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Internode email addresses are moving to The Messaging Company in 2023 and will be at a yet to be determined cost to the end user. [ 9 ] Internode has supported many local events, such as the Adelaide Film Festival , WOMADelaide , the Adelaide Fringe (for at least 10 years until 2014 [ 10 ] ) and the Global Green hosting Challenge.
iiNet was founded in 1993 by Michael Malone and Michael O'Reilly, who started the business in a suburban garage in Perth as iiNet Technologies. It began as one of the first Australian ISPs to offer TCP/IP Internet access [citation needed], as opposed to the store-and-forward techniques (such as MHSnet) that were then in use at other ISPs.
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On 13 March 2015, TPG advised of its intent to take over Australia's third Largest ISP iiNet at A$8.60 per share, giving a value of $1.4 billion. [17] TPG offered $8.60 per iiNet share, on top of the entitlement to the already-declared 10.5-cent interim dividend, valuing iiNet at about 21 times its underlying net profit for 2014.
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