Globix
Encyclopedia
Globix Corporation is a company that provides internet infrastructure and network services. It includes network bandwidth, management of web applications, servers, and databases and security, media streaming, and colocation
.
Bell Technology Group completed an IPO on January 24, 1996. The issue included 1,150,00 shares of common stock and 575,000 redeemable common stock purchase warrants. The offering raised net proceeds of $7.3 million used in the expansion of the company's internet access, networking business, marketing and sales efforts and repayment of debt and for general working capital.
On June 1, 1998, Bell Technologies Group changed its name to "Globix Corporation". The company says its name was derived from the words Global Internet Exchange.
On January 14, 2002, Globix filed for Chapter 11 bankruptcy, and delisted from NASDAQ
. Globix emerged from Chapter 11 bankruptcy in April 2002 after the United States Bankruptcy Court confirmed its plan of reorganization, and all conditions necessary for the plan to become effective were satisfied or waived.
In November 2003 Globix acquired Aptegrity Inc., a managed services provider
. A year and a half later Globix merged with NEON Communications, Inc., a provider of optical networking to carriers and large companies in the US Northeast and mid-Atlantic. On May 18, 2005, Globix listed on the American Stock Exchange and was invited to ring the opening bell.
On February 28, 2007 the name Globix officially disappeared from the market as the Globix Corporation changed its name to NEON Communications Group, Inc.
NEON was acquired by the RCN Corporation
on November 13, 2007.
the Domain
Globix.com, that contains an URL redirection
to the NEON website.
Colocation centre
A colocation centre or colocation center , is a type of data centre where equipment space and bandwidth are available for rental to retail customers...
.
History
Globix Corporation was founded in 1989 as "Bell Technology Group, Ltd." by Marc H. Bell with two employees. Bell Technology Group started out by installing computers for publishing companies as a value-added reseller. In the mid 1990s, thanks to external investments, it expanded its operations.Bell Technology Group completed an IPO on January 24, 1996. The issue included 1,150,00 shares of common stock and 575,000 redeemable common stock purchase warrants. The offering raised net proceeds of $7.3 million used in the expansion of the company's internet access, networking business, marketing and sales efforts and repayment of debt and for general working capital.
On June 1, 1998, Bell Technologies Group changed its name to "Globix Corporation". The company says its name was derived from the words Global Internet Exchange.
On January 14, 2002, Globix filed for Chapter 11 bankruptcy, and delisted from NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
. Globix emerged from Chapter 11 bankruptcy in April 2002 after the United States Bankruptcy Court confirmed its plan of reorganization, and all conditions necessary for the plan to become effective were satisfied or waived.
In November 2003 Globix acquired Aptegrity Inc., a managed services provider
Managed services
Managed services is the practice of transferring day-to-day related management responsibility as a strategic method for improved effective and efficient operations inclusive of Production Support and lifecycle build/maintenance activities...
. A year and a half later Globix merged with NEON Communications, Inc., a provider of optical networking to carriers and large companies in the US Northeast and mid-Atlantic. On May 18, 2005, Globix listed on the American Stock Exchange and was invited to ring the opening bell.
On February 28, 2007 the name Globix officially disappeared from the market as the Globix Corporation changed its name to NEON Communications Group, Inc.
NEON was acquired by the RCN Corporation
RCN Corporation
RCN Corporation, founded in 1993 and based in Herndon, Virginia, is the first American facilities-based competitive provider of bundled telephone, cable television and high-speed internet service delivered over its own fiber-optic local network to consumers in the Boston, New York, Eastern...
on November 13, 2007.
Globix Hosting LLC
In October 2006 a part of Globix, the Globix Hosting LLC was, acquired by Quality Technology Services that is nowadays HostingWeb hosting service
A web hosting service is a type of Internet hosting service that allows individuals and organizations to make their own website accessible via the World Wide Web. Web hosts are companies that provide space on a server they own or lease for use by their clients as well as providing Internet...
the Domain
Domain name
A domain name is an identification string that defines a realm of administrative autonomy, authority, or control in the Internet. Domain names are formed by the rules and procedures of the Domain Name System ....
Globix.com, that contains an URL redirection
URL redirection
URL redirection, also called URL forwarding and the very similar technique domain redirection also called domain forwarding, are techniques on the World Wide Web for making a web page available under many URLs.- Similar domain names :...
to the NEON website.
Locations
Globix and its subsidiaries have operations in New York, NY, Westborough, MA, London, UK, Santa Clara, CA, and Fairfield, NJMergers and acquisitions
- Acquired Aptegrity, Inc. - November 3, 2003
- Merged with NEON Communications, Inc. - March 8, 2005
- Globix Hosting LLC acquired by Quality Technology Services - October 3, 2006