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Macquarie Group Acquires Vocus: A Strategic Telecommunications Move
Introduction Australian multinational financial services company, Macquarie Group’s infrastructure unit has offered about $2.6 billion (A$3.4 billion) to Vocus Group for its complete acquisition. Previously known as Vocus Communications, Vocus Group informed the Australian Securities Exchange (ASX) that it has courted an indicative proposal from...
Frontline Ventures’ $61 Million Funding for B2B Tech Startups
London-based Frontline Ventures has announced the release of its new £61.3 million ($83.8 million) Frontline Seed Fund III. The fund will be aimed at European B2B technology startups with global ambitions. The newly announced startup seed fund brings the total funds under management of Frontline...
Transport giant Uber buys alcohol delivery startup Drizly for $1.1 billion
Introduction Tech giant Uber has announced that it will be acquiring Drizzly, an alcohol delivery startup, for $1.1 billion in cash and stock. As an outcome of this deal, which isn’t complete yet, Drizly will be integrated into the food delivery app of Uber. However,...
Cisco Live 2021: Dates, Tickets, & Everything You Need to Know
Introduction In 2020, Cisco Live went all digital for the first time in its 30-year run. The digital Cisco Live event was attended by more than 80,000 attendees from around the world and could be attended for free. Unfortunately, Cisco Live 2021 will also be...
Unsurprisingly, Microsoft supports the Australian news media bargaining code
President of Microsoft, Mr Brad Smith said that his company is committed to Australia along with its news publishers and that it completely supports the Australian News Media Bargaining Code. Presently not bound by this directive, Smith said that the code represents a fundamental code...
AWS CEO Andy Jassy steps in to replace Amazon.com CEO Jeff Bezos
In breaking news today from the e-commerce giant Amazon, Amazon Web Services CEO Mr Andy Jassy will be stepping as the CEO of the parent company Amazon.com as Founder Jeff Bezos decides to step down from the role. The announcement about Bezos stepping down in...
Acquisition: Sydney-based FTS Group buys majority stake in Noetic Group
Australia’s IT services firm FTS Group has announced that it will be acquiring a majority stake in Noetic Group, a Canberra-based management consultancy that has expertise in serving the government sector. The deal will give Sydney-based FTS Group access to the personnel and IP of...
VoIP Aircall sets up office in Sydney to support its clientele of 500+businesses
Voice Over Internet Protocol, or VoIP, service provider Aircall announces its launch in Australia by establishing its presence in Sydney. The company says its new hub in Sydney will bring the innovative technology of Aircall much closer to Australian partners and customers at a critical...
The ACCC to launch inquiry into the ad tech service; focus will be on Google
In the latest update about the news media bargaining code, the Australian Competition and Consumer Commission (ACCC) released an interim report on how it plans to regulate the ad tech (advertising technology) sector. The efforts, again, will be focused on the search engine giant Google....
Fortinet hires new Operational Technology Director A/NZ
Cybersecurity solutions provider Fortinet announced the appointment of a new Operational Technology Solutions Director for the Australia and New Zealand region, Mr Andrew Sheedy. As the Director of Operational Technology (OT), Sheedy will be focusing on securing critical infrastructure systems for the ANZ customers. Fortinet...
