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ActivIdentity announced that Jacques Kerrest has accepted the position of Chief Financial Officer and Chief Operating Officer. In this capacity, Mr. Kerrest will oversee all of ActivIdentity’s financial and operational functions, including finance and accounting, financial planning and analysis, regulatory and risk management. Partnering with recently appointed CEO Grant Evans, Mr. Kerrest brings a notable record in building companies through M&A and managing new growth and organizational challenges, which further positions ActivIdentity to realize the potential for substantial growth. Previously, Mr. Kerrest served as Chief Financial Officer of Virgin Media Inc., the second largest communications company in the UK, where he was responsible for overseeing every aspect of finance. Before that, he was Chief Financial Officer of Equant N.V. and prior to that of Harte-H... (more)

ActivIdentity Mini-tokens Selected to Meet New FSA Requirements

ActivIdentity, Inc. (NASDAQ: ACTI), a global leader in digital identity assurance, today announced that the Hana Financial Group has selected ActivIdentity Mini-tokens to meet the new Financial Security Agency (FSA) mandatory requirement set by the South Korean government. The FSA has issued a mandatory requirement for all banks offering internet banking facilities to provide users with a 2nd factor, for the purposes of strong authentication, in the form of an OTP token. The requirement took effect on May 1, 2008. “A major requirement of the Hana Financial Group was to select a s... (more)

Virtualization Conference & Expo 2009 West: Call for Papers Closing

Now held three times a year, in New York, Prague, and Silicon Valley, the organizing principle of each International Virtualization Conference & Expo remains the same: our aim is to ensure, through an intense and carefully chosen program of technical and strategic breakout sessions, that attending delegates leave each Conference with abundant resources, ideas and examples they can apply immediately to leveraging Virtualization, helping them to maximize performance, minimize cost and improve the efficiency and flexibility of their Enterprise IT endeavors. The Call for Papers for ... (more)

Keane Reaches Agreement to Acquire Portions of BearingPoint Public Services Business

  Boston, MA –  - Keane, Inc., a global services firm that specializes in optimizing businesses’ information technology (IT) investments, today announced that it has entered into an asset purchase agreement with BearingPoint, Inc. to purchase a portion of the BearingPoint Public Services business in North America, which would include BearingPoint’s New York City practice. Finalization of this transaction is subject to customary closing conditions and securing approval by the court overseeing BearingPoint’s bankruptcy restructuring. “This addition to our Public Sector business ... (more)

Zvents Secures $24 Million in Funding for Its Search Advertising Business

 Zvents, the local search engine and paid listings ad network, today announced that it has secured $24 million in funding. New strategic investors include Nokia Growth Partners, the growth capital arm of Nokia (NYSE: NOK) and the world’s leading mobile phone supplier; and AT&T (NYSE: T), the largest U.S. wireless company which, through its YELLOWPAGES.COM subsidiary, is also the leading U.S. internet yellow pages search directory. NAVTEQ, the world leader in premium-quality digital map data, Vantage Point Venture Partners and Red Rock Ventures, also participated in the financing... (more)