Electronics Firm Codan Acquires Mining Technology Specialist Minetec for A$10m, approx 5 times EBITDA

22nd Dec 2011. South Australia-based Codan Limited (ASX: “CDA”) has reached agreement to acquire all of the shares in Perth-based mining communications and technology company, Minetec Pty Ltd (Minetec), from the Company’s founder and partner for an up-front cost of $6 million. The acquisition is scheduled for completion on 3 January 2012, with $4 million […]

Redflex Shareholders Reject Revised A$300m Bid From Macquarie and Carlyle

9th May 2011. At a Scheme Meeting of Redflex Holdings Limited (“Redflex”, ASX:RDF), held in Melbourne today, Redflex’s shareholders voted against the scheme of arrangement announced to ASX on 21 February 2011 under which an entity associated with The Carlyle Group and Macquarie Group Limited (“RoadSafety Holdings”) proposed to acquire all of the issued ordinary […]

RFID firm Bluechiip to list on the ASX at $15.5m valuation via Sofcom reverse takeover

11th Oct 2010. Bluechiip Limited – a Melbourne-based company which has invented and developed a groundbreaking innovative MEMS (Micro Electro Mechanical Systems) tracking solution with a number of commercial applications, for healthcare, security, defence and waste industries – plans to list on the Australian Stock Exchange (ASX) via a reverse takeover by Sofcom Limited, an […]

Altium Acquires Cloud Software Developer Morfik for A$3m Scrip

16th Sept 2010. Electronics design software company Altium (ASX:ALU) has announced it intends to acquire Australian cloud-application development company Morfik Technology. Altium has been using Morfik’s technology and development tools for a number of years as key elements in the development of its own web-based infrastructure for the electronics design process. It is moving to […]

Sumitomo SPTS Invests A$5.2m in BluGlass and Joint Venture Announced

30th Aug 2010. Australian green technology innovator BluGlass Limited (ASX : BLG) today announced that it has entered a Joint Venture (JV) agreement with SPTS, a rapidly growing semiconductor process equipment company wholly owned by Sumitomo Precision Products (TYO: 6355). The purpose of the JV is to complete the development and commercialisation of BluGlass’ proprietary […]

Bourn Acquires Assets of Fultec Semiconductor

20th Oct 2008. Fultec Semiconductor Inc., an investment of Allen & Buckeridge and Uniseed funds, has sold substantially all of the assets of the Transient Blocking Unit (TBU) business to Bourns Inc., a privately-owned firm based in Southern California. Terms of the transaction were not disclosed. Headquartered in Mountain View, California, Fultec designs and manufactures […]

Netcomm Acquires Call Direct for A$2.3m

10th Sept, 2008. NetComm Limited (ASX: NTC) has announced it will acquire an Australian private company, Call Direct Cellular Solutions 2003 Pty Ltd in a cash and shares deal worth $2.275 million. Conditional on final commercial review and shareholder approval at the AGM for the issue of $1.3 million of NetComm’s shares, NetComm will acquire […]

Sapphicon Semiconductor Acquires Peregrine Semiconductor's Australian Facility

15th July 2008 – Sydney, Australia. Sapphicon Semiconductor a privately funded company has acquired the semiconductor fabrication facility of Peregrine Semiconductor Australia. Andrew Brawley, CEO of Sapphicon said, “For the last seven years, the facility has manufactured integrated circuits for Peregrine using Silicon-on-Sapphire technology.” Sapphicon will transition from being a captive fab that manufactures integrated […]

Arasor Raises A$35m in Successful IPO

11th Oct 2006. Silicon Valley optoelectronics company Arasor International is talking up both its business opportunities in Asia and its plans to open a manufacturing base in Australia ahead of next week’s stock market listing. The company offered 23.33 million shares at $1.50 each, as it sought capital to continue its expansion into the Indian […]

Dolby Secures Lake Technology for A$21.6m

23rdDec 2003. Following a bidding war with high profile shareholders in Lake Technology, US audio giant Dolby Laboratories has finally secured the company with an increased offer of 16 cents a share. Dolby lodged a bid of 13 cents a share in September 2003. Lake shareholders, including former prime minister Paul Keating, Strathfield Group founder […]

Cisco Systems to Acquire Radiata, Inc for US$295m Stock

13th Nov 2000 – Cisco Systems, Inc., today announced a definitive agreement to acquire privately held Radiata, Inc. of San Jose, California and Sydney, Australia. Radiata is a leading supplier of chipsets for high-speed wireless networks. This acquisition strengthens Cisco’s New World strategy by expanding its ability to deliver next generation wireless networks using the IEEE […]