Arepa Changes Name, Becomes Into Networks.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Dec. 8, 1999-- Effective today, Arepa, an innovative provider of broadband content on demand, has changed its name to Into Networks. The change was made to communicate the company's mission to create a worldwide platform for the real-time delivery of rich media over broadband networks  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. . The company has redefined the broadband Internet See broadband. experience with PlayNow(TM), its first service, which gives consumers click-and-play access to hundreds of software titles. "We believe that the name Into Networks reflects our vision for bringing millions of users into a new world of broadband content," said Vincent Grosso, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The word Into captures the excitement and potential of this new user experience made possible by our technology and relationships." The company will use www.intocorp.com as its new domain address. Into Networks secured more than $15 million in third-round financing in June from investors including Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , MediaOne Ventures, Motorola, Inc., Inktomi Corp., Intel Corp., National Computer Board of Singapore, Lauder Partners, BancBoston Capital, Fidelity Ventures Fidelity Ventures is the venture capital arm of Fidelity Investments. Based in Boston and London, Fidelity Ventures invests in emerging technology companies in North America and Europe. and Venrock Associates. At that time, the company also announced additions to the executive team, including Grosso, a twenty-year industry veteran with NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. Interactive and AT&T, as CEO. On September 13, 1999, Into Networks announced an agreement with Comcast@Home to offer the PlayNow service to selected Comcast cable systems. The service is now available to over 35,000 Comcast subscribers in Union, New Jersey. The PlayNow service is also currently in trials in areas of Canada and Singapore and the company expects a nationwide rollout with multiple cable operators in the U.S. later this year. About Into Networks Based in Cambridge, Massachusetts This article is about the city of Cambridge in Massachusetts. For the English university town, see Cambridge, England. For other places, see Cambridge (disambiguation). Cambridge, Massachusetts is a city in the Greater Boston area of Massachusetts, United States. , Into Networks, formerly Arepa, has created the leading platform for providing instant click-and-play access to rich media over broadband networks. Delivering on the promise of broadband content, the company has partnered with leading software publishers and broadband service providers An ISP, telephone company, cable company or other carrier that offers high-speed communications to homes and businesses, typically for Internet access. Cable modems, DSL and T1 lines are the common technologies. See broadband, cable modem, DSL and T1. to create the PlayNow interactive software service. PlayNow delivers an exciting new broadband experience by offering families leading entertainment, education and productivity software titles on-demand while eliminating the need to install and download to the user's computer. Into Networks was recognized as one of Upside Magazine's "Hot 100 Private Companies" in 1999. For more news and information, visit www.intocorp.com. |
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