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Home > Company Index > Computer Software & Services > Internet & Intranet Software & Services > 724 Solutions Inc.

724 Solutions Inc.
Nasdaq: SVNX
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 NEWS FROM THE STANDARD
Analysts Changing Their Tune on M-Commerce
May 17 2001 12:26 PM PDT

Going Mobile to Survive
Jan 08 2001 12:00 AM PST

Ask Nettie: Wireless Reckoning
Jun 26 2000 12:00 AM PDT

Wells' Next Stage
May 08 2000 12:00 AM PDT

Market Movers: Greenspan's Lips Can't Sink Blue Chips
May 01 2000 04:15 PM PDT

 PROFILE
724 Solutions will give you access to your financial information 24-7. Its systems let banks offer online banking and financial services over PCs, mobile phones, PDAs, and other wireless devices. 724's Financial services software links banks' networks to the Web through secure gateways so customers can view transaction histories, pay bills, transfer funds, trade stocks, and access personal financial information at any hour of the day. Major customers include minority shareholders Sonera (which owns 11%), Citigroup (owns 8%), Bank of Montreal (owns 6%), and Bank of America (also owns 6%). Austin Ventures owns 10% of 724.

 COMPETITION
CheckFree Corporation (CKFR)
Corillian Corporation (CORI)
Digital Insight Corporation (DGIN)

 DEALS
Deal: 724 Solutions Acquires Webhelp's Technology
Date Announced: 04.04.01
Value of transaction (US $Mil): 7.4
Description: Wireless internet infrastructure software provider acquires Web application event framework technology from Webhelp.

Search all deals for this company

 TRACKERS
Jun. 05, 2001 - LAYOFF TRACKER
90 laid off
Description: Eliminating redundant positions caused by its acquisition of Tantau Software in November 2000. Layoffs represent 12% of its staff.

More LAYOFF NEWS

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 21.20
1-Yr. Sales Growth: 1,666.7%
Employees: 710
Revenue per employee: $29,859.15

 KEY PEOPLE
• John Sims
    CEO
• Karen Basian
    CFO

 CONTACT INFO
4101 Yonge St., Ste. 702
Toronto Ontario M2P 1N6, Canada
Phone: 1-416-226-2900
Fax: 1-416-226-4456
Online: Web Site

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Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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