ISLAMABAD – Pakistan’s technology exports surged to an all-time high of $386 million in October, officials said on Monday, driven by regulatory reforms and growing global clientele, putting the sector on track to become a major source of foreign exchange. The October data, released by the central bank, marks a 17% increase from the same month…
BIELEFELD – HgCapital Trust plc (HgT), today announces an investment of approximately £19 million in Diamant Software GmbH. HgT invests alongside other institutional clients of Hg, which is investing from its Hg Genesis Fund. These figures only relate to HgT’s share of Hg’s overall investment in Diamant Software. HgT, whose shares are listed on the…
LONDON: British software firm Idox plc said on Tuesday it had agreed to a recommended cash acquisition by Frankel UK Bidco Limited, a vehicle indirectly owned by U.S. investment manager Long Path, valuing the company at approximately £339.5 million ($[Insert approximate USD equivalent]). Under the terms of the deal, Idox shareholders will receive 71.5 pence in…
WINDSOR: SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of investment, financial, and healthcare software and software-enabled services, announced robust financial results for the third quarter ended September 30, 2025, highlighting significant revenue growth and a sharp increase in operating cash flow. The company reported a 7.0 percent growth in both GAAP and Adjusted…
gWorks, a leading software provider for local governments and public agencies, has announced the acquisition of Freedom Systems, a Pennsylvania-based software firm with a longstanding reputation in the industry. Effective March 27, 2024, the acquisition is a key component of gWorks’ growth strategy, marking its seventh acquisition in a decade and the fourth in the…
Power Factors, the leading software solutions provider for the renewable energy sector, has announced the appointment of Julieann Esper Rainville as its new Chief Executive Officer. She will succeed Gary Meyers, who will become the Executive Chairman of the Board of Directors, according to a news release. Esper Rainville has over 27 years of software…
AUCKLAND: Gentrack, a leading provider of software solutions for utilities and airports, announced its financial results for the year 2023, showing impressive growth in revenue, EBITDA, cash, and net profit. The company also highlighted its strategic achievements, such as launching its new g2.0 platform, winning new customers in the Middle East, Southeast Asia, and Europe,…
LONDON, UK: Marlowe plc, the UK leader in business-critical services and software which assure regulatory compliance, has agreed to sell some of its Governance, Risk & Compliance (GRC) software and services assets to Inflexion Private Equity for £430 million. The deal includes the following business lines: WorkNest, Vinciworks, William Martin, Elogbooks, Barbour, IMSM & Corestream….
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…
Axway, a global software company, announced today that it has entered into exclusive discussions to acquire most of the activities of Sopra Banking Software (SBS), a subsidiary of Sopra Steria Group and a provider of banking and financial software. The deal, valued at €330m, would create a new enterprise software house with critical scale, able…
SYDNEY, AUSTRALIA: Hansen Technologies Limited (ASX: HSN) has announced that it has acquired 100% of the security interests of powercloud GmbH for an equity value of EUR 30m (~AUD $49m). powercloud GmbH is a leading provider of billing and customer management software products for utility companies and regional municipalities in Germany. According to a company…
BRISBANE: Radformation, a leader in radiation oncology software, and Icon Group, a global provider of cancer care, have announced a strategic partnership to improve treatment planning and quality assurance workflows. The collaboration will leverage the expertise of both innovators to deliver groundbreaking solutions that simplify and enhance the delivery of personalised cancer treatment. Radformation’s software,…