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Elastic Networks Wins Multimillion-Dollar Contract from Six Continents Hotels

ATLANTA-The Alpharetta, GA-based software manufacturer will be selling its patented EtherLoop technology to broadband services providers installing high-speed Internet broadcast video lines into a half million guest rooms at 3,200 hotels in 100 countries and territories.

By Alex Finkelstein | Updated on August 28, 2001

ATLANTA-Elastic Networks Inc. of suburban Alpharetta, GA has hit a homerun with its multimillion-dollar contract from London-based Six Continents Hotels.

The software manufacturer will be selling its patented EtherLoop technology to broadband services providers installing high-speed Internet broadcast video lines into 510,000 guest rooms at 3,200 hotels in 100 countries and territories.

The specific value and length of the contract was not disclosed but it is believed to be the largest contract in the Georgia firm’s history.

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