Latest It Services News

NRW Holdings has agreed to acquire Fredon Industries for up to $200 million, significantly broadening its electrical, mechanical, infrastructure, and technology services. The deal is expected to boost NRW’s earnings and open new growth avenues tied to energy transition and digital innovation.

archTIS Limited has opened the retail component of a $17 million entitlement offer to support its acquisition of Spirion LLC’s assets, aiming to expand its US footprint and enhance its cybersecurity product suite.

PolyNovo Limited stands to benefit from proposed U.S. Medicare changes that introduce a flat reimbursement rate for outpatient wound care skin substitutes, potentially reshaping the competitive landscape in favour of cost-effective, clinically proven products.

IMEXHS Limited reported steady revenue growth and a strategic push to scale its SaaS medical imaging platform, while navigating margin challenges and regulatory risks in Colombia.

Scalare Partners has successfully closed a $3.09 million capital raise, combining a $3 million placement and a Share Purchase Plan, to fund its acquisition of Tank Stream Labs and expand its technology portfolio.

Robotics innovator FBR Limited has closed its Share Purchase Plan, securing approximately $700,000 in applications and preparing to issue new shares by early September.

DUG Technology has secured a multi-year contract with PETRONAS Digital to provide advanced cloud computing and geoscientific software services, marking a significant step in its global energy sector expansion.

Washington H. Soul Pattinson and Brickworks Limited have scheduled key shareholder meetings and court hearings to advance their proposed merger, aiming to create a newly capitalised ASX-listed entity.

Biome Australia has partnered with Green Cross Health to launch its Activated Probiotics across New Zealand’s largest pharmacy network, marking a pivotal step in its international growth strategy.

Far East Gold has identified 14 new high-priority exploration targets at its Idenburg Project in Indonesia, doubling the total to 29 and significantly expanding its discovery scope in a prolific mining region.

West Coast Silver Limited has launched an intensified exploration campaign at its Elizabeth Hill Silver Project following impressive initial drilling results, aiming to expand and quantify near-surface and deeper silver mineralisation.

Norwood Systems has extended its loan repayment deadline to early September 2025, maintaining favorable terms with Balmain Resources. This ongoing financial support has been pivotal in securing key contracts and driving growth.