July 12, 2005 10:49 AM PDT

Everdream hires former Sybase CEO

Everdream, a provider of hosted PC management services, on Tuesday named former Sybase and Commerce One CEO Mark Hoffman as its new president and CEO. Hoffman replaces Gary Griffiths, who has left the Fremont, Calif.-based company.

Everdream, a venture-backed company, was founded in 1998 and has about 140,000 desktops under management. In a statement, Hoffman said he intends to focus on executing the company's current strategy. "Everdream's recurring revenue model was especially appealing to me, as it not only provides the company with a strong financial foundation, but also commits us to sharing responsibility for our customers' success," Hoffman said. He left struggling e-commerce company Commerce One in October 2004, before ComVest Investment Partners and DCC Ventures acquired the assets of the company in December.

 

Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

Inside CNET News

1-2 of 12

Scroll Left Scroll Right

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

Markets

Market news, charts, SEC filings, and more

Related quotes

Dow Jones Industrials (-0.69%) -89.23 12,801.23
S&P 500 (-0.69%) -9.31 1,342.64
NASDAQ (-0.80%) -23.35 2,903.88
CNET TECH (-0.58%) -11.91 2,032.01
  Symbol Lookup