They’re the two favourite ISPs for Lifehacker readers, but soon they will be one. iiNet is buying Internode in a $105 million deal.
The deal is expected to be completed by the end of February. iiNet has maintained some of its other acquired brands — Westnet and Netspace being the clear examples — and Internode will also continue as a separate business unit. “Off-net” customers — those using a service wholesaled from Telstra — will be migrated to the iiNet network. Apparently that covers 15,000 of Internode’s 190,000 customers.
There’s a press conference at 1630 today and we’ll run all the in-depth news after that.