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Home > Company Index > Diversified Services > Marketing & Public Relations Services > Worldwide Xceed Group, Inc.
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Worldwide Xceed Group, Inc. |
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NEWS FROM THE STANDARD |
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I-Builder Blues
Sep 11 2000 12:00 AM PDT
Deconstructing the I-Builder Blues
Sep 08 2000 08:13 AM PDT
PROFILE |
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Excess has not led to success for Internet consultant Worldwide Xceed Group. Formerly health care products maker Water-Jel Technologies, the company shed its original lines of business and spent heavily to acquire Web design shops (like Big Theory and 5th Floor Interactive) in 1999 and 2000 to enter the burgeoning interactive services market. Xceed failed to post positive earnings, however, and after restructuring in late 2000 under new CEO Howard Tullman (founder of Tunes.com), Xceed was forced to file for Chapter 11 bankruptcy protection in 2001. It also sold off offices in Arizona, Colorado, and the Netherlands. The company had provided services for clients like Starbucks, WebMD, and DoubleClick.
COMPETITION |
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AGENCY.COM Ltd. (ACOM)
Modem Media, Inc. (MMPT)
Organic, Inc. (OGNC)
DEALS |
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Deal: CBS and Xceed Ink Alliance
Date Announced: 03.29.01
Value of transaction (US $Mil): 0
Description: Xceed will work with CBS Entertainment to create Web sites for several CBS TV shows, including Survivor.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: August
2000 Sales (mil.): 108.40
1-Yr. Sales Growth: 47.1%
Employees: 470
Revenue per employee: $230,638.30
KEY PEOPLE |
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Howard A. Tullman
CEO
Douglas C. Laux
CFO
CONTACT INFO |
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233 Broadway
New York, NY 10279
US
Phone: 212-553-2000
Fax: 212-553-3123
Online: Web Site
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