Feeds

EC greenlights PSINet Europe sale

Go on then

  • alert
  • submit to reddit

Top three mobile application threats

The sale of PSINet Europe to a consortium including ClearBlue Technologies, Israel Corporation and Infinity Holdings has been given the green light by the European Commission.

In May a US bankruptcy court gave its approval for the $9.5 million sale to go ahead after its parent, PSINet Inc decided to auction off the business.

Following the clearance of this hurdle R Scott Arnell is to step down as president and COO of PSINet Europe.

He will be replaced by Richard E Williams as PSINet Europe's new CEO.

Williams has worked in the telecommunications, computer and software industry for over 34 years and is the former founder, President and CEO of RSLCOM Europe Limited, part of Israel Corporation.

He also served as a founding Director of WorldCom (UK).

PSINet Europe generated revenues of around E180 million last year and boasts operations across 12 European countries. ®

Related Story

PSINet Europe sale gets US green light

3 Big data security analytics techniques

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.