Latest Technology Sector News

Count Limited has successfully raised $35.9 million through an institutional placement to partially fund its acquisition of Oracle Group Ltd, while also launching a $5 million Share Purchase Plan for existing shareholders.

St George Mining has partnered with Spain’s Tecnicas Reunidas to test advanced processing technology on its Araxá rare earths, aiming to unlock European markets alongside existing US and Brazilian alliances.

Matrix Composites & Engineering has received a non-binding, indicative proposal from Advanced Innergy Holdings to acquire all shares at $0.40 each. The offer is conditional and under review by the Matrix board.

Temas Resources Corp has opted to reduce its financial reporting frequency, moving from quarterly to semi-annual reports under a Canadian Securities Exchange pilot program. This change aligns with its status as a venture issuer and reflects its ongoing focus on proprietary processing technology and mineral projects.

Thrive Tribe Technologies has completed a $240,554 capital raise through a discounted share placement, aiming to bolster its working capital. The placement involved issuing over 318 million shares at a 25% discount, with Clee Capital acting as lead manager.

Articore signals a new chapter by acquiring India’s Frankly Wearing to fast-track its technology and market expansion, while affirming its independent growth strategy and welcoming a seasoned director to its board.

Activeport Group’s GPU software partner Radian Arc has been acquired by Submer Technologies, creating a full-stack AI infrastructure powerhouse and unlocking fresh growth opportunities for Activeport.

Bailador Technology Investments is backing DASH Technology Group with an additional $5 million investment at a valuation below its current carrying value, reflecting cautious optimism amid market pressures.

TZ Limited announces the resignation of CEO David Sampaklis, effective 19 March 2026, with the Board initiating a structured search for new leadership while maintaining strategic focus.

Savana Asset Management’s February letter reveals a challenging month marked by a tech sector sell-off amid AI disruption fears, a surge in AI capital expenditure, and a continuing rotation towards value-driven small caps.

DUG Technology has resolved a US$2.1 million legal dispute with a supplier by agreeing to a US$1.5 million settlement, avoiding further court action without admitting liability.

Sims Limited projects a robust FY26 underlying EBIT between $350 million and $400 million, buoyed by strong non-ferrous metal prices and resilient memory chip demand despite geopolitical and market headwinds.