CABLE & WIRELESS BOLSTERS ITS BUSINESS INTERNET PORTFOLIO WITH THE ACQUISITION OF HYPERLINK INTERACTIVE LTD Friday 15 December 2000 PDF Print Cable & Wireless, the global communications group, today (15th December 2000) announced the acquisition of Hyperlink Interactive Ltd, one of the largest independent full service agencies in the UK offering end to end digital e-commerce solutions in the business to business (b2b) marketplace. Hyperlink Interactive Ltd offers award winning web development, design, consultancy, value-added hosting and support services to a range of blue chip and dot com clients. With almost 100 employees, of which a significant proportion are Internet specialists, the company has pioneered many developments, including some of the UK's first multi-functional e-commerce sites, the integration of tailored Internet products into existing mainframe infrastructure and added value hosting to clients. Hyperlink Interactive Ltd has built much of its existing business from large traditional companies and well-funded dot com businesses operating in the b2b sector. The business of Hyperlink Interactive Ltd was recently de-merged from, and represented a substantial part of, the business of Hyperlink Plc. Hyperlink Plc was recently ranked as Britain's fastest growing company, where the Internet is important to business, in the 'Sunday Times Virgin Atlantic Fast Track 100' survey of 3rd December 2000. Peter Green, President, UK and Ireland, Cable & Wireless, said: "This acquisition will contribute to Cable & Wireless' plans to lead in the global provision of end to end IP services to business customers and moves us significantly up the value chain." Hyperlink Interactive Ltd's core capabilities include: · Development - it developed some of the first e-commerce sites and built one of the first and biggest MP3 (digitally downloadable music) sites in Europe · Design - Winner of the 'Direct Response Smart Awards' E-Commerce and Grand Prix categories. Highly commended in 'Best Use of the Internet for Customer Communications (b2b)', 'The Marketing Awards - Connections 2000' · Web/e-commerce consultancy and support · Managed web-hosting Tim Jenner, Managing Director, Hyperlink Interactive Ltd said: "Our philosophy is to successfully build and develop Web sites that provide good returns on investment for our clients. We are already ideally positioned to take full advantage of emerging technologies and through Cable & Wireless we can rapidly extend our capabilities and bring our expertise to a far larger customer base." Hyperlink Interactive Ltd is the latest in a string of leading edge Internet acquisitions by Cable & Wireless and brings to 26, the number of Systems and Data Network Integrators and Internet Service Providers that Cable & Wireless have acquired, across Europe, in the last two years. Hyperlink Interactive Ltd Location - UK, London Business focus - Full service Web agency Active since - 1994 Ownership - Private limited company Managing Director - Tim Jenner Products and services - Web design, development, consultancy, hosting and support Net asset value - £1.156m (from November 2000 Management accounts) Customers - Blue chips including retail, media, publishing, finance, legal and public sectors and dot coms Employees - 98 About Cable & Wireless Cable & Wireless is a major global telecommunications business with revenue of over £9 billion (US$14 billion) in the year to 31 March 2000 and customers in 70 countries. Its operations around the world offer a full range of telecommunications services. Cable & Wireless' focus for future growth is on IP (Internet protocol) and data services and solutions for business customers. It is developing advanced IP networks and value-added services in the US, Europe and the Asia-Pacific region in support of this strategy. With the capability of its global IP infrastructure and its strength in key markets, Cable & Wireless holds a unique position in terms of global coverage and services to business customers. For more information about Cable & Wireless, go to. Cable & Wireless and the Globe Device are registered trademarks of Cable and Wireless plc. This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.