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Tom has been a leading entrepreneur in the computer industry for more than three decades, during which time he has founded seven successful high-technology companies, and influenced the success of several more. His first company, Applied Logic, an early provider of Managed Hosting Services, was acquired by Raytheon in 1980. He next founded XNET Corp., creating the first fully automated financial futures and commodities exchange which was acquired by the International Futures and Commodities Exchange in 1983.