Feeds

Virginbiz.net in merger talks

30 jobs at stake

  • alert
  • submit to reddit

Bridging the IT gap between rising business demands and ageing tools

Small-business portal, Virginbiz.net, is in merger talks with an unnamed industry player, the Richard Branson subsidiary confirmed today.

Some 30 staff at Virginbiz.net's office in London will find out next week if their jobs are safe when details of the merger are finalised.

A spokeswoman for the dotcom said: "I can confirm that Virginbiz.net has entered into merger talks with a key player in the industry.

She said the decision was a "natural progression to grow the business".

However, one insider told The Register that all the staff are likely to get the chop next week with Virginbiz.net effectively selling its client list.

Virginbiz.net was launched in October 1999 to provide a one-stop-shop online service for small businesses. Providing email and Web-based services, the portal also provides information, news and a marketplace for small companies looking to trade online.

Incidentally, earlier this month it was reported that Branson's ISP, Virgin.net, was up for sale - something the company strenuously denies. You don't think they meant Virginbiz.net, do you? ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.