Virtual networks tame cyberspace; CommerceNet, Media Park and DRUMs give businesses secure trading posts on the net

Article Abstract:

Several companies now offer business services on the Internet. The virtual networks serve as online forums for businesses that let users exchange ideas and products in a secure environment managed by a provider who maintains software compatibility, secure internet connectivity, and reliability. The CommerceNet consortium of public and private entities operates as a virtual hub for Silicon Valley entrepreneurs and venture capitalists; it is intended to facilitate interactions between companies, customers, suppliers, and developers. The consortium was founded by BARRNet, Stanford University, and Enterprise Integration Technologies; among its 80-plus participants are Apple, Bank of America, Citibank, Dun & Bradstreet, Intel, HP, Lockheed, National Semiconductor, and Packard Bell. CommerceNet is experimenting with the CyberCash system for secure online transactions, which uses encrypted electronic invoices and credit forms. Also described are Pacific Bell's Media Park network for the media industry, and Sprint's Drums service for direct global access to the Internet.

Computer related services, not elsewhere classified, Financial services, Internet, Forecasts and trends, Industry trend, Online information services, Online information service, Financial services industry, Access Methods

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Local Area Networks: Blessed Be the Tie That Automates

Article Abstract:

Local area networks (LANs), relatively new in communications technology, are supplied by 150 companies. By 1990 this may be a $3.5 billion industry. LANs provide communications links by cable within a limited area. The Loop from A.B. Dick connects up to 255 stations for a distance of up to 4,000 feet. Ethernet, a joint product of Intel, Digital Equipment and Xerox, was the first to be accepted as a standard. Barnister-Net's traffic speed is ten million bits per second. ConTelNet offers baseband and broadband options. Nestar's Plan 4000 uses both ARCnet and Ethernet with the IBM PC and Apple II and III. GEnet carries video and voice on the same cable. Several additional networks are described.

Telecommunications equipment, Office automation, Local area networks, Ethernet, Ring networks, LAN, Networks, Communications Equipment, Products, Broadband, Network Management Software, Baseband, Baseband transmission

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Management Buy-Outs Give Industry a New Lease of Life

Article Abstract:

Management buyouts in the United Kingdom are starting to increase in numbers as more companies are starting to spinoff unwanted divisions or subsidiaries. The major hurdle in the United Kingdom is convincing British board directors that such a move is not an outward sign of failure but a strategic decision. Selling out to division management can benefit all concerned parties because owner management will become more involved in the company operations and the parent company can make a quicker cash sale than by following regular selling procedures.

Investments, Divestiture, Spinoffs (Corporate), Divestment, Companies, United Kingdom, Financing, Spinoff Company

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