Genuity and HP Ink Strategic Hosting Alliance.Business/Technology Editors BURLINGTON, Mass. and PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)-- July 31, 2000 Genuity Selects HP as Primary Windows 2000-Based Hosting Platform Provider; HP to Market Genuity's Managed Hosting Services Genuity Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GENU genu /ge·nu/ (je´nu) pl. ge´nua [L.] 1. the knee. 2. any kneelike structure. genu extror´sum bowleg. genu intror´sum knock-knee. ) and Hewlett-Packard Company (NYSE NYSE See: New York Stock Exchange : HWP HWP Height (and) Weight Proportionate HWP Half-Wave Plate HWP Highway Patrol HWP Height Weight Proportional HWP Hewlett-Packard Corporation (stock symbol) HWP Hydrolyzed Whey Peptides ) today announced the signing of a multi-year strategic alliance to accelerate the delivery of hosted e-services to global enterprises and service providers. Under the agreement, Genuity designates HP as its primary hardware provider for its Windows 2000-based Web hosting services. HP becomes a new sales channel for Genuity's managed e-business hosting services and plans to create a dedicated Genuity sales team within the HP sales organization. The strategic alliance was formed to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the rapidly growing managed and custom hosting market, which Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
The two companies also intend to team to create innovative solutions in key markets, including business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) private exchanges. The new solutions will fully leverage HP's leadership in providing always-on infrastructure, services and consulting with Genuity's comprehensive E-Business Network Provider platform - an integrated combination of best-of-breed Internet access See how to access the Internet. , managed hosting and value-added services including Virtual Private Networks (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ), security and voice-over-IP (VoIP). The Genuity and HP partnership will accelerate the development and delivery of B2B and business-to-consumer (B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. ) extranets and secure managed intranets. Genuity and HP also will pre-configure HP servers in Genuity's data centers to help accelerate provisioning time and dramatically decrease customers' time-to-market for their B2B and B2C extranet and intranet solutions. "This is a powerful alliance of two industry leaders uniquely positioned to deliver managed e-business solutions to the market," said Joseph C. Farina, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Genuity. "Partnering with HP is yet another step taken to focus on our value-added services such as Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. , to accelerate provisioning time and deliver integrated solutions to our customers." "As market leaders, HP and Genuity will work together to develop and deliver the reliable and scalable solutions businesses need to meet their growing demands for e-services," said Nick Earle, president of HP's E-services Solutions organization. "Genuity's comprehensive suite of managed Internet infrastructure services, combined with our e-services vision, global presence and world-class products and services, will help customers derive new value from the Web." "As demand for hosted services continues to grow, so does the demand for new services based on Windows 2000," said Thomas Koll, vice president, Network Solutions Group at Microsoft. "Genuity, working with HP, will be well positioned to provide a range of hosted services to successfully meet their customers' needs." Genuity Data Centers Support High-Performance E-Business Genuity's 11 Class A data centers are strategically located around the world, connected to the Internet through Genuity's 17,500-mile, next-generation, fiber optic network and its Tier 1 backbone. Genuity's dedicated Internet staff provides customers with the architecture and 24x7 management and monitoring services required to deploy scalable, high-performance e-business initiatives. Built on HP's Always-On Infrastructure HP's world-class solutions empower businesses ranging from the smallest Internet start-ups to the largest corporations to take advantage of the Internet economy. HP provides the mission-critical Internet infrastructure needed to support e-services and business solutions, available on HP's servers, operating systems, storage solutions, and software, with HP service and support. These components all work in concert to establish the always-on Internet infrastructure that customers require. HP's products, services, technologies and solutions consist of best-in-class pre-tested, pre-integrated, pre-certified components from both HP and strategic partners. About HP Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services -- is focused on making technology and its benefits accessible to individuals and businesses through simple appliances, useful e-services and an Internet infrastructure that's always on. HP has 86,000 employees worldwide and had total revenue from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the of $42.4 billion in its 1999 fiscal year. Information about HP and its products can be found on the World Wide Web at http://www.hp.com. About Genuity Genuity (NADAQ: GENU) is a leading e-business network provider of high-quality, managed Internet infrastructure services to enterprises and service providers. Genuity offers a comprehensive suite of managed Internet infrastructure services to deploy corporate intranets, and business-to-business and business-to-consumer extranets, including: Internet access through dial-up, dedicated and digital subscriber lines; Web hosting and content delivery; and value-added e-business services such as virtual private networks (VPNs), security services and voice-over-Internet Protocol (VoIP). With extensive IP experience, the company integrates its suite of services into corporate networks and delivers high-performance, secure and scalable infrastructure services for conducting business on the Internet. Based in Burlington, Mass., Genuity has offices and local partnerships throughout the U.S., Europe, Asia and Latin America. Additional information about the company can be found on the company's Web site at http://www.genuity.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion