Group revenue rose 3% year-over-year to A$431 million, while reported EBITDA surged 15% to A$130 million PERTH: Mining technology firm IMDEX Ltd. reported resilient earnings and a record fourth-quarter revenue performance for the fiscal year ended June 30, 2025, underscoring its strategic pivot toward digital growth and high-margin technologies. Group revenue rose 3% year-over-year to…
Tag: Saas
Datasite acquires Blueflame AI
MINNEAPOLIS: Datasite, a global SaaS provider of AI-powered workflow collaboration and automation solutions for mergers and acquisitions (M&A), investment, and strategic projects, has acquired Blueflame AI, a leading developer of agentic AI solutions for financial services. Terms of the transaction were not disclosed. The acquisition marks a strategic move by Datasite to deepen its capabilities…
Datasite acquires Sourcescrub to expand AI-powered M&A platform
MINNEAPOLIS: Datasite, a global software-as-a-service provider specializing in artificial intelligence-powered solutions for mergers and acquisitions, announced today it has acquired Sourcescrub, a California-based provider of deal-sourcing data and workflows. The acquisition from Francisco Partners is the latest move in Datasite’s strategy to enhance its offerings for M&A professionals. The Sourcescrub acquisition follows a $500 million…
Calix earnings soar 22% as AI-powered platform drives subscriber gains
Calix (NYSE: CALX) beat expectations in Q2 2025, delivering 10% sequential revenue growth and accelerating its broadband platform transformation with agentic AI. Calix reported second-quarter revenue of $241.9 million, up 22% year-over-year, as its broadband experience provider (BXP) customers continued adopting its appliance-based platform, cloud and managed services. The company’s gross margin rose to a…
Olo Inc. to be acquired by Thoma Bravo in $2 billion all-cash deal
NEW YORK: Olo Inc. (NYSE: OLO), a leading open SaaS platform for restaurants, announced Friday it has entered into a definitive agreement to be acquired by software investment firm Thoma Bravo in an all-cash transaction valued at approximately $2.0 billion. Under the terms of the agreement, Olo shareholders will receive $10.25 per share in cash,…
Jayride launches SaaS platform for ground transportation industry
SYDNEY: Jayride Group Limited (ASX: JAY), a global ground transportation technology company, announced the launch of a new B2B Software-as-a-Service (SaaS) platform designed to streamline operations for transport providers. The platform aims to address key industry challenges, including delayed payments, manual processes and fragmented systems. The SaaS offering, branded as “Powered by Jayride,” integrates payment…
Pinewood.AI to acquire Lithia’s stake in North American JV in $76.5 million deal
LONDON: Pinewood.AI, a leading cloud-based software provider for the automotive retail sector, has agreed to acquire Lithia UK Holdings Limited’s 51% stake in Pinewood North America LLC for $76.5 million, the company announced today. The deal, structured through the issuance of 14,560,691 new ordinary shares in Pinewood.AI at 386.5 pence per share, values the joint…
Artinii.Pro unveils SaaS film distribution platform at Cannes
CANNES: Artinii.Pro is making waves at the 78th Festival de Cannes with the launch of the world’s first complete global SaaS solution for secure digital film distribution. The newly redesigned platform, unveiled at the prestigious event, empowers filmmakers and distributors to deliver and monetize public screenings worldwide through a scalable, studio-approved ecosystem. The Cannes Film…
Vista Group reports strong growth and cloud adoption in 2023
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…
Datasite acquires board software provider Sherpany
Datasite, a leading SaaS platform for complex, strategic projects, has announced the acquisition of Sherpany, a Zurich-based board reporting and meeting management software provider. The deal is expected to close in Q1 2024, subject to closing conditions. The acquisition will add advanced functionality to Datasite’s product suite, enabling board collaboration and meeting management. Datasite’s CEO,…
BridgeCare raises $10M to expand its early care and education platform
BridgeCare, the leading data and technology infrastructure platform for early care and education (ECE), announced today a $10 million investment from Avenue Growth Partners, an early growth equity investor in category-leading vertical SaaS companies. The funding will enable BridgeCare to invest in innovation and services to advance its mission of supporting state and local governments…
Cloud Services: 3 Ways They Can Improve Your Business
Cloud services are becoming more and more popular every day. Many businesses are starting to move their operations to the cloud, and for good reason! Many benefits come with using cloud services. In this blog post, we will discuss three ways that cloud services can improve your business. Better Price, Higher Value It can be…