Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Public Council Teleconference: Application Rationalization — Hidden Costs and Smart Decisions
November 17 at 11:00 am US/Eastern (GMT-5)
Join Honorio Padrón, of The Hackett Group, who will share the drivers for companies to tackle application rationalization and the results of research that define the hidden cost of complexity. Additionally, we will discuss key decision milestones—to start or not, holding the course steady and fulfilling expectations.
Virtual Desktop Cost-Benefit Analysis — Michael Jacobs, Catlin Group
The analysis contained in this presentation measures the cost of everything from the machines and licenses to the infrastructure for virtual vs. traditional desktop environments.
Honor your best senior team members - Apply for the CIO Ones to Watch Award
Get well-earned public recognition for your top up-and-coming team members, your IT organization and your enterprise. Award winners will be announced, publicized and feted in May 2010, great timing to help attract new IT recruits to your company.
Learn more about the CIO Executive Council »
AOL to Sell German ISP to Telecom Italia for $853M
Telecom Italia will acquire the Internet access unit of AOL in Germany for 675 million euros (US$853.5 million) in cash, the ...
September 18, 2006 — CIO —
Telecom Italia will acquire the Internet access unit of AOL in Germany for 675 million euros (US$853.5 million) in cash, the two companies announced Sunday.
The move comes amid a reorganization by Telecom Italia that saw a failed bid to sell its mobile phone unit last week and the resignation of Chairman Marco Tronchetti Provera Friday.
AOL’s parent company, Time Warner, has been eager to dispose of its ISPs, where its subscriber numbers have been declining.
Telecom Italia made the buy in order to consolidate its broadband access service in Europe, the company said. The move would make the company the second-largest Internet access provider in Germany with more than 3 million subscribers, it said.
Under the deal’s terms, AOL will provide Telecom Italia with cobranded entertainment services to all of its residential customers for five years. AOL will also retain responsibility for all online advertising, also for five years.
The deal is expected to close in four to six months and is subject to regulatory approval.
-Steven Schwankert, IDG News Service (Beijing Bureau)
Related Links:
- AOL’s Leonsis to Leave Day-to-Day Role in Jan.
- AOL 9.0 Accused of ‘Badware Behavior’
- AOL Dials Up Developers for VoIP Service
Check out our CIO News Alerts and Tech Informer pages for more updated news coverage.
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