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Concentric Network Corp. provides tailored, value-added IP-based network services primarily targeted to small to medium-sized enterprises. Concentric's service offerings include Virtual Private Networks (VPNs), high-speed Internet access and Web hosting. These services enable enterprises to take advantage of standard Internet tools such as browsers and high-performance servers for customized data communications within an enterprise and between an enterprise and its suppliers, partners and customers. In January 2000, Concentric agreed to be acquired by NEXTLINK Communications, Inc., a provider of a variety of voice services and high speed Internet access to the business market.(Source: 10-K405)