As promised, I’ve begun checking the health of companies offering (or planning to offer) third places to work. Here’s a quick list: SuiteWorks, TechSpace, Preferred Offices, 116 West Houston, The Office, Open Studio and, of course, Gate-3 Workclub, which recently shut down, prompting my investigation.
Toni Kistner is managing editor of Net.Worker. Contact her at tkistner@nww.com.
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GlobalFoundries woos customers with expansion plans
11/12/09
The acquisition of Chartered Semiconductor by Advanced Technology Investment Co. (ATIC) and its planned integration with GlobalFoundries will help the contract chip maker win more customers, GlobalFoundries CEO Doug Grose said Wednesday.
AMD promises big jump in performance with Magny Cours
11/12/09
Advanced Micro Devices is gearing up for the 2010 launch of Magny Cours, a more powerful Opteron server processor that will pack up to 12 cores and use faster memory chips.
Infosys acquires BPO company in the U.S.
11/12/09
Infosys BPO, the business process outsourcing (BPO) subsidiary of Infosys Technologies, said on Thursday that it has signed a definitive agreement to acquire all of the outstanding interests of McCamish Systems, a small BPO company in Atlanta, Georgia, focused on the insurance and financial services market.
SuiteWorks, the Toronto start-up building full-service corporate telework centers around Toronto and eventually in the U.S., is putting the finishing touches on its first “telework office complex,” in Barrie, Ont. When we checked in last July, SuiteWorks was breaking ground and expected to open by September 2004.
No such luck. A series of delays caused by Barrie’s construction boom cramped the project. But that didn’t keep SuiteWorks from winning another round of funding and a marquis client, IBM Canada. Existing clients include Nortel and Mailboxes Etc., with more announced soon, including a large financial institution.
“IBM was so important to us because it’s such a leader in distributed work,” says Bob Brehl, SuiteWorks’ vice president of corporate development and communications. IBM has 13 of its own mobility centers in Canada. SuiteWorks will be the first work space IBM doesn’t own that isn’t an employee’s house. “They won’t have the headaches of managing another building,” Brehl adds.
The facility is 95% finished, with SuiteWorks planning a “soft launch” in mid-May and a media event in June. Upon opening, Brehl says 120 of the 240 seats will be filled, putting the business at break-even. New funding ensures SuiteWorks will be solvent for at least 18 months.
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