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Home > Company Index > Telecommunications > Internet & Online Service Providers > AppliedTheory Corporation

AppliedTheory Corporation
Nasdaq: ATHY
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 PROFILE
AppliedTheory has long brought theory into practice. Once a part of Internet pioneer NYSERNet (which brought New York universities online), the ISP provides Internet access and such services as virtual private networks (VPNs), Web-enabled database integration, Web site and portal design and implementation, and Web hosting. Access options include dedicated, dial-up, and digital subscriber line (DSL) access. AppliedTheory has more than 1,500 customers, mainly New York public institutions and midsized businesses or departments of large corporations. The company is expanding into California and the Midwest and has a national network of capacity leased from carriers such as Broadwing, which owns 23% of the firm.

 COMPETITION
PSINet Inc. (PSIXE)
UUNET (dossier)
XO Communications, Inc. (XOXO)

 DEALS
Deal: AppliedTheory Nabs $13 Million
Date Announced: 02.28.01
Value of transaction (US $Mil): 13
Description: IT consulting firm receives vendor funding from two network infrastructure and technology companies.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 76.30
1-Yr. Sales Growth: 102.9%
Employees: 642
Revenue per employee: $118,847.35

 KEY PEOPLE
• Danny Stroud
    CEO
• Angelo A. Gencarelli
    CFO

 CONTACT INFO
1500 Broadway, 3rd Fl.
New York, NY 10036
US
Phone: 212-398-7070
Fax: 212-398-5985
Online: Web Site

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