Latest Digital Transformation News

Entertainment Rewards’ majority shareholder Suzerain Investments has announced a $0.022 per share cash takeover offer, valuing the company at nearly $29 million and offering shareholders a substantial premium.

Bank of Queensland reported a robust FY25 with 12% growth in cash earnings and significant progress in its digital banking and branch conversion initiatives. The bank’s focus on productivity and specialist business lending underpins its optimistic outlook despite ongoing economic uncertainties.

Bank of Queensland reports a 12% rise in cash earnings for FY25 despite a 53% drop in statutory profit due to one-off impairments and restructuring. The bank’s strategic pivot towards commercial lending and digital transformation underpins improved operational performance and shareholder returns.

Aussie Broadband reported robust FY25 results with nearly $1.2 billion revenue and signed a transformative six-year wholesale agreement, setting the stage for ambitious growth through FY28.

Harvest Technology Group has resolved a longstanding dispute over the Vos Shine vessel, receiving A$725,000 in settlement proceeds that will positively impact its financials.

OpenLearning Limited has secured its first SaaS agreement with the University of the Philippines Manila, marking a strategic entry into the country’s vast public higher education sector.

ARN Media announces a significant leadership change as CEO Ciaran Davis steps down after 16 years, with COO Michael Stephenson set to take the helm in January 2026.

Webjet Group has completed its acquisition of Locomote Holdings for $23 million, aiming to fast-track its digital business travel platform and reduce development risks. The move aligns with Webjet’s FY30 Strategic Plan to expand its footprint in corporate travel.

JAYRIDE Group has inked a pivotal SaaS agreement with Thailand’s Drivemate, marking a strategic shift from airport transfers to a full-scale digital mobility platform. The partnership launches with a 2,000-vehicle pilot in Bangkok and aims for nationwide expansion within a year.

Vection Technologies has agreed to acquire Australian digital transformation firm DXLabs, adding immediate revenue and expanding its footprint across APAC with promising cross-sell opportunities.

Vection Technologies reports a 60% revenue surge in 1H25, secures a $21 million equity raise, and strengthens its position in defence AI and spatial computing with a robust $75 million sales pipeline.

Vection Technologies has secured $21 million through an upsized placement driven by strong defence sector momentum and announced a binding offer to acquire digital transformation firm DXLabs, bolstering its revenue and growth prospects.