John Mulqueen

Donald Caldwell had had a successful career managing a series of technology incubators, venture firms and consulting organizations, but had yet to achieve one of his most important goals: to create a venture capital fund that was the clear leader in its space. So when Gerard McCrory, managing director of Cambridge Technology Partners offices in […]

A 4-year-old Irish spin-off of Sterling Software is moving back to the U.S. with a set of services and e-commerce software products targeted at financial institutions and telecommunications carriers. Orygen has begun the U.S. marketing of component-based software that it developed for major Irish banks and telecommunications companies. It has opened a 90-person office in […]

Signs of hope emerged last week that the downturn in IT spending is starting to ease. Technology investors grasped at upbeat announcements from three giants: Microsoft increased its prediction of revenue for the fourth fiscal quarter by 4.8 percent, boosting technology stocks. Motorola said it expects its mobile phone business will be profitable in the […]

The once-hot middleware market shows even more signs of cooling, with five companies reporting slower sales or missed earnings projections. The slowing stems in part from a realization by businesses that they need to make their internal systems work together before launching ambitious e-business efforts, experts said. “The market has evolved from a best of […]

Internet companies roared into 2000 sure they were going to conquer the world. For much of the 12 months that followed, it looked like they might. Financial statements with bulging revenue lines — whether they were written in pro forma or standard accounting — lent credence to the slogan: “The Internet changes everything.” It was […]

Major fiber-optic carrier Metromedia Fiber Network may run out of money before the year ends, unless it can persuade skeptical bankers to lend it $350 million. Citicorp and Salomon Smith Barney have promised $62.5 million and have given MFN two extensions to raise the other $287.5 million. Meanwhile Wall Street rumors are that John Kluge, […]

Akamai Technologies raced through 2000, growing revenue quarter over quarter by 167 percent in the first quarter, 151 percent in the second quarter, 50 percent in the third, then 36 percent in the final three months. The pace earned it the top spot among the Fast 50. But the companys decreasing growth rate — natural […]

Many communications equipment vendors are worth less on Wall Street than the cash in their bank accounts — and that usually means takeovers and mergers arent far off. Some of these companies, including DSet, Orckit Communications and Tut Systems have money and short investments that are worth three times their shares, making them ripe pickings […]

Did Ramp Networks collude with distributors to take possession of its merchandise, and then count those goods as sold to inflate financial results? Thats the claim of a federal suit filed by shareholders against the networking equipment manufacturer. It alleges distributors Ingram Micro and Tech Data agreed to store Ramps products and then to remove […]

Its a trend that confounds investors and customers alike and is stigmatizing the entire technology sector: Facing enormous pressure from Wall Street and new accounting rules, record numbers of high-tech companies have inflated their financial results, only to have to restate them later under pressure from the Securities and Exchange Commission. Never has one industry […]