Imdex buys MinePortal from DataCloud for $20 million

SYDNEY, AUSTRALIA: Imdex Limited has signed an asset purchase agreement to acquire the MinePortal software from Californian-based DataCloud International. The circa $20 million transaction includes a cash payment of $8 million and three tranches of IMDEX shares over a three-year period. The acquisition is on strategy and accelerates IMDEX’s growth within the mining production phase.…

IMDEX completes AusSpec acquisition

SYDNEY: Imdex Limited has completed the acquisition of AusSpec International Limited following payment of A$1 million cash and A$5 million IMDEX shares, a news release said. Commenting  on  the  acquisition  IMDEX  Chief  Executive  Officer,  Paul  House,  reiterated  AusSpec’s  excellent strategic fit and world-leading expertise in automated mineralogy. “AusSpec’s  unique  and  proven  aiSIRIS  platform  strengthens  our …