So, literally 2 weeks after I have started working at MWEB, the CEO sent out an email requesting a company gathering today at 1pm for an announcement.

Naspers, the holding company, has received a few offers for the purchase of MWEB recently. After a review of their portfolio and their overall strategy, it seems like a good idea to Naspers and MWEB that the company be sold as a strategic move to further enhance MWEB as a force to be reckoned with in the ISP arena in Africa.

I must be honest, I have come to realise that the company is not as a stuffy as its previous image. Its very much a young dynamic company with lots of GREAT TALENT. The ideas, the technology, the service, its just plain amazing to have SO much talent under one roof!

Anyway, I think that this is a great move for the company and I assume that the company will select its buyer based solely on the benefit to MWEB's strategy. Cash is not a problem for MWEB and the CEO clearly stated that this nothing but a strategic move!

So, don't believe the rumours in the news!

I wonder if Google will buy the company? I wouldn't mind those cool desks and chairs :))

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5 Opinions

  1. angel // 03 June 2008 at 19:26

    so, um... your job is safe right?

  2. HoTsTePPa // 03 June 2008 at 23:35

    Absolutely, thats not even a question!

  3. Island Chic // 06 June 2008 at 10:40

    Dynamic with young talent huh? ;-) Sounds familiar! Mweb, you say?

  4. Christopher J Combrink // 20 June 2008 at 09:40

    Eish man, take overs are an interesting experiance. I think that VOX has put in an offer for MWeb but dude, stick around in that company - there are some GREAT career moves to be made there!

    Excellent grounding for a job abroad ;)

  5. HoTsTePPa // 30 June 2008 at 22:48

    @CJC - are you at VOX? I dig the VOX phone! Will be signing up real soon for one!

    MWEB is a great company with a very exciting future. The internet landscape in SA is gonna have a complete turnaround soon which shud benefit the consumers in a HUGE way!

    Exciting times dude!