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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.
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.
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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.
After leaving iiNet, Malone co-founded and was chairman of Perth-based information security company Diamond Cyber, [11] [12] which was sold to CyberCX in 2020. [13] He joined the board of NBN Co in 2016. [11] Malone has served on the board of Seven West Media, SpeedCast, Superloop, Axicom, and Dreamscape Limited. [14]
Webmail (or web-based email) is an email service that can be accessed using a standard web browser. It contrasts with email service accessible through a specialised email client software . Additionally, many internet service providers (ISP) provide webmail as part of their internet service package.
In March 2015 iiNet was bought by TPG in a $1.4 billion deal, effectively making TPG the parent company of Westnet. [ 2 ] In December 2023, Westnet announced that it would cease accepting new customers to the Westnet brand, and that all existing residential Westnet customers will be migrated to the iiNet brand.
In 1997 Hackett founded a subsidiary called Agile Communications [2] that was a licensed national telecommunications carrier and was the first South Australian based company to gain this license. [3] [4] The Internode company group was sold to iiNet in a A$105 million transaction announced in December 2011 and completed on 31 January 2012. [5]