Latest It Services News

JPMorgan Asset Management has released estimated tax attribution components for its Climate Change Solutions Active ETF for the fiscal year ending June 2025, confirming its status as a Managed Investment Trust.

Vection Technologies has landed a $4 million contract with Italy’s Omniacom Group to deploy its AI-integrated extended reality solutions across multiple sectors, marking a milestone in its European expansion.

AML3D has received a pivotal Letter of Intent from the US Navy, outlining plans for additive manufacturing collaboration and significant demand growth through 2030.

Swoop Holdings confirms its support for Vonex Limited’s acquisition by Maxo Telecommunications, planning a full exit that frees capital for new growth opportunities.

MaxoTel, already Vonex’s largest shareholder, has agreed to acquire the remaining shares of Vonex at a significant premium, setting the stage for full ownership pending shareholder and court approvals.

Australian Pacific Coal Limited has voluntarily suspended trading following the appointment of administrators and receivers at its Dartbrook Mine operator entities, signaling significant financial distress within the joint venture.

Po Valley Energy appoints its largest shareholder Kevin Bailey AM as Executive Chair and CEO, aiming to accelerate natural gas production growth in Italy amid strong financial footing.

Wrkr Ltd has extended its partnership with MUFG Retirement Solutions to deliver an advanced digital platform for AustralianSuper, aiming to streamline employer services and align with upcoming superannuation reforms.

KALiNA Power has secured a significant 180 MW allocation under Alberta's stringent power limit process and is actively monetizing assets to fund its AI data centre power projects.

Cleanaway Waste Management has secured regulatory approval to acquire Contract Resources, positioning itself as a leader in specialised industrial waste services. The deal, set to complete by the end of July, aims to accelerate growth in the decommissioning and remediation market.

Aumake Limited unveils a major FY26 restructuring, splitting operations into two focused units and targeting acquisitions in health supplements to boost profitability and market reach.

The ACCC has approved Cleanaway’s acquisition of Contract Resources, finding no significant threat to competition in Australia’s industrial and waste management sectors. The decision highlights the resilience of competition, especially in the oil and gas services market.