Tag: Acquisition

The Wargaming Sydney studio has been fully bought by Riot Games, the video game developer and publisher best known for League of Legends.

Essity recently paid $140 million to acquire Modibodi, an Australian pioneer in leakproof apparel.

The size of the transaction and other financial details were not disclosed.

Afterpay’s BNPL service allows customers to spread the cost of their purchases over interest-free instalments.

Melbourne-based MessageMedia has been acquired by Swedish giant Sinch in another instance of a billion-dollar buyout of an Australia company.

Global CRM leader Salesforce has acquired Slack Technologies, a workplace messaging platform, for $US27.7 billion. The transaction is anticipated to close in the second quarter of Saleforce’s fiscal year 2022, subject to approval by Slack stockholders. This is Saleforce’s largest acquisition in its 21-year history. Prior to Slack, Saleforce’s largest acquisition was data analytics specialist […]

Stone & Chalk, Australia’s largest emerging technology incubator and impact network, today announced that it is to take on Ribit, a digital student job and internship matching platform that was set up by CSIRO’s Data61, the digital specialist arm of Australia’s national science agency. Ribit was launched by CSIRO in 2016 with funding support from […]

Dennis Tomaras, a partner in law firm Cornwalls, believes that Covid-19 is inspiring a wave of merger and acquisition (M&A) activity in Australia. He believes that current M&A activity is most common with privately owned SME’s – across all sectors – and especially in technology, agricultural, services and manufacturing. “It’s probably 50 / 50 between […]

Tops tips for customer acquisition.

There’s no doubting that the world of business is changing. The traditional model of large international corporates functioning in a singular, closed-door fashion is fast disappearing, with companies now open to collaboration or outsourcing. While previously big corporates, protected by expensive barriers of entry, were responsible for all “business problems” in-house, technology has now made […]