SaaS vendor ReadyTech acquires Open Office for $72 million
ReadyTech, a Software-as-a-service vendor based in New South Wales has announced its plan to buy Open Office, a Melbourne-based government software expert. As a part of this deal, the ASX-listed ReadyTech will pay $54 million upfront to Open Office and an earn-out of $18 million...
Edge Computing vs Cloud Computing: Meaning, Types, Examples & Differences
Edge computing vs cloud computing – An increasing number of organizations are debating these options. Most people are familiar with the cloud but edge computing is a relatively new concept. The question is, is there a need for a technology like edge computing when cloud...
Telecom company United Networks changes its name to ‘Hubify’
Australian telecommunications giant United Networks has been renamed to Hubify Ltd, after a shareholder vote that was held last week. The company that traded on the ASX under the ticker code UNL will now trade under HFY, effective Monday, 9th November 2020. United Networks says...
Empired and Western Power sign IT supply deal
Empired, a managed services provider has secured a master IT supply contract with Western Power, an electricity network builder. The contract has been signed for a duration of three years. It involves a provision to develop, enhance and integrate core business systems across a broad...
“Government’s 5G Vision: Two Spectrum Auctions Set for 2021”
In the latest tech news, the federal government of Australia has plans to conduct two 5G spectrum auctions next year. The auction will be held for both upper and lower bands. The announcement was made by the Australian Communications and Media Authority (ACMA) ACMA Announces...
Technology solutions provider Diamond IT hires Luke Russel as new GM Sydney
New South Wales-based technology solutions provider Diamond IT has announced the appointment of its new General Manager for the Sydney region, Luke Russel. Russel brings years of operational, strategic and commercial experience and expertise with him to the Sydney Office. Robert Buck, Managing Director of...
RBA’s Aussie Blockchain Initiative: Transforming Digital Currency
The National Australia Bank and the Commonwealth Bank of Australia will join forces to work with the Reserve Bank to develop a proof-of-concept. This will be used to issue central bank digital currency in the form of tokens. Reserve Bank of Australia calls in big...
Eftpos signs deal to purchase digital payments app Beem It
E-payment device maker Eftpos has announced that it has purchased Aussie payments company Beem It from the Commonwealth Bank of Australia, WestPac and the National Australia Bank (NAB). The purchase of the payments app has been executed at an undisclosed amount. The decision to buy...
Optus acquires Amaysim for $250 million; launches its own MVNO: Gomo
In a big move, Australian telecom company Optus has acquired Aussie mobile virtual network operators. Amaysim for a consideration of $250 million. Optus also acquired 3 other MVNO brands – Jeenee, OVO and Vaya. These 3 MVNOs had been acquired by Amaysim in the past...
Tech Data Australia launches IaaS cloud platform via Macquarie
Multinational IT products and services distribution firm Tech Data Australia has launched its new wholesale IaaS (Infrastructure as a Service) cloud-based platform which will be hosted by Macquarie Cloud Services. The new wholesale service offering includes data backup, disaster recovery, data centre expansion as well...
