UK ISP Easynet Group exchanged contracts last week in the #730,000 purchase of UK Online, the consumer content and access provider with 4,000 subscribers.
The #730,000 will be paid in two tranches: #580,000 on completion satisfied by the allotment of 1,026,549 ordinary shares of 4 pence each in Easynet; #150,000 will be paid in March 1997.
UK Online reported a net loss of #976,707 for the period 1 January/30 September 1996, but that did not prevent Easynet's chairman David Rowe from commenting, "As a result of the acquisition, UK Online subscribers can look forward to improved Internet access and further expansion into consumer content provision."
www.UK Online.co.uk www.easynet.co.uk.
And, yep, it'll run Android rather than RiscOS
US engineering giant's cost-cutting outsourcing plan is on the rocks, according to insiders
HP Envy X2 laptop only affordable if you've got loadsamoney
Counterfeit code-signing certificates enabling hackers to hide malware being sold by cyber criminals
Certificates can be used as part of layered obfuscation to evade detection by anti-virus software