SYDNEY: Australian cybersecurity firm archTIS Ltd. (ASX:AR9) announced Wednesday it will acquire the technology, customer base, and employees of U.S.-based data security provider Spirion LLC in a $15.7 million AUD deal, marking a major step in its U.S. expansion strategy. The acquisition, priced at 0.9x Spirion’s FY25 annual recurring revenue (ARR), will boost archTIS’ pro-forma…
SYDNEY: Visionflex Group Ltd (ASX:VFX), an Australian virtual healthcare technology provider, on Thursday reported a 148% quarter-on-quarter revenue jump to A$2.0 million for the fourth quarter ended June 30, driven by growth in recurring software revenue and several new government and corporate contracts. The company posted operating cash inflow of A$0.3 million, reversing a cash…
The cinema software company posted a 25% increase in EBITDA and a 6% increase in revenue, driven by its cloud-based solutions and new client signings. WELLINGTON: Vista Group International Limited (NZX & ASX: VGL), a leading provider of cinema management, film distribution and customer analytics software to the global film industry, announced its full year…
SYDNEY, AUSTRALIA: Objective Corporation, a leading provider of software solutions for the public sector, has announced its financial results for the first half of FY2024, showing continued growth in annual recurring revenue (ARR), profitability and customer value. The company’s ARR increased by 15% year-on-year to $82.6 million, driven by strong demand for its cloud-based content…
Wiz, the cloud security leader that is ranked #1 by customers, has appointed Dali Rajic as its new President and Chief Operating Officer. Rajic will help steer the company through the next phases of its rapid growth on the road to IPO. Rajic joins Wiz from Zscaler, where he was the Chief Operating Officer and…