Telefónica Europe business was rebranded to 'O2 Online' which continues in the UK as a mobile communications service provider tied to the O2 UK network. The Genie portal properties were rebranded O2 Active in UK, Germany, Ireland and the Netherlands, and Genie Asia became O2 Asia. O2 Asia became a subsidiary of O2 UK for governance purposes. On 31 October 2005, O2 agreed to be taken over by Telefónica, a Spanish telecommunications company, with a cash offer of £17.7 billion, or £2 per share. According to the merger announcement, O2 retained its name and continued to be based in the United Kingdom,
Raindance Communications Raindance Communications Raindance Communications, Inc. was a US company that provides online meeting, web conferencing and teleconferencing services. Its products include "Raindance Seminar Edition", "Raindance Meeting Edition", "Raindance Web Conferencing Pro", "Raindance Reservationless Conferencing", and others. The company is typically referred to as simply "Raindance." Raindance was founded in April 1997. Originally called Vstream, the company specialized in the emerging field of internet streaming media. In 1999 the firm diversified into the web conferencing space by hosting and webcasting audio conferences using its existing streaming technology. In 2000, Vstream changed its name to Evoke Communications and offered its IPO. In