In the wake of WorldCom, Inc.'s purchase of MCI Communications Corp., GTE Internetworking did a little shopping.
The subsidiary of GTE Corp. today announced it will buy Internet service provider Genuity, Inc. from Bechtel Enterprises for an undisclosed sum. According to recent published reports, Genuity has been having problems and was for sale.
According to GTE Internetworking officials, the purchase will expand GTE's global reach with 12 fully networked data centers for distributed Web hosting services.
San Francisco-based Genuity, which last year opened its doors, is a value-added provider of distributed application hosting services. It also owns Hopscotch, an advanced load-balancing technology.
"With this acquisition, we continue to build the critical set of assets necessary to advance our position as a trusted provider of the enabling infrastructure for Internet commerce," said GTE Internetworking President George Conrades. "We are combining our high-speed national backbone with global reach, robust public and private peering relationships, advanced hosting and distributed application management with our security and systems integration expertise."
Apply for your free subscription to Network World. Click here. Or get Network World delivered in PDF each week.
Request a reprint or permission to use this article.
