Latest Technology Sector News

Nexion Group has finalized the sale of its Nexion Networks and Blue Sky Telecom subsidiaries, pivoting its focus towards AI-driven business intelligence through Fuse Forward.

Orcoda Limited announces a pivotal leadership transition with Patrick Bodegraven stepping in as Managing Director, while long-serving Geoff Jamieson shifts to a part-time CFO role to support continuity.

Infomedia Limited has secured Foreign Investment Review Board approval for its proposed acquisition by TPG Capital-backed McQueen BidCo, marking a key regulatory milestone. The Infomedia Board continues to recommend shareholder support ahead of upcoming votes.

Integrated Research has reported a softer first half of FY26 with an anticipated EBITDA loss driven by increased credit losses and investments in new products, despite multiple product launches.

Smart Parking Limited has delivered record FY25 results, driven by strong organic growth and strategic acquisitions including its entry into the US market with Peak Parking. The company is targeting 3,000 ANPR sites globally by 2028, leveraging proprietary AI technology and a capital-light model.

Suzerain Investment Holdings Ltd has initiated an off-market takeover offer for all remaining shares in Entertainment Rewards Ltd at a significant premium, aiming to consolidate full ownership and potentially delist the company from the ASX.

Volt Group Limited is set to acquire Perth-based 4D Delta Pty Ltd for $7.25 million, adding a profitable digital asset inspection business to its portfolio. The acquisition is supported by a $4 million capital raise and aims to accelerate Volt’s growth in technology-enabled resource services.

DroneShield Limited has clarified the recent sharp decline in its share price, attributing the market movement to disclosed director share disposals rather than any undisclosed material information.

Xero Limited reported a robust first half of FY26 with 20% revenue growth and strong cash generation, driven by sustained momentum across its core markets and the strategic Melio acquisition expanding its US footprint.

Catapult Sports has successfully closed its Share Purchase Plan, raising A$13.3 million as part of a broader A$143.3 million equity raising to support strategic expansion and acquisitions.

Linius Technologies has named Anthony Baker as its new CEO and Brent Jones as permanent Chair, marking a strategic leadership shift aimed at driving growth and operational efficiency.

Activeport Group Ltd is set to issue bonus options to shareholders in Australia, New Zealand, and Singapore, offering a non-cash reward without impacting its cash reserves.