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WAM!NET gets its thrills by helping media companies collaborate online with suppliers and customers. WAM!NET provides information technology and digital media services to broadcast, studio, and production markets. It offers electronic services such as data transport, application hosting, and computer animation via its Internet protocol (IP) network. Its services enable digital connectivity and collaboration among customers (about 17,000 corporate users worldwide) that create digital content. WorldCom, Silicon Graphics, and WinStar are major shareholders of the firm, founded by CEO Edward Driscoll and chief technical officer Allen Witters. Lower than expected revenues have forced WAM!NET to lay off 26% of its staff.
COMPETITION |
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Ciprico Inc. (CPCI)
Digital Island, Inc. (ISLD)
Lucent Technologies Inc. (LU)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 24.80
1-Yr. Sales Growth: 41.0%
Employees: 459
Revenue per employee: $54,030.50
KEY PEOPLE |
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Edward J. Driscoll
CEO
Terri F. Zimmerman
CFO
CONTACT INFO |
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655 Lone Oak Dr.
Eagan, MN 55121
US
Phone: 651-256-5100
Fax: 651-994-9592
Online: Web Site
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