View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 18, 1997updated 03 Sep 2016 4:30pm

PSINET CONTINUES INTERNATIONAL EXPANSION WITH SWISS ISP

By CBR Staff Writer

PSINet has continued its rapid international expansion with the acquisition of Internet Prolink, a leading internet service provider in Switzerland. Geneva-based Internet Prolink operates in 12 cities in Switzerland and in the Gex/Haute Savoie region of France. PSINet plans to make its European headquarters in Switzerland. With the aid of a $30m cash injection from a group of investment banks (CI No 3,288), PSINet paid $25m for Toronto, Canada-based iStar Internet last week (CI No 3,287). It began its expansion into Europe last month with the purchase of CalvaCom SA. Based in Herndon, Virginia, PSINet has been slowly cutting its losses as revenues grow.

Content from our partners
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester
Infosecurity Europe 2024: Rethink the power of infosecurity

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.
THANK YOU