Globix

Globix Corporation is a company that provides internet infrastructure and network services. It includes network bandwidth, management of web applications, servers, and databases and security, media streaming, and colocation. Globix Corporation was founded in 1989 as "Bell Technology Group, Ltd." by Marc H. Bell with two employees. Bell Technology Group started out by installing computers for publishing companies as a value-added reseller. In the mid 1990s, thanks to external investments, it expanded its operations. Bell Technology Group completed an IPO on January 24, 1996. The issue included 1,150,00 shares of common stock and 575,000 redeemable common stock purchase warrants. The offering raised net proceeds of $7.3 million used in...