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EIRCA Disputes DIYHosting Sale

2006-12-07 16:59:00

Pecos Technologies, a subsidiary of The Internet Group, acquired the DIYHosting brand in August 2005. EIRCA says it decided to sell DIYHosting and its assets to Pecos Technologies based on what EIRCA believes were false representations of The Internet Group and its financial standing.

Sixteen months later, EIRCA directors say they have launched an attack on the DIYHosting directors over significant outstanding monetary compensation. EIRCA is asking a Harris County, Texas judge to reassign ownership of DIYHosting back to EIRCA Internet Solutions on the grounds of contractual default on the side of Pecos Technologies and The Internet Group.

Simon O'Rourke, CEO of EIRCA Internet Solutions said that the company has given the DIYHosting directors every opportunity to satisfy the contractual agreements, but every opportunity is met with misdirection and deception.

EIRCA directors are expecting a March 2007 hearing and hope to regain ownership of DIYHosting.

Oracle Beefs Up Linux Support With Management Tools
Oracle on Monday released a set of management tools for Linux, deepening the database vendor's support for the open source operating system.
Vista delays cut into Microsoft profits
Microsoft Corp. shares got a little bounce after the software maker posted fiscal second-quarter profits that fell sharply but still managed to beat analysts' forecasts.
New Twist in Apple-Cisco iPhone Spat
As Cisco charges forward with its trademark claim against Apple over use of the name "iPhone," some members of the open-source community are accusing Cisco of an iPhone-related trademark violation of its own.
Wal-Mart Taps Microsoft, Novell For Linux Deployment
Wal-Mart Stores said Wednesday that it has tapped Microsoft and Novell to provide open source Linux software for use in the mega-retailer's internal computing and Web site operations.
Mozilla Launches Thunderbird 2.0 Beta 2
The Mozilla Foundation updated its Thunderbird 2.0 to Beta 2 status Tuesday, marking the latest step toward the open-source e-mail client's scheduled March final release.
VMware Upgrades Physical-To-Virtual Migration Tool
VMware on Monday issued Converter 3 as the latest in its suite of data center tools to allow the conversion of a running physical server into a virtual machine without disrupting users.
Microsoft Updates Vista Before Rollout
Microsoft released several updates to Windows Vista on Monday, the day before the new operating system debuted for consumers and landed on retail shelves. None of the updates was a security fix.
Apple to launch online video sales in Europe
US computer giant Apple, which launched its online video service in the United States 15 months ago, is about to take its first step into conquering the European market, Luxembourg's economy minister said.
Turbolinux preps multimedia playerwith bootable Linux
Japan's Turbolinux will begin selling its Wizpy Linux-based multimedia player in February. As a bonus, the device can also be used to boot a PC into the Linux OS, allowing users to access their files in their own working environment on almost any PC.
JasperSoft Adds ETL Tool To BI Suite
JasperSoft, a maker of open-source business intelligence tools, on Tuesday unveiled software for extracting data from multiple sources and loading it into a BI data warehouse.


   
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