[AusNOG] Vocus buys M2

[Skeeve Stevens]

Yes, it happened.  Vocus buys M2.

In a script for script deal... the Vocus name survived the merger - M2 name
disappeared.

The new CEO of Vocus will be Geoff Horth

James Spenceley remains as an Executive Director, but active daily in the
business doing what he does best, running the telco side.

Notes:
- Combined Revenue of $1.8bn
- Market Cap $3bn
- Both boards support merger
- David Spence to chair combined group
- 4000 combined staff
- ASX Announcements - http://www.asx.com.au/asx/research/company.do#!/VOC


So, this is battle of the titans and likely to upset Teoh who would
eventually come after M2... or may try to hit the combined group, but he is
busy off trying to buy Vodafone at the moment.

Great to see James still involved and doing what he does best without the
headache of managing that many staff...

Exciting days.


...Skeeve


--

Skeeve Stevens - The ISP Guy - Internet Provider SME

Email: skeeve at theispguy.com ; Cell: +61(0)414 753 383
Skype: skeeve; Blog: TheISPGuy.com <http://theispguy.com/> ; Facebook:
TheISPGuy <https://www.facebook.com/theispguy>

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