SYDNEY — Vection Technologies Ltd (ASX:VR1) said on Tuesday it will acquire Hong Kong and Singapore-based digital marketing agency Monogic Limited in a scrip-only deal aimed at accelerating its expansion across the Asia-Pacific region. The acquisition, expected to close by Dec. 31 pending regulatory and shareholder approvals, will see Vection issue up to A$1.6 million…
Eureka Group to acquire Benalla Tourist Park
MELBOURNE – Australian property firm Eureka Group Holdings Ltd said on Tuesday it has acquired the Benalla Tourist Park in Victoria, its first all-age rental community in the state, for A$11.7 million ($7.7 million). The mixed-use park, located about 200 kilometres northeast of Melbourne, comprises 145 revenue-generating sites, including 61 land-lease homes, 9 park-owned rentals, 29…
Life360 to acquire ad tech firm Nativo in $120 million deal to boost Ad platform
SAN FRANCISCO – Family safety app maker Life360 Inc said on Tuesday it has agreed to acquire advertising technology company Nativo for approximately $120 million in cash and stock, a move aimed at accelerating the growth of its advertising business. The acquisition will combine Life360’s first-party data on family locations and behavior with Nativo’s network…
Cromwell to acquire stake in AUD 470 million industrial portfolio
SYDNEY — Cromwell Property Group (ASX:CMW) said on Tuesday it has entered into conditional agreements to acquire a 19.9% stake in Straits Real Estate’s Australian industrial portfolio valued at AUD 470 million, as part of a strategic push to expand its assets under management (AUM). The deal includes the purchase of the portfolio’s management platform,…
AI startup CoLab raises $72 million to build decision-making layer for engineering
HOUSTON – CoLab, a provider of artificial intelligence software for engineering teams, said on Tuesday it raised $72 million in a Series C funding round led by Intrepid Growth Partners, as demand surges for AI that can capture expert knowledge and accelerate complex design decisions. The funding round affirms CoLab’s position in the competitive field of…
GovHost acquires True North Software to expand cloud-based public safety platform
COLUMBIA — GovHost, a U.S.-based provider of public safety software, said on Tuesday it has acquired True North Software LLC, an Illinois firm specializing in cloud-native Computer-Aided Dispatch (CAD) and Records Management System (RMS) solutions for small and mid-sized law enforcement agencies. The deal marks a strategic expansion for GovHost, which aims to unify CAD,…
BigBear.ai to acquire Ask Sage, posts q3 profit despite revenue decline
NEW YORK – BigBear.ai Holdings, Inc. (NYSE: BBAI), a provider of AI-powered decision intelligence solutions, said on Tuesday it has signed a definitive agreement to acquire Ask Sage, a generative AI platform tailored for defense and national security applications. The acquisition, expected to close in late Q4 2025 or early Q1 2026, marks a strategic…
Australia’s Megaport to acquire compute firm Latitude.sh
BRISBANE – Australian cloud networking firm Megaport Limited (MP1.AX) said on Monday it has agreed to acquire compute provider Latitude.sh, a move aimed at creating a combined platform to tap into growing demand for artificial intelligence (AI) and hybrid cloud services. The acquisition, which is expected to close by Dec. 31, 2025, will merge Megaport’s…
Tsleil-Waututh Nation to purchase Hastings Casino from Great Canadian Entertainment
VANCOUVER — The Tsleil-Waututh Nation has reached a definitive agreement to purchase the casino at Hastings Racecourse from Great Canadian Entertainment, the two parties announced today. The deal, expected to close after receiving regulatory and municipal approvals, marks a significant step toward economic self-determination for the Coast Salish Nation in its traditional territory. The agreement, dated…
Raytheon, Avio partner to build new US solid rocket motor facility
ARLINGTON – Raytheon, an RTX business, and Avio USA have signed an agreement to establish a new, state-of-the-art solid rocket motor production facility in the United States, the companies announced Tuesday. The memorandum of understanding aims to make Avio a vertically integrated merchant supplier, serving Raytheon and other customers. Under the agreement, Raytheon will have…
Legislative breakthrough in Senate amid travel chaos and legal battles over food aid
WASHINGTON – The nation’s longest-ever government shutdown entered a critical new phase Monday as House Speaker Mike Johnson (R-La.) summoned representatives back to the Capitol to vote on a Senate-forged deal to reopen the government. The move signals a potential end to the 41-day crisis, even as its cascading effects—from snarled air travel to legal fights…
AI startup Majestic Labs raises $100 million to challenge data center inefficiency
LOS ALTOS — Majestic Labs, an AI startup founded by veteran chip designers from Meta and Google, emerged from stealth mode Tuesday after raising $100 million to develop technology it claims will drastically reduce the cost and scale of data centers needed for advanced artificial intelligence. The company, with dual headquarters in Los Altos, California,…