63:, Globix bought an eight-story building in New York City to serve as a data center, which was announced at Internet World 2000 by Bell, who cited "tremendous demand for our managed Internet Data Center services". The company already had nearly 300,000 square feet of data center space, and planned four additional centers. The company completed a $ 600 million bond offering in 2001 to fund further expansion.
70:; its market capitalization had fallen from almost $ 1 billion in 1999 to $ 5.87 million. Globix emerged from Chapter 11 bankruptcy in April 2002, with creditors receiving $ 120 million in notes in exchange for the $ 600 million in bonds they held. In October 2003 Globix sold its New York City data center to fund operations and retire some of its debt.
77:
focused on Web-based applications. In July 2004, Globix announced it intended to merge with NEON Communications, Inc., a provider of optical networking to carriers and large companies in the US Northeast and mid-Atlantic, and the deal closed in March 2005. For the fiscal year ending
September 30,
55:
By June 1998 the company offered "dedicated
Internet access, Web Hosting, Co-location, network and systems integration, interactive media development (including 2-D and 3-D animation) and instructor-led corporate training" and changed its name to Globix Corporation.
81:
In late 2005 and 2006 Globix restructured and paid down debt by selling off assets, including its New York city headquarters, a UK subsidiary, and its hosting business, the latter of which it sold to
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As the dot-com bubble burst, in August 2001 the company hired a new CEO and in
January 2002, Globix filed for
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is a company that provided internet infrastructure and network services; it went bankrupt following the
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In the mid-1990s the company expanded into
Internet products and services and completed an
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2004, Globix reported a net loss of $ 41.4 million and had $ 95.8 million in debt.
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Globix
Selling its US Hosting Business to Quality Technology Services for $ 20
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announced it intended to acquire NEON and the deal closed in
November 2007.
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In
February 2007 Globix changed its name to NEON Communications Group, Inc.
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RCN To
Acquire NEON Communications Group For Up To $ 5.25 Per Share
37:
Globix
Corporation was founded in 1989 as Bell Technology Group, a
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Bell
Technology Group Announces Name Change to Globix Corporation
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Technology Briefing | Internet: Globix Plans To Seek Protection
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Globix Corporation Becomes NEON Communications Group, Inc.
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Rich Miller for the CarrierHotels News October 21, 2003
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News wire, Channel Partners Online. November 13, 2007.
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Patrick Barnard for Mobility Techzone October 3, 2006
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Staff, The Wall Street Transcript. September 2, 2002
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News wire. Channelpartnersonline.com March 8, 2005.
73:In November 2003 Globix acquired Aptegrity Inc., a
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132:Equity and Convertible Offerings for This Week
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199:Globix Reorganizes To Emerge From Bankruptcy
45:served as CEO from its founding until 2001.
272:News wires. Datacentres.com June 25, 2007
211:Globix Completes Acquisition of Aptegrity
209:Globix Press Release. November 5, 2003
185:Staff, New York Times. January 15, 2002
130:Staff, New York Times. January 22, 1996
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260:NEON Press Release. February 28, 2007
197:Globix Press Release. April 10, 2002.
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238:Globix and NEON Communications Merge
142:Globix Press Release. June 1, 1998
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221:Om Malik for Gigaom July 19, 2004
168:Globix Sells Manhattan Data Center
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304:Companies based in New York City
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25:, recovered, and was bought by
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120:CEO Interview: Peter Stevenson
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83:Quality Technology Services
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149:October 30, 2014, at the
75:managed services provider
286:RCN Wraps up NEON Merger
223:Globix merges with NEON
41:reseller of computers;
173:March 3, 2016, at the
68:Chapter 11 bankruptcy
19:Globix Corporation
52:in January 1996.
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93:RCN Corporation
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27:RCN Corporation
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91:In June 2007
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59:During the
39:value-added
99:References
43:Marc Bell
29:in 2007.
298:Category
171:Archived
147:Archived
33:History
50:IPO
300::
229:^
157:^
107:^
85:.
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