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Posts Tagged ‘amazon web services’
Industry, News - Tuesday, April 15, 2014 15:54 - 9 Comments
news Internode founder Simon Hackett (pictured, left) has made another major investment in an Australian technology company, with the beneficiary this time around being cloud computing and managed hosting services group UltraServe, which has been in operation since the year 2000.
Hackett is one of the most recognisable faces in Australia’s technology sector, courtesy of his role leading Adelaide-headquartered national broadband provider Internode for several decades, as well as involvement in numerous technology-related endeavours such as bringing the first Tesla electric car to Australia and more.
The executive sold his company Internode to fellow top-tier Australian ISP iiNet in December 2011 for $105 million, the majority of which went into Hackett’s pockets, as he was the primary shareholder of Internode. Since then he has been focused on assisting NBN Co as a board director as well as investing in local tech companies such as electric race car company eV Race Systems and setting up IT startup incubator Base64.
In a statement today, Hackett and UltraServe announced the entrepreneur would make a “multi-million-dollar” investment in the company to help accelerate its growth. UltraServe founder and chief executive Samuel Yeats (pictured, right) has agreed to sell a 40-per-cent stake in his 14-year-old company to Hackett as part of the deal. Continue…
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