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Subject: June2001 ECMgt.com: Better, Faster and Maybe Cheaper
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June 1, 2001 *4,200 subscribers* Volume 3, Issue 6
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  • HP, Accenture expand outsourcing alliance
  • Commerce Ready To Approve ICANN-VeriSign Deal
  • Thinking of Buying a High-Tech Start-up? Read This First
  • Boeing advances plans for Net-friendly skies
  • AOL Time Warner Strikes Deals with Cisco, CVS
  • Wine.com decanted into EVineyard
  • Compaq, Intel team to offer thin servers
  • Alcatel in talks to buy Lucent
  • KB Toys Grabs eToys' Name and Site
  • Online build-to-order carmaker looks for boost from merger
  • Virgin teaming with Sprint on new wireless carrier
  • Transmeta Inks Another Deal
  • Microsoft Aims For Integration With Identrus' Network
  • IDG Ventures, AOL Back Gay Web Company
  • Exodus snags Covisint deal
  • Terra Lycos mum on CNet/EarthLink buyout reports
  • Compaq, Microsoft, Others Team Up On Financial Services Venture
  • Palm Hits All Time Low, Cancels Merger
  • Orange and NTL Join Forces
  • Sabre signs $30 million PC deal with Compaq
  • Microsoft invests $127 million in New Zealand phone company
  • Retailing giant Fry's Electronics has taken a stake in Outpost.com
  • InstallShield(R) and Akamai Team Up to Enhance Delivery of Large Download Files
  • Mergers, acquisitions climb in first quarter

HP, Accenture expand outsourcing alliance
Hewlett-Packard and Accenture announced an outsourcing alliance focusing on moving clients from legacy applications to newer technologies.

Commerce Ready To Approve ICANN-VeriSign Deal
The Commerce Department will approve a deal that gives VeriSign near - permanent control over the global "dot-com" Internet registry in exchange for VeriSign agreeing to relinquish the "dot-net" registry earlier than it had planned.

Thinking of Buying a High-Tech Start-up? Read This First
Managers in large, established firms look worriedly at the pace and variety of innovation in their industry and wonder how - if at all - they can keep up relying on internal R&D alone

Boeing advances plans for Net-friendly skies
The Boeing Co. lined up content aggregator ScreamingMedia to provide Web content for the aircraft maker's in-flight Internet access service, which is due to launch in the middle of next year.

AOL Time Warner Strikes Deals with Cisco, CVS
AOL Time Warner Inc. said it expanded its technology and marketing deal with networking giant Cisco Systems Inc. and made CVS Corp.'s pharmacies a primary retail partners for its ``You've Got Pictures'' service.

Wine.com decanted into EVineyard
Not all wine gets better with age. Six years and some $200 million in venture-capital funding since the launch of Wine.com, has been swallowed by a competitor launched with a grubstake of just $20 million.

Compaq, Intel team to offer thin servers
Compaq Computer Corp. and Intel Corp. said they are working together to build an "ultra-dense" server designed to do more with less

KB Toys Grabs eToys' Name and Site
Brick-and-click toy store KB Toys announced that it has purchased the Web site, name and logo of defunct toy e-tailer eToys at a bankruptcy auction for approximately US$3.35 million.

Online build-to-order carmaker looks for boost from merger
Model E, a start-up that hasn't sold any of the luxury build-to-order vehicles it made available via the Web last fall, said it plans to merge with another company focused on mass customization of automotive products.

Virgin teaming with Sprint on new wireless carrier
After almost three months of negotiations, Virgin Mobile, the wireless joint venture between Virgin Group and Deutsche Telekom in the U.K., is close to announcing a virtual network operator service in the United States.

Transmeta Inks Another Deal
Transmeta gains more ground in the laptop market.

Microsoft Aims For Integration With Identrus' Network
Under an agreement between the two companies, Microsoft said it plans to make several of its core products more interoperable with the secure global network created by Identrus.

IDG Ventures, AOL Back Gay Web Company
Gay-oriented Internet media company PlanetOut Partners Inc. on Thursday said it has received $8.2 million in funding, including money from AOL Time Warner Inc.

Exodus snags Covisint deal
Riding aboard what could be just the ticket for its struggling fortunes, Exodus Communications Inc. will announce that it has been chosen to provide managed services and Web hosting for Covisint LLC, a global automotive e-business exchange.

Terra Lycos mum on CNet/EarthLink buyout reports
Just two days after posting a quarterly loss of $155 million and announcing plans to lay off nearly 100 staffers at its U.S. base, Spanish Internet company Terra Lycos is reportedly in talks to purchase either CNet Networks or Internet service provider Earthlink.

Compaq, Microsoft, Others Team Up On Financial Services Venture
Consulting firm Accenture said it's leading the formation of a new company that will offer to manage the processing of stock trading transactions, with Microsoft and Compaq Computer among the other investors.

Alcatel in talks to buy Lucent
Alcatel is in advanced talks to buy Lucent Technologies for more than $40 billion, and a transaction may be announced by early June.

Palm Hits All Time Low, Cancels Merger
It was a stormy afternoon for Palm, as the largest PDA maker cut its financial outlook and cancelled its merger deal with Extended Systems.

Orange and NTL Join Forces
The France Telecom stablemates are in talks to provide the U.K.'s largest cable operator with its own mobile service.

Sabre signs $30 million PC deal with Compaq
Sabre Holdings Corp. signed a deal yesterday with Compaq Computer Corp. with a potential value of $30 million to offer a variety of desktop PCs, notebook computers and services to more than 15,000 Sabre travel agencies.

Microsoft invests $127 million in New Zealand phone company
Microsoft Corp. has invested 300 million New Zealand dollars in, Telecom New Zealand, a deal aimed at building up the local version of its MSN Web portal.

Retailing giant Fry's Electronics has taken a stake in Outpost.com
Fry's Electronics has acquired 9.97 percent of the online electronics e-tailer, according to a regulatory document filed with the Securities and Exchange Commission.

InstallShield(R) and Akamai Team Up to Enhance Delivery of Large Download Files
InstallShield DigitalWizard(TM) Technology to Improve Delivery of Digital Goods from Last Mile of the Internet to the Desktop via Akamai's Digital Parcel Service

Mergers, acquisitions climb in first quarter
Mergers and acquisitions among venture-backed companies increased in the first quarter, but that bit of good news was offset by a decline in investors putting money into new venture funds.

 

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