Archive for March, 2008

Undertone Networks raises millions to buy online ad upstarts

Monday, March 31st, 2008

Undertone Networks, one of the last independent online advertising networks, said Monday that it has taken its first round of private equity investment from JMI Equity, the firm that took DoubleClick private in 2005 and then sold to Google last year.
The 6-year-old Undertone would not disclose terms of the …
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Tags: 2005, 2007, 3.1, […]

IBM suspended from federal government contracts

Monday, March 31st, 2008

IBM has been indefinitely barred from entering into new contracts with the U.S. federal government.

The General Services Administration’s Web site shows that IBM was added to a database of “excluded” contractors and subcontractors on March 27 by the Environmental Protection Agency. Under reciprocity rules, other agencies honor …
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Tags: 99, pro

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Dell closing plant as part of 8,800 layoffs

Monday, March 31st, 2008

Layoffs hit close to home Monday at Dell, which said it will close its Austin, Texas, desktop manufacturing facility as part of an effort to trim billions in costs.

The Austin facility, which replaced a smaller facility in Austin, is where Dell fine-tuned its “build-to-order” strategy that allowed it to …
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Tags: 99, desktop, replace

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