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How weasily-worded: >They were bought in '98 by the former state-owned KPN As if they couldn't avoid it. The owners of XS4ALL sold the business to KPN. They k
by yqt 8y ago
How weasily-worded:
>They were bought in '98 by the former state-owned KPN
As if they couldn't avoid it. The owners of XS4ALL sold the business to KPN. They knew what KPN was going to do with it (dismantle all the "cool" stuff) and didn't care, they just wanted their cash.
- apexalpha 8y agoNo they just couldn't survive on their own, too small, too niche.
- joelhaasnoot 8y agoBut that's partly because KPN is a monolithic monopolist. It's hard when you can't get good rates on anything...
- skrebbel 8y agoThey were bought in 1998 and managed to keep their unique way of doing things for 20 years afterwards? Sounds like the founders negotiated a seriously good outcome. I really don't understand how you can call anyone a sellout with a spectacular outcome like that. Most acquisitions go like "nothing will change, pinky promise!" and then 6 weeks later "oh btw we're discontinuing $WHY_YOU_LOVED_US".