View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
August 27, 1998


By CBR Staff Writer

Scottsdale, Arizona-based Intelispan Inc has acquired Cyclone Software Corp and has entered into an agreement to acquire Corporate Computing Services (CCS) from Process Management Corp. The price tag on each company is $20m. Intelispan intends to pay $4m in cash and the balance in stock for Cyclone, which builds Java-based, platform-independent EDI and non-EDI software to run over IP networks. For CCS, a 90- person database and supercomputer outsourcing firm with Dial Corp and Boeing as clients, Intelispan also wants to pay in cash and stock. The irony is that Intelispan is a tiny 25-person startup. After both acquisitions go through, if indeed they do, the company will have 160 employees and expected revenues around the $15m mark. So what’s in it for Cyclone and CCS? Intelispan president and chief executive officer Peter Nelson explains that his company is a secure virtual private network service built on WorldCom’s backbone with 250 points of presence (POPs) around the world. Some people might want to call us an IP VAN, he says. CCS started out as an Intelispan customer, then acquired reseller rights. Eventually, executives realized that CCS’s future was inextricably linked with that of Intelispan and its network, so merger talks began. As for Cyclone, the biggest objection it had encountered to its sales story was that while prospects liked the global reach and ease of use of the internet, they distrusted its lack of security. A merger with a virtual private IP network was one obvious solution.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.