PSINet throws in towel and files for bankruptcyPSINet's data storage dreams of building a $500 million switching centre in Mascot, Sydney, were dashed last week when its parent company in the US filed for bankruptcy after months of speculation.
While PSINet assured the market its Asia operations and its Metamor consulting business were not insolvent, the group has pared down its plans to build potentially the biggest data storage centre in the southern hemisphere.
The company stormed into the Australian market in 1999, with the acquisition of local Internet service provider, Zircon.
Vendors set to make Linux server friendlyIBM, Fujitsu, Hitachi and NEC have banded together to work with the open-source community to make Linux more suitable for use on servers in the enterprise environment.
One of the first ports of call is to enhance Linux's serviceability, making it easier to isolate problems quickly and precisely in systems running Linux. The vendors will also develop NUMA (non uniform memory access) capabilities for Linux and work to make Linux more scalable.
It appears the growth of Linux has become too great for even the likes of IBM to ignore. Last week, the vendor cited IDC figures showing Linux as the fastest growing server operating system with 166 percent growth last year.
The vision behind the new partnership is to continue this growth by pushing Linux beyond network servers, where it has already gained some acceptance, to enterprise servers.
Midware acquires IMAC
Professional services and software firm Midware is expanding its base in Australia's tropical regions following the acquisition of IMAC Support Services in a share transaction worth $500,000.
The deal is expected to add between $1.5 million and $1.8 million in additional revenue to Midware's coffers within 12 months by leveraging off IMAC's 250-plus established consulting services and software clients throughout Queensland and the Northern Territory.
IMAC's managing director and founder, Ian McCaskill, will assume the role of chief technology officer to focus on maintaining the group's product development lead.
Midware will issue 2.5 million fully paid shares at 20 cents per share and 500,000 options in consideration for the IMAC business.