Email this article   Print article 

Totality Acquires Assets Of Beleaguered Breakaway

By Christina Torode, CRN
December 17, 2001    11:51 AM ET

MSP Totality acquired e-business-related assets of Breakaway Solutions Monday for an undisclosed amount.

The deal gives Totality 15 new customers, which will migrate from Breakaway to Totality's Web site and infrastructure management platform, the company said.

Breakaway was a first mover in the ASP space, but soon ran into financial difficulties as hyped customer adoption rates did not materialize and dot.coms went out of business. Industry observers said Breakaway's confusing go-to-market strategy also led to the company's downfall. The company offered e-business outsourcing and ASP services, among others, such as marketing.

Soon after the departure of CEO William Loftus in August, the company filed for Chapter 11 bankruptcy in September and began seeking a buyer.

Totality said the acquisition enhances its presence in the Northeast and its Windows NT expertise.

Totality specializes in e-business infrastructure management and works with solution providers. In May, Totality teamed with systems integrator Fort Point Partners to integrate Kmart's 3,500 retail kiosks with the retail chain's BlueLight e-commerce site.


Email this article   Print article 

More Channel Programs

Recent Articles

Five Companies That Dropped The Ball This Week

For the week ending Feb. 10, CRN looks at five companies that were either asleep at the wheel or just didn't make good decisions.

Five Companies That Came To Win This Week

For the week ending Feb. 10, CRN looks at five companies that brought their 'A' game and made moves to beat out competitors

10 Challenges That HP Wants Partners To Tackle Right Now

CRN speaks with HP's business unit chiefs to get a sense of where they'd like partners to focus in the coming year, as well as how CEO Meg Whitman is making a difference.

  More Slide Shows




Related Videos
Loading...