Feeds

PointCast finds strategic investor – at last

Troubled push provider also drops Mac support

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Troubled 'push' software developer PointCast said yesterday it is close to winning the support of an unnamed strategic investor as it strives to turn a profit. The company also said it is dropping the Mac from the list of platforms it supports. Push technology emerged two years ago as a solution to so-called 'information overload'. Push pioneers developed applications to send Web-based information to users desktops rather than force those users to actively seek out that information. However, push largely failed to break into the mainstream -- to work efficiently, push needs a pervasive Internet connection, and few non-business users have access to one -- forcing Push companies like PointCast, Marimba and BackWeb to focus more on corporate information systems, and even there have met with limited success. PointCast itself is now turning its focus back to the mainstream in an attempt to cash in on the high-profiile Internet portal business, through its EntryPoint site. PointCast has been seeking a capital injection for some time. One option was an IPO, but the company pulled out in the summer. Last year, it attempted to find an investor or buyer, but that too failed to generate positive results, most notably the collapse of buyout talks with News Corp. in a deal rumoured to have valued the company at $400 million. That said, PointCast's IPO filing valued it at $250 million. PointCast yesterday claimed that the soon-to-be-signed investor was just one of dozens of potential investors keen to boost the company's finances in exchange for a stake. News of PointCast's decision to drop the Mac came in a letter to the company's information providers. "We have found that we cannot devote the resources required to deliver a quality service, especially one that services a very small portion of our viewers," said the letter. The company claims only five per cent of its 600,000 customers are Mac-based. On 1 December, PointCast will cease to make the Mac version of its viewer software available for download, with Mac-specific broadcasts coming to a close by the end of the year. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.