Fourth Industrial Revolution in Australia
Introduction Innovation is a crucial determinant of industrial transformation, and today, its pace in developing new technologies is stirring the business world. This disruptive change is what everyone believes to be the 4th industrial revolution, also commonly known as Industry 4.0. With transformative technologies connecting...
Investment firm NextGen Funds launches AI fund for startups
Australian investment company NextGen Funds Management has announced the launch of the country’s first AI (Artificial Intelligence) fund. The name of the fund is NextGen Artificial Technology Fund. This fund will be for sophisticated investors who wish to invest in a diverse mix of debt-equity...
Spirit Technology Solutions to acquire security specialist Intalock for $15 million
ASX-listed telecom giant Spirit Technology Solutions is all set to acquire a Brisbane-based cyber security specialist Intalock for $15 million. This will be Spirit’s 9th acquisition in the past 18 months. Formerly known as Spirit Telecom, the telco says the acquisitions support the onboarding of...
Channel Head of VMware ANZ departs after 5 years in the role
VMware’s Head of Commercial Business and Channels as well as Senior Director for ANZ region, Kerrie-Anne Turner has decided to leave the software company. A VMware spokesperson confirmed the impending departure of Turner saying that the cloud infrastructure vendor is committed to its partners across...
Aussie Head of Information Warfare steps down after 3 years into the role
Australia’s Head of Cyber Warfare, Major General Marcus Thompson has decided to step down from his role after more than 3 years in the role. Major General Thompson who led the Australian Defense Force’s information warfare division since it was established as a 100-person unit...
Cirrus Networks Secures $10 Million in Federal Deals in 2021
Australia IT services provider Cirrus Networks scores extra $10 million in Federal Government deals and contracts for the year 2021. In first of these deals, Deloitte and Cirrus together won a $1 million cybersecurity contract with the Department of Defense (DoD). Collectively, the companies will...
Software company Nuix lodges its prospectus for $1.8 billion IPO
Macquarie-acquired software company Nuix is all set to launch its initial public offering (IPO) valued at $1.8 billion. In one of the biggest ASX listings of the year, the IPO of Nuix will consist of a primary issue of $100 million new shares and a...
Hipages Group’s Successful IPO: A New Chapter on ASX
A tech company that’s been in the market for more than 17 years is getting listed on the ASX. Hipages Group Holding Limited, an Aussie tradesperson matching site will be floating on the Australian Securities Exchange, effective 12th November 2020. The online services directory will...
Melbourne-based Momenton gets acquired by a multinational IT consulting firm
Multinational technology organization Tech Mahindra has announced expansion in Australia through the acquisition of Momenton, a Melbourne-based IT consulting firm. The company acquired by Indian multinational Tech Mahindra specializes in IT, cloud, product enablement, enterprise agility, engineering and emerging technology consulting as well as implementation. ...
STACK 2020 Virtual Conference: Event Date, Tickets, Prices, and Agenda
Introduction The flagship developers conference by GovTech, Stack 2020 is here for its next run and this time, they’re going virtual. Stack is the largest developers conference organized and led by GovTech Singapore in support of Smart Nation Singapore. It is one of the most...
