Latest It Services News

Universal Biosensors reports a 6% sales increase in Q1 2025, driven by strong growth in wine and veterinary biosensors, while preparing to launch its innovative water testing product later this year.

Ridley Corporation is set to acquire Dyno Nobel’s fertiliser distribution arm for A$300 million, marking a strategic expansion into fertiliser services backed by a $125 million equity raise. The deal is expected to significantly enhance Ridley’s earnings and market footprint by FY26.

Ridley Corporation announces a $300 million acquisition of Incitec Pivot Fertilisers Distribution, aiming to boost earnings and diversify its agricultural services portfolio. The deal includes a $125 million equity raise and strategic supply agreements.

Ridley Corporation has agreed to acquire Dyno Nobel’s fertiliser distribution arm for A$300 million, backed by a $125 million equity raise. This move positions Ridley as a leading diversified agricultural services provider with a new growth pillar.

Orthocell has secured regulatory approval to sell its nerve repair product Remplir™ in Hong Kong well ahead of schedule, expanding its footprint across key global markets. This milestone complements recent clearances in the US, Canada, and Asia, positioning the company for significant growth in a multi-billion-dollar market.

Dalaroo Metals has appointed industry veteran Chris Connell as CEO, aiming to leverage his extensive exploration and capital markets expertise to advance its asset portfolio and growth strategy.

PEXA Group’s third-quarter results align with expectations, driven by Australian growth and UK market headwinds. The company reaffirms its FY25 guidance while navigating ongoing business assessments and regulatory milestones.

IDP Education Limited announces the appointment of Tracey Horton AO as Chair, succeeding Peter Polson after an 18-year tenure. This leadership change marks a key milestone in the company’s ongoing board renewal.

Euro Manganese has appointed Martina Blahova as its permanent CEO, cementing leadership continuity as the company advances its strategic Chvaletice Manganese Project in Europe.

Vection Technologies has secured a strategic partnership with Area 12 Consulting, guaranteeing $0.5 million in annual recurring revenue for its Algho AI platform. This deal marks a significant step in expanding Vection's footprint in the generative AI and digital transformation space.

Asra Minerals has kicked off a targeted 1,300-metre drilling program at its Leonora South Gold Project, aiming to extend high-grade gold mineralisation at the Orion and Sapphire deposits. The company also strengthens its leadership with a new CFO appointment.

ResMed Inc has updated the foreign exchange rate for its upcoming dividend payable to ASX-listed CDI holders, impacting the Australian dollar equivalent of the payout.