Latest Software As A Service Saas News

Artrya Limited has landed a significant three-year commercial agreement with Northeast Georgia Health System, marking its second U.S. customer for the AI-powered Salix platform. This deal accelerates Artrya’s footprint in cardiovascular diagnostics across a major U.S. health network.

IMDEX has announced the acquisition of Advanced Logic Technology (ALT) and Mount Sopris Instruments (MSI), broadening its portfolio in downhole sensing and geoscience software with expected earnings accretion in FY26.

Straker Ltd’s H1 FY26 results reveal a strategic shift from legacy translation services to AI-driven specialised language models, anchored by a $28 million partnership with IBM. Despite a 15% revenue decline, the company maintains positive adjusted EBITDA and a strong balance sheet.

OpenLearning has secured a landmark three-year SaaS and referral agreement with Field Ready, a leading African education-to-employment provider, marking a significant expansion into emerging markets with its AI-powered LMS.

Stakk Limited has requested a voluntary suspension of its shares on the ASX as it finalises a significant new customer contract, with trading set to resume upon announcement or by 20 November.

Jumbo Interactive reported a resilient FY25 with $145 million revenue and $69 million EBITDA despite subdued jackpot activity, while outlining a strategic push into SaaS, managed services, and prize draw markets in the UK and US.

Hansen Technologies has agreed to acquire UK-based Digitalk for approximately A$66.4 million, aiming to boost its recurring revenue and global communications footprint. The deal is expected to be immediately accretive to earnings and completed by year-end 2025.

Jayride Group Limited reported a $322K net cash outflow for the September quarter as it shifts from airport transfers to a SaaS mobility platform, raising $200K through convertible notes to support its transformation.

Victor Group Holdings reported $1.475 million revenue from cloud services in China but faced a $523,000 negative cash flow due to upfront project costs, with management expecting a turnaround next quarter.

Linius Technologies has implemented a sweeping operational restructure, cutting expenses by more than 60% compared to FY25, while progressing a pivotal proof of concept with a major European football league and securing over $3.7 million in new funding.

Spectur Limited reported a strategic revenue shift in Q1 FY26, with SaaS recurring revenue growing 5% year-on-year despite an overall 9% quarterly revenue dip. The company also raised $2.3 million to accelerate its solar-powered AI platform development.

Activeport Group Ltd reported steady Q1 FY26 results with key project deliveries and a successful capital raise, positioning the company for accelerated growth across Asia and beyond.