[AusNOG] Vocus buys M2

[Nathan Brookfield]

I should finish reading the document before I comment, we're all doomed :(

On 28 Sep 2015, at 09:05, Nathan Brookfield <Nathan.Brookfield at simtronic.com.au<mailto:Nathan.Brookfield at simtronic.com.au>> wrote:

Best news anyone could ever possibly wake up to, amazing news :-)

Nathan Brookfield
Chief Executive Officer

Simtronic Technologies Pty Ltd
http://www.simtronic.com.au

On 28 Sep 2015, at 08:11, Skeeve Stevens <skeeve+ausnog at theispguy.com<mailto:skeeve+ausnog at theispguy.com>> wrote:

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<mailto: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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