Onex unit kills plan for IPO

Article Abstract:

Nashville, Tenn.-based ClientLogic Corp., which is an Internet-based services firm owned by Japan's Onex Corp., has cancelled its proposed $220 million initial public offering due to stock market volatility. Market conditions have also affected Vancouver, BC-based 360 Networks Inc. and OnX Inc.

author: Evans, Mark
United States, Japan, Asset sales & divestitures, Computer Systems Design and Related Services, Contract Software & Services, Financial Holding Companies, Offices of Bank Holding Companies, Computer integrated systems design, Holding Offices, Mergers, acquisitions and divestments, Financial services industry, Financial services, Computer services industry, Information technology services industry, Software support services, Onex Corp., OCX, ClientLogic Corp., OnX Inc.

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Two tech firms kill share issues; anticipated IPO in doubt

Article Abstract:

Toronto, Ont.-based Look Communications Inc. and Mississauga, Ont.-based Certicom Corp. have postponed plans to launch initial public offerings due to poor market conditions. 360 Networks Inc., which is a fiber optic communications systems maker, also may delay its own plans for an IPO.

author: McArthur, Keith
Look Communications Inc., Certicom Corp.

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The story behind Nortel's fall

Article Abstract:

How Nortel Networks Corp. fell so far and so fast: The author traces the history of the company highlighting such critical mistakes as acquisition strategy, unrealistic market forecasting, and vendor financing terms.

author: Taylor, Fabrice
Management, Evaluation, Acquisitions and mergers, Marketing, Nortel Networks Corp., NT, Company Profile, Financial management

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subjects list: Canada, Finance, Fiber optic networks, Fiber optics industry, 360 Networks Inc., Telecommunications equipment industry, Telecommunications systems
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