Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
MYOB sold its US operations including the development of its Mac accounting software to its local distributor, Acclivity. Under the terms of the agreement, Acclivity has acquired MYOB US and its Mac and PC development team.
MYOB also announced that it would completely withdraw from mainland China "in the light of [presumably poor] progress to date", three years after opening its operations there.
MYOB also confirmed today that it is in discussions with other parties about "possible alternative proposals that may result in a superior offer."
Despite being challenged on this point by Manhattan, MYOB has not identified these possible suitors.
The board says it is unlikely that a proposal will be announced before Manhattan's deadline, but continues to advise shareholders to reject the company's offer.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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