for an investment banker to advise on the sale of its $20 billion cable business may be complicated by the firm's past relationships with several major banks. The bankruptcy code's "disinterested standard" bars any investment bank that has
Information technology services industry
Metavante Corp., a payments processor owned by Marshall & Ilsley Corp., has announced a deal to buy NYCE Corp. for $610 million in cash. The acquisition, which is subject to regulatory approval, comes after 22 firms expressed serious interest in buying NYCE from First Data Corp. The deal is seen
Information technology services industry
Metavante Corporation, a leading provider of electronic funds transfer and card solutions, has signed a definitive agreement to acquire NYCE Corporation, the nation's second-largest electronic funds transfer network, for approximately $610 million in cash. The acquisition is subject to regulatory approvals and other customary conditions, and Metavante expects
Information technology services industry
Payroll debit cards are on the verge of significant growth in the US, driven by the marketing efforts of third-party transaction processors and ATM drivers to small and mid-size financial institutions. According to the American Payroll Association, less than 4% of 3,381 responding employers offered payroll cards to their
Information technology services industry
Level 3 Communications, Inc. has announced a partnership with Pac-West Telecomm, Inc. to deliver a VoIP (Voice over Internet Protocol) solution to enterprise customers through Level 3's (3)Tone Business Service. This partnership enables Pac-West to offer its VoIPpro solution, which provides a complete suite of Internet applications
Information technology services industry
Adelphia Communications, the nation's fifth-largest US cable operator, has 5.5 million subscribers, mostly in the western US. The company is considering putting itself up for sale as it prepares to emerge from bankruptcy protection. This move has sparked speculation about potential takeover candidates, with Comcast and Cox
Information technology services industry
IAC/InterActiveCorp, the world's leading multi-brand interactive commerce company, has successfully completed its acquisition of TripAdvisor, Inc., the leading travel research site. This move will see TripAdvisor operate as a separate brand within the IAC Local and Media Services Group, led by Anne Busquet, CEO. The acquisition terms
Information technology services industry
VRX Worldwide Inc. and Expedia, Inc. have entered into an agreement to create a new series of travel websites, branded Xplore, which will utilize VRX's private label booking engine technology to provide users with a unique travel experience. The Xplore travel sites will feature rich visual information, including
