America Online and Loudcloud Announce E-Commerce Relationship; Businesses Can Now Outsource the Scalability and Management of Advanced AOL E-Commerce Technologies to Loudcloud.Business Editors/High-Tech Writers SUNNYVALE, Calif. and DULLES, Va.--(BUSINESS WIRE)--Feb. 27, 2001 America Online See AOL. Inc., the world's leading interactive services company, and Loudcloud Inc., the leading software infrastructure services provider, today announced Loudcloud's selection by AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. to be a preferred provider of AOL's e-commerce technologies. Under the agreement between the two companies, Loudcloud will host, manage and maintain the merchant portion of AOL's QuickCheckout wallet technology and future shopping technologies as part of the suite of infrastructure software services that Loudcloud provides to its customers. By partnering with Loudcloud, businesses can outsource all ongoing maintenance and management of their Internet site, including electronic wallet See digital wallet. technology, to Loudcloud so they can focus on the development of their online business. Quick Checkout allows for a more streamlined shopping process and dramatically reduces the time required to complete a transaction. Quick Checkout enables a customer to enter routinely requested information, including up to 10 credit cards, billing information and up to 50 shipping addresses, allowing them to save time and easily complete their future online transactions. "Loudcloud has developed an excellent reputation for stability and scalability for e-commerce solutions and expertise in deploying and managing Internet infrastructure," said Patrick Gates, Vice President of E-Commerce at America Online. "AOL's Quick Checkout wallet technology and Loudcloud's software infrastructure services enable a business to better meet the needs of their customers." "We believe that AOL's shopping technologies are among the best in the business and are thrilled to be working with AOL to provide merchants with a rock solid outsourcing option for America Online's advanced e-commerce services such as QuickCheckout," said Tim Howes Tim Howes is the co-inventor of the Lightweight Directory Access Protocol (LDAP), the Internet standard for accessing directory servers. The main purpose was to handle situations that the X.500 protocol suite could not address. X. , president of product operations at Loudcloud. About America Online, Inc. America Online, Inc., is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of AOL Time Warner Inc., (NYSE NYSE See: New York Stock Exchange :AOL). Based in Dulles, Virginia Dulles, Virginia is an unincorporated census-designated place located in Loudoun County, Virginia, part of the Washington Metropolitan Area. The headquarters of AOL, Orbital Sciences Corporation and ODIN technologies and the former headquarters of MCI Inc. are located in Dulles. , America Online is the world's leader in interactive services, Web brands, Internet technologies and e-commerce services. About Loudcloud, Inc. Loudcloud, Inc. was formed in September 1999 and offers businesses a new class of Internet infrastructure services required to provision, deploy, maintain and scale Internet operations. Founded by some of the Internet's early innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. , including Netscape co-founder Marc Andreessen (person) Marc Andreessen - The man who founded Netscape Communications Corporation in April 1994 with Dr. James H. Clark. Andreessen has been a director since September 1994. and former Netscape/AOL executives Ben Horowitz, Tim Howes and In Sik Rhee, Loudcloud provides Smart Cloud services which enable businesses to benefit from reliable, high-quality and scalable Internet operations without undertaking the difficulty and expense associated with building the required expertise in-house. These Smart Cloud services leverage Loudcloud's proprietary Opsware automation technology to deliver scalability and reliability for a broad base of customers. For more information on Loudcloud, please visit our web site at http://www.loudcloud.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion