Fusepoint Managed Services

Last updated
Fusepoint Managed Services
Company type Private
Industry IT Services
Internet hosting service
Disaster Recovery
Firewall Security
Founded1999
Headquarters
Website www.fusepoint.com

Fusepoint Managed Services was a provider of managed IT solutions for companies throughout North America. Founded in 1999, Fusepoint (formerly known as RoundHeaven Communications) grew by over 1,400% within five years and, in 2008, was ranked 46th by PROFIT magazine in a list of Canada's 100 fastest-growing companies. [1] Fusepoint was ranked as the 83rd largest technology company according to Globe's Branham Group. Fusepoint was a privately held company with offices and data centres in Vancouver, Toronto, Montreal and Quebec City. [2] Savvis, Inc acquired Fusepoint in 2010.

Contents

Fusepoint operates as a managed service provider (MSP), helping to safeguard and guarantee access to a company's data and mission-critical applications [3] through a variety of services including infrastructure hosting, disaster recovery, and firewall security. [4]

Fusepoint has one primary investor. M/C Venture Partners, a Boston, Massachusetts-based venture capital firm, invested US$20 million in Fusepoint in July 2001 [5] and an additional US$10 million in 2004. Savvis, Inc. declared on June 1, 2010, that it had signed a definite agreement to purchase Fusepoint for around $124.5 million in cash, subject to adjustments related to working capital. [6] The transaction was finalized on June 16, 2010. [7]


Fusepoint acquisitions [8] include Toronto-based Worldwide Online, a hosting and professional services firm in March 2005 and Montreal-based outsourcing firm Versus in October 2004. The company regularly conducts polls in Canada on topics on identity theft, business continuity, and disaster recovery. [9]

Special Certifications

Payment Card Industry Data Security Standard (P.C.I. DSS)

On November 28, 2007, Fusepoint announced it had become one of the very few managed hosting providers in Canada to become Payment Card Industry Data Security Standard (PCI DSS) compliant . Fusepoint is recognized by Visa Archived 2010-12-24 at the Wayback Machine as a Tier 1 Payment Card Industry Certified Service Provider (page 18).

VMware Hosting Services

In December 2007, Fusepoint began offering managed hosting solutions on both physical and virtual servers by joining the VMware Service Provider Program (VSPP) and offering VMware to both large enterprises and small to medium-sized businesses .

Microsoft Partnership

Fusepoint is recognized by Microsoft as a Gold Certified Partner [ permanent dead link ], offering Microsoft SharePoint Application Development and Hosting services capabilities.

Related Research Articles

<span class="mw-page-title-main">Tokenization (data security)</span> Concept in data security

Tokenization, when applied to data security, is the process of substituting a sensitive data element with a non-sensitive equivalent, referred to as a token, that has no intrinsic or exploitable meaning or value. The token is a reference that maps back to the sensitive data through a tokenization system. The mapping from original data to a token uses methods that render tokens infeasible to reverse in the absence of the tokenization system, for example using tokens created from random numbers. A one-way cryptographic function is used to convert the original data into tokens, making it difficult to recreate the original data without obtaining entry to the tokenization system's resources. To deliver such services, the system maintains a vault database of tokens that are connected to the corresponding sensitive data. Protecting the system vault is vital to the system, and improved processes must be put in place to offer database integrity and physical security.

<span class="mw-page-title-main">Savvis</span> Subsidiary of CenturyLink, a company headquartered in Monroe, Louisiana

Savvis is a subsidiary of Lumen Technologies that sells managed hosting and colocation services headquartered in Town and Country, Missouri. The company owns more than 50 data centers spread across North America, Europe, and Asia and provides information technology consulting. Savvis has approximately 2,500 unique business and government customers.

A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers.

Shopping cart software is a piece of e-commerce software on a web server that allows visitors to have an Internet site to select items for eventual purchase.

Heartland Payment Systems, Inc. is a U.S.-based payment processing and technology provider. Founded in 1997, Heartland Payment Systems' last headquarters were in Princeton, New Jersey. The company was acquired by Global Payments for $4.3 billion in 2016.

Hostway is a global web hosting and technology infrastructure company headquartered in Austin, Texas, United States. It provides hosting services to individuals, small to medium-sized businesses, and large corporations with web sites, databases, business applications, and managed web hosting. Hostway Services Inc. merged with Hosting.com in January 2019. The merged company rebranded to Ntirety in September 2019.

The Payment Card Industry Data Security Standard is an information security standard used to handle credit cards from major card brands. The standard is administered by the Payment Card Industry Security Standards Council, and its use is mandated by the card brands. It was created to better control cardholder data and reduce credit card fraud. Validation of compliance is performed annually or quarterly with a method suited to the volume of transactions:

The payment card industry (PCI) denotes the debit, credit, prepaid, e-purse, ATM, and POS cards and associated businesses.

The Payment Card Industry Security Standards Council was formed by American Express, Discover Financial Services, JCB International, MasterCard and Visa Inc. on September 7, 2006, with the goal of managing the ongoing evolution of the Payment Card Industry Data Security Standard.

HP Application Security Center (ASC) was a set of technology solutions by HP Software Division. Much of the portfolio for this solution suite came from HP's acquisition of SPI Dynamics. The software solutions enabled developers, quality assurance (QA) teams and security experts to conduct web application security testing and remediation. The security products have been repackaged as enterprise security products from the HP Enterprise Security Products business in the HP Software Division.

<span class="mw-page-title-main">TriGeo Network Security</span>

TriGeo Network Security is a United States–based provider of security information and event management (SIEM) technology. The company helps mid market organizations proactively, protects networks and data from internal and external threats, with a SIEM appliance that provides real-time log management and automated network defense - from the perimeter to the endpoint.

The Payment Application Data Security Standard (PA-DSS) is the global security standard created by the Payment Card Industry Security Standards Council. PA-DSS was implemented in an effort to provide the definitive data standard for software vendors that develop payment applications. The standard aimed to prevent developed payment applications for third parties from storing prohibited secure data including magnetic stripe, CVV2, or PIN. In that process, the standard also dictates that software vendors develop payment applications that are compliant with the Payment Card Industry Data Security Standards.

<span class="mw-page-title-main">Linoma Software</span>

Linoma Software was a developer of secure managed file transfer and IBM i software solutions. The company was acquired by HelpSystems in June 2016. Mid-sized companies, large enterprises and government entities use Linoma's software products to protect sensitive data and comply with data security regulations such as PCI DSS, HIPAA/HITECH, SOX, GLBA and state privacy laws. Linoma's software runs on a variety of platforms including Windows, Linux, UNIX, IBM i, AIX, Solaris, HP-UX and Mac OS X.

<span class="mw-page-title-main">Sensage</span>

Sensage Inc. is a privately held data warehouse software provider headquartered in Redwood City, California. Sensage serves enterprises who use the software to capture and store event data so that it can be consolidated, searched and analyzed to generate reports that detect fraud, analyze performance trends, and comply with government regulations.

GlobalScape, Inc. (AMEX:GSB) is a software developer headquartered in San Antonio, Texas, US.

Braintree is a Chicago-based company that primarily deals in mobile and web payment systems for e-commerce companies. The company was acquired by PayPal on September 26, 2013.

<span class="mw-page-title-main">Tufin</span> Software company

Tufin is a security policy management company founded in 2005 that specializes in the automation of security policy changes across hybrid platforms and security and compliance. The Tufin Orchestration Suite supports next-generation firewalls, network layer firewalls, routers, network switches, load balancers, web proxies, private and public cloud platforms and micro-services.

Ukrainian Processing Center is a Ukrainian company founded in 1997 which provides processing services and software for banks. UPC was the first Ukrainian company within the sphere of processing that received MSP and TPP status in Visa and Mastercard. In April 1997 UPC processed the first ATM EC/MC card transaction. Since 2005 UPC has become part of the Raiffeisen Bank International. The head office of UPC is based in Kyiv. Ukrainian Processing Center provides services to banks in Central and East Europe in the sphere of processing payment cards, merchant acquiring and ATM channel management. UPC also offers integrated IT systems for electronic commerce, card transactions monitoring systems of fraud prevention, card issuing system and SMS banking service. Moreover, UPC was the initiator of the establishment of the united ATM network "ATMoSphere", which consists of payment cards issuing banks. Annually UPC processes more than 400 million of payment card transactions.

Deft, a Summit company is an IT infrastructure provider of colocation, cloud infrastructure, IaaS, DRaaS, network connectivity, managed storage, and managed services in data centers across North America, Europe, Australia, and Asia. Some of the company's customers include CDW, Outbrain, New Relic, Ars Technica, Cars.com, and Shopify. In 2018, Deft was named one of the fastest-growing private companies in the United States by Inc. Magazine for the eighth consecutive year.

Point-to-point encryption (P2PE) is a standard established by the PCI Security Standards Council. The objective of P2PE is to provide a payment security solution that instantaneously converts confidential payment card data and information into indecipherable code at the time the card is swiped, in order to prevent hacking and fraud. It is designed to maximize the security of payment card transactions in an increasingly complex regulatory environment. There also exist payment solutions based on end-to-end encryption, implying the highest level of confidentiality for the transferred data.

References

  1. Profit Magazine- 20th Annual Canada's Fastest-Growing Companies (Canada), June 2008.
  2. IDC Report "Canadian Strategic Outsourcing" May, 2004.
  3. Wahl, Andrew. "Inside Fort Fusepoint," Canadian Business, July 7, 2003.
  4. Buckler, Grant. "Rely on others to keep your systems safe," Globe and Mail, September 15, 2005.
  5. Eagle, Liam. "Fusepoint Challenges for Canadian Managed Hosting Market," the WHIR.com, September 25, 2002.
  6. "UPDATE 1-Savvis to buy Canada's Fusepoint for $124.5 mln". Reuters. 2010-06-01. Retrieved 2020-01-22.
  7. "Savvis Completes Acquisition of Fusepoint". Lumen Newsroom. Retrieved 2020-12-22.
  8. Lysecki, Sarah. "Fusepoint acquires Toronto application developer," itBusiness.ca, March 8, 2005,
  9. Perkins, Tara. "Security Firms Boom – How to Prevent Fraud, Identity Theft," Toronto Star, January 20, 2007.