Architel sale jeopardized by lost customer

Article Abstract:

ICG Communications Inc. of Englewood, CO, will stop using two of three products it licenses from telecommunications software developer Architel Systems Corp. ICG has also decided not to tap Architel for professional services. Architel has been hired by ICG Communications to integrate the automation of the telecom company's customer management, network inventory management and new service activation systems, but Architel failed to deliver. The loss of its largest customer is expected to jeopardize the proposed acquisition of Architel Systems by Amdocs Ltd.

United States, Computer Software, Software Publishers, Telecommunications, Capital expenditures, New orders received, Communication Software Pkgs, Software, Telecommunications industry, Telecommunications software, ICG Communications Inc., Architel Systems Ltd.

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Quebecor buys BCE's Canoe stake

Article Abstract:

Quebecor Inc, based in Montreal, Canada, acquired a 40% stake in Canoe LP, one of Canada's most popular Web sites, from Montreal-based BCE Inc for an undisclosed amount. The sale will help BCE concentrate on growing its Sympatico.ca unit. Canoe, which draws around 50 million pages views a month, provides free services including stock quotes, e-mail and news. Quebecor will take Canoe public to make it the firts publicly traded Internet portal site in Canada.

Internet service providers, BCE Inc., Canoe LP

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Basis100 makes $500,000 on domain name sale

Article Abstract:

Toronto, Ont.-based National Mortgage Professionals Inc. has acquired a domain name called themortgage.com from Basis 100 Inc. National Mortgage, which paid $500,000 for the domain name, will use the Web site for the mortgage borker industry.

Data Processing Services, Specialized Computer Services, Data processing and preparation, Mergers, acquisitions and divestments, Computer services industry, Information technology services industry, Information technology services, Domain names, Basis 100 Inc., National Mortgage Professionals Inc.

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