Latest Cloud Services News

FirstWave Cloud Technology reported a mixed Q3 FY25 with declining cash reserves and ARR but secured a strategic AWS-funded partnership to accelerate cloud service adoption.

Atomos Limited reported a $2.3 million operating cash outflow in Q3 FY25 amid seasonal softness and tariff challenges, while announcing a leadership change and a bold expansion into new product categories beyond its core monitor-recorder business.

AUCyber Limited has announced a significant reshuffle of its leadership team, appointing Chris Wright as CEO and welcoming three new non-executive directors, signaling a strategic pivot for the cyber security firm.

AUCyber Limited reported a substantial $19.5 million net loss for the half-year ended December 2024, driven by a $14.7 million impairment following underperformance post-merger. The company has since received and recommended a takeover bid from 5G Networks Limited.

AUCyber Limited confirms control has passed to 5GN following a substantial holding disclosure, with the Board unanimously recommending shareholders accept 5GN's last and final offer closing on 17 February 2025.

AUCyber has received a new acquisition proposal from Interactive Pty Ltd but maintains its recommendation for shareholders to accept 5GN’s revised and unconditional offer.

AUCyber Limited has received a conditional takeover proposal from Interactive Pty Ltd at $0.165 per share, prompting a careful board review against a competing offer from 5GN.

AUCyber Limited has recommended shareholders accept an increased cash takeover offer from 5G Networks Limited, raising the bid by 22.7% to 13.5 cents per share amid ongoing financial uncertainties.

Dropsuite Limited has entered a binding Scheme Implementation Deed with NinjaOne for a $420 million all-cash acquisition at $5.90 per share, representing a significant premium to recent trading prices. The deal, supported unanimously by Dropsuite’s board and largest shareholder, awaits shareholder and regulatory approvals.

AUCyber Limited reveals a challenging half-year with a $1.6 million EBITDA loss on $12.2 million revenue, alongside operational setbacks and a rejected takeover bid from 5GN Networks.