TA Associates and Updata Partners To Acquire Melbourne Workflow Firm Nintex for US$220m, 14*2012 EBITDA

28th March 2013. Melbourne-based Micorosft Sharepoint value added solutions provider Nintex has announced it has received an offer for the business from two leading US private equity firms, TA Associates, a leading global growth private equity firm, and Updata Partners, a leading technology-focused growth equity firm. This follows an investment by Macquarie Capital in October […]

Hansen Corporation acquires Pay TV billing assets of Naspers Irdeto business

3rd Jan 2013. Hansen Technologies Limited (ASX: HSN) has announced the acquisition of the Pay TV billing and customer care product line of Irdeto Inc, with effect from 1 January 2013. Terms have not been disclosed. Irdeto Inc, a leader in content security, management and delivery for pay media companies , is a wholly owned […]

Longreach sells defence technology subsidiary C4i to ITT Exelis for $A18.3m, 2*TTM Revenue

10th Dec 2012. LongReach Group (ASX:LRG) has announced that it has entered into a share purchase agreement to sell its principle business, defence technology firm C4i Pty Limited, to multinational defence supplier ITT Exelis (NYSE:XLS) for A$18.3m, a price substantially more than the market capitalisation of Longreach. C4i is a wholly owned subsidiary of Longreach and […]

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 […]

Lexmark Acquires Australian-borne Search Firm ISYS Software

19th March 2012. Sydney-borne ISYS Search Software, a global leader in embedded search and universal information access solutions, today announced its acquisition by Lexmark International, Inc. (NYSE: LXK). Terms have not been disclosed. Established in Sydney in 1988 by Ian Davies, ISYS previously marketed and sold enterprise search applications. Davies developed prototype text retrieval software […]

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 […]

Sydney Data Modelling Firm Kaggle Raises US$11m in High Profile Series A Finance Round

5th Nov 2011. Kaggle, a platform for predictive data modeling competitions, has raised $11 million in Series A financing led by Index Ventures and Khosla Ventures. SV Angel, Yuri Milner’s Start Fund, Stanford Management Company, which invests and manages Stanford University’s endowment and other financial assets, PayPal Founder Max Levchin; Google Chief Economist Hal Varian; […]

Former UNSW Researcher Sells Social Analytics Firm Julpan to Twitter for est US$40m+

21st Sept 2011. Twitter has acquired Julpan, a social search company founded by former University of NSW researcher Ori Allon, who is credited with the creation of the Google Orion Search Engine. Terms of the deal were not disclosed, however the Sydney Morning Herald has reported Mr Allons’ UNSW PHd supervisor and a Julpan technical […]

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 […]

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 […]

Macquarie Capital Group invests in eDiscovery provider Nuix

17th May 2011. Nuix, a leading provider of electronic discovery (eDiscovery) and investigation technology software, today announced that Macquarie Capital Group Limited has invested in its business, accelerating the company’s next phase of business growth and expansion. Financial terms have not been disclosed. Macquarie’s decision to invest in Nuix is in recognition of the company’s […]

Appen and Butler Hill Merge Operations To Create Global Leader in Linguistic Solutions

11th March 2011. Appen Inc. (Appen) and the Butler Hill Group LLC (Butler Hill) announced today that they have merged their operations to create a new global leader in linguistic solutions. The combination of Appen’s leadership in the Speech domain with Butler Hill’s expertise in Search and Text Analytics will enable the combined company to […]

Macquarie Capital Invests in Sharepoint solutions provider Nintex

5th Oct 2010. Nintex Group Pty Ltd (“Nintex”) advises that Macquarie Capital Group Limited (“Macquarie”) has agreed to acquire a significant minority interest in Nintex. Nintex, is a global provider of workflow management and collaboration products which extend Microsoft’s SharePoint technology. Completion of the transaction is subject to customary closing conditions. Glen Butler, a Division […]

Atlassian Acquires Bitbucket.org, Distributed Version Control System Hosting

29th Sept 2010. San Francisco, CA and Sydney, Australia. Today Atlassian, makers of JIRA, FishEye and other software development collaboration tools, announced it has acquired Bitbucket.org. With over 60,000 accounts, Bitbucket is the premier hosted code collaboration provider for the Mercurial distributed version control system (DVCS). The acquisition signals expanded and accelerated development of the […]

ACCEL Partners Invests US$60m in Sydney Software firm Atlassian

15th Jul 2010. Atlassian, an Australian and global leader in software tools for streamlining product development, today announced the closing of a USD $60M investment from Accel Partners for a minority equity position. Rich Wong, Partner at Accel Partners, will join Atlassian’s board of directors. The funds will fuel Atlassian’s continued leadership in software development […]

Pentana Solutions Acquires IBS Automotive (Formerly IDS Enterprise Systems)

8th Feb 2010. Private Melbourne automtive software company Pentana Solutions has announced the acquisition of IBS Automotive from Swedish distribution software company IBS. IBS Automotive has its roots in Australia, as IDS Enterprise Systems, a sydney-based software company acquired by IBS in May 2005. Steve Kloss, CEO, Pentana Solutions said, “We are extremely excited about […]

ECi Solutions Acquires Melbourne-based ERP Firm Bowen and Groves / M1 Software

12th May 2009. ECi Software Solutions, a privately owened leader in industry-specific information technology solutions, has announced its acquisition of Melbourne-based M1 Software ERP firm Bowen and Groves, and its US division Bowen & Groves Inc. Terms of the acquisition were not disclosed. Bowen & Groves (B&G) is the developer of the “M1 by B&G™” […]

CDC Software Acquires SA Security Firm Vectra

1st May 2007. CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ:CHINA) and a provider of industry-specific enterprise software applications and business services, announced today the acquisition of a majority interest in Vectra Corporation for an undisclosed sum. Vectra is a leading provider of information security consulting services, managed services and enterprise security solutions. The […]