Praemium to acquire Technotia Laboratories in $7.5 mln share deal
MELBOURNE – Australian wealth management platform Praemium Ltd (ASX: PPS) said on Monday it will acquire technology solutions firm Technotia Laboratories in a $7.5 million all-share deal, aiming to accelerate artificial intelligence innovation and automation across its services. Praemium will issue 9,047,045 ordinary shares at $0.829 each to acquire 100% of Technotia, founded by scientist…