Tuesday, April 20, 2010

Logicworks, a provider of enterprise hosting and cloud computing

Logicworks, a provider of enterprise hosting and cloud computing for high-availability applications and content, yesterday announced that it has hired Rick Ellenberger as CEO. The company states that Ellenberger has been at the forefront of technology revolutions for the last 30 years, and has successfully led companies in telecommunications, data integration and internet broadband. It avers that he has acquired, built and restructured several companies and led some of the best-known technology brands to greater profitability and investment. Its founder Carter Burden, who had been the firm's CEO, will continue in his role as Chairman of Logicworks board of directors.

The company explains that prior to it, Ellenberger was the Chairman and CEO of Cincinnati Bell. Through acquisition and strategic partnerships he created Broadwing Corporation, which was the first all-optical IP backbone network. During his tenure at Broadwing, he helped raise over $1 billion in investment capital and over $400 million in private equity investment. In 2001, Ellenberger was named Smart Executive magazine's Internet Executive of the Year, for leading Broadwing's phenomenal transformation from a one-city telephone company into a nationally-recognized, integrated communications powerhouse.

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