SYDNEY: Motio Limited (ASX: MXO) announced on February 20, 2025, that it has entered into a binding agreement to sell its Spawtz software business for $1.35 million in cash. The sale allows Motio to maintain long-term, fee-free access to key media-related services while focusing on its core media business and reducing debt. The buyer is…
Capita plc has agreed to sell its standalone software business via the sale of Capita One Limited by Capita Business Services Ltd to Orchard Information Systems Limited, a wholly-owned subsidiary of the MRI Software LLC
AUCKLAND: Trade Window Holdings Ltd confirms it is listing on the NZX Main Board on Monday. The New Zealand founded business is an early-stage software company that provides digital solutions for exporters, importers, freight forwarders and customs brokers to drive productivity, increase connectivity, and enhance visibility. Its software solutions integrate to form a cohesive digital…
LONDON, UK: ldox plc has acquired Aligned Assets Holdco Limited, a UK based public sector software business, a news release said. Initial cash consideration is £7.5m, increasing to a total maximum of £10.5m, comprising earn-out amounts of up to £1.5m payable in cash and £1.5m payable in equity over two years. The size of earn-out…
OSLO, NORWAY: TietoEVRY has reached an agreement with Aucerna to sell its Oil & Gas software business, a news release said. This divestment is part of the company’s strategy to seek focus and scale. Through this transaction, the Oil & Gas software business will have greater global market reach and growth opportunities. The agreement was…
AUCKLAND, NZ: IKE has signed an agreement to acquire certain assets of Visual Globe LLC, a US-based Artificial Intelligence (AI) and low code/no code software company that specializes in the automated analysis of power poles. This strategic acquisition complements IKE’s existing offering and aligns with the Company’s vision to become the standard for collecting, analysing…
TYSONS: DXC Technology announced a definitive agreement to sell DXC’s healthcare software provider business to privately held Dedalus Group for $525 million in cash. The agreement brings together DXC’s software business for healthcare providers with Dedalus, a leading European healthcare and diagnostic software company, to create an even stronger global force in the clinical IT…
LONDON: Ideagen PLC, a leading supplier of Information Management software to highly regulated industries, has announced the acquisition of the entire issued share capital of Workrite Ltd for a net cash consideration of up to £6.8 million. The consideration will be funded from the Group’s cash reserves and existing debt facility. Highlights Workrite is a…
LONDON: Pennant International Group has exchanged contracts to acquire the entire issued share capital of Australian software business, Absolute Data Group (ADG). The maximum consideration for the acquisition is AUD 6.5 million (£3.44 million), subject to adjustment on completion for cash, working capital and debt. 50% of the price is payable upfront with AUD 0.325…