MCI WorldCom takes OzEmail off the market
After many months of starts and stumbles, Australia's second largest ISP, OzEmail, has been taken off the market.
Since the recent bungled $325 million bid by eisa to buy OzEmail, potential buyers have been backing away and there are rumours that customers are doing the same.
Subscribers are said to now be well below the 350,000 level quoted earlier this year. It is believed that its parent company, MCI WorldCom subsidiary UUNet, will attempt to strengthen OzEmail's offerings through strategic alliances rather than sell it at a reduced price.
IT&e loses head
John Craven has resigned as non-executive chairman and company director of the listed channel conglomerate IT&e Limited.
After serving as the company's inaugural chairman, Craven is reportedly looking to concentrate his efforts on Hunter Bay Partners - an IT venture capital company - of which he is a partner.
IT&e listed on the ASX late last year and has since gone on to post a positive cashflow, made three acquisitions and signed a significant joint venture with Asian financial services provider OSK. The partnership will see OSK inject $4.5 million into the company within the next 60 days.
The company has also recently announced shareholder approval to issue up to 30 million shares to fund further acquisitions. IT&e's deputy chairman, Bob Johnson, will assume the role of acting non-executive chairman.
Tech Pac & Senacon team up to attack e-business
Tech Pacific has added another feather to its distribution cap with the announcement last week that it would handle the distribution for Australian-based, low-end, e-business software vendor Senacon.
Senacon has a package of products called the Senacon Suite which is designed for environments of 5-20 users, but it copes with user numbers up to about 100, according to the company.
"The Suite is a package of low-priced, shrink-wrapped finance, contact management, sales and marketing and e-commerce applications for small- and medium-enterprises," Chris Percival, founder and CEO of Senacon, said.