"WebCentral" news, interviews, and features

News about WebCentral

• Webcentral buys New Domain Services, relaunches Melbourne IT

  Jonathan Horne will be CEO of Melbourne IT

• Webcentral profitability plummets to $24.7M in the red

  Due in part to data centre and network costs, a non-cash goodwill impairment expense and acquisition, restructuring, transaction and merger costs.

• Webcentral's losses deepen to $11M

  Half year saw Webcentral complete its 5G Networks integration and increase its hold on Cirrus Networks.

• Cirrus CEO Matt Sullivan exits amid ‘comprehensive’ restructure

  Comes as Webcentral pushes Cirrus shareholders to support its takeover plan.

• Webcentral turns a corner post-5GN acquisition

  Claims financial upsurge results from “the significant initiatives implemented since the change of control by 5GN".

• Webcentral holds firm on $26.3M ‘fully priced’ Cirrus bid

  Comes after Cirrus asked for revised offer terms in exchange for due diligence information.