Latest It Services News

Infomedia Ltd has been officially acquired by McQueen BidCo, with shareholders receiving $1.671 per share following dividend adjustments. The company is now delisted from the ASX, marking a significant transition under new ownership.

Melbana Energy has confirmed that its Executive Chairman, Andrew Purcell, is exempt from re-election under ASX Listing Rule 14.4, following a detailed response to ASX's compliance query.

Vulcan Energy Resources has locked in full financing for its Phase One Lionheart project, marking a pivotal step toward producing carbon-neutral lithium hydroxide in Germany by 2028. The €2.2 billion package combines debt, equity, and government grants, underpinning robust project economics and strategic partnerships.

Vulcan Energy Resources has locked in a €2.2 billion financing package to fully fund Phase One of its Lionheart lithium and renewable energy project in Germany, marking a pivotal move from development to construction. The project aims to supply Europe with low-carbon lithium for electric vehicle batteries alongside renewable power and heat.

Phoslock Environmental Technologies is set to resume production at its Changxing factory after a four-year halt, signaling renewed confidence in market demand and operational stability.

BetMakers Technology Group has secured a favorable three-year content distribution agreement with Penn Entertainment, alongside strong digital customer growth that signals robust momentum for FY26 and beyond.

Bhagwan Marine has locked in a five-year, $75 million contract for its Coral Knight vessel with Jadestone Energy, reinforcing its foothold in Australia's offshore energy sector.

Austin Engineering Limited has announced an on-market buy-back of its ordinary shares, set to run from December 2025 through October 2026, signaling a strategic move in capital management.

Proteomics International Laboratories has clarified that no undisclosed information explains its recent share price jump, pointing instead to recent Medicare reimbursement decisions and key product developments.

Verbrec Limited has completed a transformative acquisition of Alliance Automation, significantly expanding its digital capabilities and service footprint across Australia and New Zealand.

Kelly Partners Group Holdings has completed its latest partnership acquisition in Narrandera, NSW, adding $0.8 million in annual revenue and reinforcing its growth strategy through its Partner-Owner-Driver® model.

Ava Risk Group’s BQT Solutions has inked a five-year supply and co-development agreement with US-based UniKey Technologies, targeting the booming mobile credential access market with new NFC/BLE readers.