Time to catch up on news that slipped past my nets, something that happens more frequently during earnings season of course. Here we have three contracts worth mentioning.
Nationwide competitive carrier PAETEC (news, filings) won a software deal at Penn State. The University has purchased the company's PINNACLE application plus professional services as part of an effort to redesign their internal communications networks. The software business is a side of PAETEC's business we don't see that often, but they've been doing it since 2001.
TW Telecom has won an expanded contract with Actuant, a diversified company whose segments produces a variety of engineering products such as hydraulics, motion control systems, etc. Actuant will be buying additional co-location, voice, data and Internet services under a multi-year agreement. As is so often the case, TW Telecom's press releases reflect the company's bread and butter rather than dreams of global domination.
And Internap won a rare high profile CDN victory, serving as an official CDN for the Sundance Film Festival over the past 10 days. Sundance has used and continues to use Internap's services to produce and deliver promotional material for the event itself and for independent filmmakers. Internap's once high CDN dreams may have been dashed following the Vitalstream integration debacle, but they are still out there and we may hear more from them this year.
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