Blockchain Australia Solutions partners with Matic Network
Melbourne-based blockchain company Blockchain Australia Solutions has announced a strategic partnership with Matic Network. Blockchain is a groundbreaking piece of technology that has several applications across various industries. It is like a digital ledger that stores every transaction performed by users. However, despite its great...
Online platform operator AuMake raises $7 million
Online platform operator Aumake announces that it has successfully completed a capital raising of $7 million. Aumake uses its online platform for connecting Asian influencers with authentic and high quality brands in Australian and New Zealand. Aumake says the funds will be allocated to accelerating...
Data analytics company HSC Technology Group to raise $3 million
Sydney-based SaaS data analytics platform provider HSC Technology Group has undertaken a placement to raise $3 million to boost its balance sheet. Over 176.4 million shares will be issued to sophisticated and institutional investors at a share price of 1.7 cents. The company didn’t disclose...
Deloitte Australia names Head of Consulting & appoints 16 partners
Big four consulting firm Deloitte has appointed Ellen Derrick as the Head of Consulting in Australia. Derrick is currently the consulting firm’s National Leader for Public Sector & Public Policy. Derrick will be replacing Kaylene O’Brien who has been in this role for about 2...
The ACMA names 5G mmWave license applicants of Australia
Telecommunication players Field Solutions Group, Telstra, Starlink, Optus and Opticomm are amongst the list of 15 applicants that’ve been offered a mmWave license by the Australian Communications and Media Authority (ACMA). The other 15 telecom companies that have been offered a license in the 26...
Aussie telco Vonex acquires fellow telecom company Nextel for $1.15 million
Australian telecommunications company Vonex has announced that it will be acquiring Nextel for $1.5 million. The acquisition will give Vonex access to Nextel’s telephony and infrastructure cabling business. The ASX-listed company will be paying an initial amount of $315,000 in cash. The acquisition of NBN...
Uniti Group Acquires Telstra Velocity Assets for $140 Million
Australian telecommunications provider Unity Group has announced the acquisition of Telstra Velocity, a Fibre-to-the-Premise (FTTP) network owned by Aussie telecom giant Telstra. The sum paid by Uniti Group for the same is $140 million. The $140 million deal includes an upfront payment of $85 million...
Comodo Cybersecurity hires new boss for the ANZ region
Digital certifications and antivirus vendor Comodo Cybersecurity appoints channel veteran Greg Wyman as its Vice President for the ANZ region. The move comes after the company decides to take up a ‘channel approach’ and won’t be selling directly in the region. The company will be...
McKinsey Appoints 8 New Partners in Australia & New Zealand
Global leading consultancy giant McKinsey & Company has appointed 8 new partners in the ANZ Region. McKinsey & Company is an American (and a global) consulting firm which was founded in the year 1926 by Professor James O. McKinsey of University of Chicago. The company...
Immediation gets a $3.75 million cash injection in Series A funding
Online dispute resolution platform Immediation has successfully raised a whopping capital of $3.75 million via a Series A funding round after the pandemic led to a technology overhaul of the legal system along with 1000% growth. The Series A funding round contributors were Alex Waislitz...
