NEC Launches Consulting Firm Niteo

By Amy Rogers, CRN
November 27, 2001 12:27 PM ET

Niteo Partners, an e-business consulting firm composed of some former Zefer employees, is open for business, though sources said the company faces slim pickings in terms of signing clients.

Based here, Niteo's parent company is NEC, which acquired some of Zefer's assets when the company filed for Chapter 7 bankruptcy protection in September.

Niteo CEO John Kelly had been a managing partner at Zefer.

A former Zefer employee, who quit the company earlier this year, said about 180 Zefer people were offered jobs with NEC and Niteo. But another ex-Zefer person who requested anonymity said a number of those people have been let go in recent weeks, due to the lack of business.

"What business [Niteo has] now is mainly left over from the Zefer days," the source said.

Niteo's client list includes the American Heart Association and the Federal Reserve Bank of Boston.

In related news, Bill Seibel, CEO of Zefer until he was reportedly asked to step down in August, is now CEO of Cambridge, Mass.-based Demantra, which develops supply chain management software.

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