Death of the ASPs
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ASPs struggle to survive
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The roster of wounded ASPs is growing. Here's a current tally of both the dearly departed and those at death's door:
Out of business — HostLogic. Shut down in December after funding ran out — HotOffice.com Unable to raise funding; shut down in December — iSearch Ended service in March after a failed buyout — Pandesic Announced in July it was ceasing operations due to a lack of profitability — Red Gorilla Abruptly closed in October, blaming a falloff in funding — ShopTok Called it quits in March after funding failures Critical condition — Agillion. Went up for sale in March and laid off 25 of its 45 employees — Breakaway Solutions. Faced CEO shake-up and two rounds of layoffs since December — FutureLink Moving away from ASP model after reported US$205.1 million fourth-quarter loss — Interliant Stopped selling ASP model this month to focus on messaging |
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Source: eWEEK reporting |
