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 :))
MWEB is for sale!
Posted by HoTsTePPa | | business, internet, money, South Africa, technology | 5 Opinions »
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so, um... your job is safe right?
Absolutely, thats not even a question!
Dynamic with young talent huh? ;-) Sounds familiar! Mweb, you say?
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 ;)
@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!