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Local telecom start-up aims to compete with big boys

Move over, Comcast, Verizon and Sprint.

There's a new kid on the block, a telecom start-up with a new technology to manage Internet, voice and data communications, network security and compliance, all in one place.

Evolve IP, with offices in Center City and Wayne, has raised $15.6 million in private equity from well-known local and national private investors.

"We started this because we think the technology in the industry has changed dramatically," said Thomas Gravina, chairman and chief executive officer of the company he founded in 2006 with Michael Peterson. Both were former senior executives at ATX Communications in King of Prussia, a publicly traded firm.

Most companies still have old technologies, including telephone systems, and currently use separate providers - such as Comcast, AT&T, Verizon and Sprint - for the services.


Beirut car bomb kills top anti-terror police official

It is the first time that a senior police officer has been assassinated in the recurring violence that has gripped Lebanon since the end of 2004. The officer, Captain Wissam Eid, was a member of the police intelligence branch involved in investigating previous assassinations.

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FARC captives may be free in hours

He said he had considered options for a clandestine operation, but decided that would be too risky.

Hostages who could be freed include Clara Rojas, who was kidnapped in 2002 while she managed the campaign of Sen. Ingrid Betancourt, a candidate for the Colombian presidency, Chavez said. They also include Rojas' son, Emmanuel, who was born in captivity, and Consuelo Gonzalez, a former Colombian congressman, he said.

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Senators Consider Rebates for Retirees

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Gartner comments on Oracle reorg, misses golden opportunity

Gartner has released a research note covering the departure of John Wookey and the subsequent reorganization of the Fusion team. In our Irregulars Google Group, Josh Greenbaum said that whatever happens at the upcoming Oracle OpenWorld event, the company would likely spin the story. Gartner seems to confirm this, noting that:

We don't think there will be a delay in delivery, but Oracle has left enough room in its communications for a change in the breadth and depth of the initial release.

More interesting was the acknowledgment that:

Will there be a change from Fusion Applications being a full-suite replacement to a coexistence strategy where Fusion Applications will become another product line integrated with installed applications via middleware? In conversations following the management change, Oracle stated that this was in fact the strategy – the first time Oracle has publicly said so.



 

 

 

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