MYOB acquires bank transaction business BankLink for NZ$136m (A$114m)

14th May 2013. MYOB Holdings Pty Limited (“MYOB”), today announced that one of its subsidiaries has signed an agreement to purchase bank transaction data firm BankLink from Media Transfer Services Limited (MTS). BankLink automates and streamlines the accounting process for over 4,500 accounting practices and 320,000 small business clients across New Zealand, Australia, and the […]

Datasquirt Relists on the NSX as Enprise Group in A$1.74m IPO

1st Feb 2013. Former ASX-listed New Zealand company Datasquirt has relisted on Australia’s “second board”, the NSX, in a $1.74m IPO, named Enprise Group (NSX:ENS). This follows: the sale of Datasquirts business interests to American call centre provider LiveOps in Novermber 2011 for A$12.5m A distribution to Datasquirts shareholders of A$10m The delisting of Datasquirt from […]

Hexagon AB Acquires Melbourne engineering software firm Listech

28th Jan 2013. Hexagon AB (NASDAQ OMX, Stockholm: HEXA B), a leading global provider of design, measurement and visualization solutions, has acquired Melbourne-based Listech, a software development company focussed on the efficiency, accuracy and productivity of professional surveyors and engineers. The transaction is not material to Hexagon and terms have not been disclosed. Founded in […]

Carnegie VC Fund Acquires 55% of Melbourne Asset Management Software Firm Assetic for A$10m

15th Jan 2013. Mark Carnegie’s venture capital fund has announced it has secured a 55% stake in Melbourne-based asset management software firm  Assetic, for A$10 million. His Carnegie Venture Capital Fund, an Australian Government IIF-backed fund and Carnegie Private Opportunities Fund have made the latest investment. Assetic tuns several million sales a year and is growing […]

Euronet acquires Sydney multi-currency payments firm Pure Commerce

8th Jan 2013. Euronet Worldwide, Inc. (Nasdaq:EEFT), a leading global electronic payments provider and distributor, today announced the acquisition of Pure Commerce, a fast-growing provider of cloud-based financial and payment solutions to banks, acquirers and global retailers around the world. Terms have not been disclosed. Pure Commerce is head quartered in Sydney, Australia, and provides […]

UXC Eclipse acquires US Microsoft Dynamics services firm Cole Systems Inc

17th Dec 2012. IT services firm UXC Limited (ASX:UXC) has announced that its wholly owned subsidiary, UXC Eclipse Intelligent Solutions (USA) Inc. (part of the UXC Eclipse group) has finalised the acquisition of the shares of Cole Systems Associates, Inc. (Cole Systems). Terms have not been disclosed. With over 30 full time employees based in […]

UXC Acquires Oracle Applications Integrator Tripoint

5th Sept 2012. UXC Limited (ASX:UXC) is pleased to announce that its wholly owned subsidiary Red Rock Consulting Pty Ltd has finalised the completion of the acquisition of the business of Oracle integrator Tripoint Online Pty Ltd, including 50 staff, cementing Red Rock as one of the leading local managed service providers covering the Oracle […]

Schneider Electric Acquires SolveIT Software

3rd Sept 2012. Schneider Electric (SU:EN Paris), a French global specialist in energy management, has signed an agreement to acquire SolveIT Software (SolveIT), an Adelaide -headquartered scientific software provider specialising in supply & demand chain optimisation and predictive modelling. Terms for the acquisition have not been disclosed. SolveIT employs approximately 150 people. Its applications are […]

UXC acquires SAP Netweaver consultancy firm Stream

21st Aug 2012. UXC Limited (ASX:UXC) has announced that Oxygen Business Solutions, its wholly owned SAP software and services integrator subsidiary, has completed an agreement to acquire 100% of the shares of Australian specialist SAP consulting firm, Stream Holdings Pty Ltd. Terms were not disclosed however UXC advised the consideration will be paid predominantly in […]

Energy One Acquires Energy Bidding Company HARD Software

3rd May 2012. Energy One (ASX:EOL) has announced that it has acquired the assets, business and existing customers of energy bidding software company HARD Software Pty Ltd, including the Web Offer System (WOS) software and intellectual property. The WOS system is Australia’s leading energy bidding software platform, enabling the bidding of multi-billion dollar electricity transactions […]

Wipro to Acquire Newcastle-based Analytics Firm Promax for A$35m, est 10*EBIT

30th April 2012. Wipro Limited (NYSE:WIT) today announced that it has signed an agreement to acquire Promax Applications Group (PAG), a leading player in trade promotion planning, management, and optimization solutions for A$35 million in cash, to help the software exporter tap the market for analyzing customer data as it looks to drive growth at […]

Canada’s Constellation Software Division Jonas Software acquires Melbourne Radiology Software Firm Kestral Computing

4th April 2012. Serial software acquirer, Canada’s Constellation Software Inc (TSX: CSU) announced today that its wholly-owned subsidiary, Gary Jonas Computing Ltd, has completed the acquisition of Kestral Computing, a leading provider of software to the Radiology and Laboratory information systems industry in Australia, New Zealand and parts of Asia. With over 40 employees, Kestral […]

US HR Cloud Firm Cornerstone OnDemand Acquires NZ-based Sonar Limited for US$14m

8th March 2012. Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent management solutions, has announced that it has entered into an agreement to acquire privately held Sonar Limited (“Sonar6”). Based in Auckland, New Zealand, Sonar6 is a leading provider of cloud-based talent management solutions serving small businesses globally. Cornerstone will pay approximately $13 million […]

Atlassian Acquires HipChat, Group Chat and Collaboration Service

7th March 2012. Sydney-based Atlassian Software, a leading provider of collaboration software for product teams, today announced it has acquired San Francisco-based HipChat, a hosted private chat service for companies and teams. HipChat has more than 1,200 customers including Groupon, HubSpot and WIRED. Atlassian will incorporate HipChat into its growing portfolio of software that helps […]

UXC Acquires NZ-based Oracle JD Edwards Specialist Jireh Consulting

10th Feb 2012. UXC Limited (ASX:UXC) has announced that it’s wholly owned subsidiary Red Rock Consulting has completed the acquisition of all the shares of Aukland-based JD Edwards Consulting firm Jireh Consulting Services Ltd (Jireh). Terms for the acquisition have not been disclosed however UXC advised it to be immediately accretive to earnings per share. […]

Constellation Software’s Friedman Corp Acquires Australian ERP Firm Markinson

14th Dec 2011. Friedman Corporation, a wholly-owned subsidiary of Constellation Software, Inc. (“Constellation”, TSX: CSU) announces that it has acquired Brisbane-based Markinson Technologies Pty Ltd. Terms for the acquisition have not been disclosed. Constellation is a very successful, serial acquirer of vertical market software firms such as Markinson, and the acquisition is its most signifiacnt […]

Canada’s TMX Group to Acquire Razor Risk for A$10m, 1x Revenue

30th Nov 2011. Toronto stock exchange listed TMX Group Inc (TSX:X), the owner of the Toronto Stock Exchange, has announced a takeover bid for ASX-listed financial services risk software firm Razor Risk Technologies Ltd (ASX:RZR). The takeover has the support of Razor’s board and the two companies have entered into a Takeover Bid Implementation Agreement […]

NZ’s Datasquirt Sells Its Call Center Software Business For US$12.5 million to LiveOps Inc

21st Nov, 2011. New Zealand-based Datasquirt Limited (ASX:DSQ) is pleased to announce the conditional sale of its complete business to LiveOps, Inc., a leading US call centre applications provider, for US$12.5 Million, a 37% premium over Datasquirt’s current market capitalization. Datasquirt has entered into an asset purchase agreement to sell substantially all of the assets […]

SAP to Acquire NZ 3-D Software Firm Right Hemisphere

9th Sept 2011. Enterprise software firm SAP AG (NYSE: SAP) has announced it will acquire Right Hemisphere, a leading provider of visual enterprise solutions based in San Ramon, California, and Auckland, New Zealand. The purchase price has not been disclosed. Founded in 1997 by kiwi Mark Thomas, Right Hemisphere is a privately held corporation based […]

Photon Sells UK Division Retail Insight to US Firm Retail Solutions for $US 11m

5th Sept 2011. Photon Group Limited (ASX:PGA) today announced the sale of a UK business unit, Retail Insight Limited, which provides point-of-sale data services to UK suppliers. The unit was sold to Retail Solutions Inc, a US venture capital backed retail software company for total consideration of US$11 million. The proceeds from the asset sale […]

Automotive Software Firm Infomedia Acquires UK’s Different Aspect Software for £3.174m

2 September 2011. International automotive software developer, ASX-listed Infomedia (IFM) announced today that it has acquired 100% of the share capital of Different Aspect Software Ltd (DAS), of Cumbria, England. A UK based software developer specialises in the provision of IT application solutions to the automotive industry. The acquisition price was £3,174,000 and was fully […]

Bain Capital Acquires MYOB for Approx A$1.2bn and 11.5 times EBITDA

21st Aug 2011. Bain Capital announced today that it has signed a definitive agreement to acquire MYOB Ltd, Australia’s largest independent software vendor, from a consortium led by Archer Capital that also included international investment firm HarbourVest Partners. Whilst financial terms of the transaction are confidential and have not been disclosed, press speculation puts the […]

Business Software Firm Prophecy Acquires Security Firm Intersect Alliance for A$2m plus Shares

15th Aug 20011. South Australian business software firm Prophecy International Holdings (ASX:PRO) has completed a cash and stock transaction to purchase the business of Intersect Alliance, a Canberra-based software company which specializes in a range of open source and proprietary security software. The consideration included 3 million Prophecy shares and close to $2 million in […]

CSC Finalises $480m iSOFT Acquisition

1st August 2011. CSC (NYSE: CSC) today announced it has closed the acquisition of iSOFT Group Limited (ASX: ISF), one of the world’s largest providers of advanced healthcare IT solutions. The offer to iSOFT shareholders announced in April 2011, was at A$0.17 per share in cash. The deal implies an enterprise value of about $480m. […]

BigCommerce Closes US$15m Series A Investment from General Catalyst Partners

1st Aug 2011. Sydney-based BigCommerce, the fastest growing e-commerce platform in the world with almost 20,000 clients, today announced the closing of a US$15 Million Series A investment from General Catalyst Partners. In addition, Larry Bohn, managing director at General Catalyst, has joined the BigCommerce board. The funds will be used to rapidly expand the […]

Connxion Divests eBilling Business to Speedscan, and goes into Administration

12th July 2011. Venture capital-backed document processing specialist Speedscan announced the acquisition of the e-Billing business of Connxion Limited (ASX: CXN) on the 30th june. Financial details of the transaction were not disclosed. The nest day, 1st July, Connxion Limited, along with its subsidiary Data 1 (formerly known as Connxion Data), announced it had entered administration. Connxion has […]

UK’s Allocate Software Acquires ehealth firm RosterOn for A$3m, 5*EBITDA

5th July 2011. Allocate Software plc (AIM:ALL) has announced that it has acquired RosterOn Pty Ltd (“RosterOn”), an Australian based provider of workforce management software with a focus on the Australian healthcare market, for A$3.0 million (£2.0 million) (the “Acquisition”). This gives Allocate a much stronger local presence and is in line with its ambitious […]