On Tuesday, a duct in Allegiance’s Boston “mega-pop” was squashed by a huge piling, knocking out Light Reading, the Boston Globe, and more than a 1,000 other Websites for most of the business day (see Big Dig KOs Light Reading).
On Wednesday, it filed for Chapter 11 bankruptcy protection, having failed to get its debt under control (see Allegiance Files for Chapter 11).
Could this be a cue for Howard Bloom, Allegiance’s director of global outsourcing, to take a walk? In a puff piece in ISP-Planet (whatever that is), Bloom says he joined Allegiance because of its reputation for reliability: "Their strong suit has always been that they're just a very reliable provider, one that you can always count on..." for what exactly? Seven 7s reliability?
Whatever. With the Bloom off that rose, let's take a look at the industry's latest hirings and firings:
The relationship with Ciena is still strong, he insists. Ciena will be showing off WaveSmith Networks Inc.’s gear along with Équipe’s core multiservice switch in an IP/MPLS and ATM interoperability demonstration at the Supercomm 2003 tradeshow in Atlanta next month. Cisco Systems Inc. (Nasdaq: CSCO) and Juniper Networks Inc. (Nasdaq: JNPR) will take part in the demo.
“It's a small setback, but not a huge deal,” says Mark Sue, an analyst with CE Unterberg Towbin. “I'm sure they will replace him, but it does cause some sales disruption.”
Jeff Lindholm, vice president for worldwide sales, will manage North American operations until a replacement is fully on board.
“The money was supposed to come in stages,” says Chappell. “And the second portion was contingent on meeting certain objectives, which we weren’t able to accomplish.”
Here's a summary of other industry appointments (and disappointments) from the past several days:
- Lantern Flickering?
- Ceyba Rattling in Ottawa
- Plastina Surfaces at Proxim
- ECI Narrows Q1 Loss, Names Chair
- Global Crossing Names CFO
- Caspian Expands Into Asia
- GalayOr Appoints Advisors
- Cisco Switches CFOs
- BTexact Names New CTO
- USCarrier Appoints CTO/SVP
— Marguerite Reardon and Craig Matsumoto, Senior Editors, Light Reading