Recently-listed IT company Cirrus Networks has bought Amcom L7 Solutions for a knock-down price of $500,000, four years after current Cirrus directors Andrew Milner and Matthew Sullivan sold the business for $15 million.
Decmil Group has continued to diversify its business from the struggling resources sector by acquiring Osborne Park-based telecommunications solutions provider SC Services.
A local geologist and company director is launching a website for trading excess mining equipment, joining similar operations aiming to establish a secondary market for the industry.
Telstra chief executive Andy Penn says the days where companies do all of their innovation, research and development internally are over, while new creative and more nimble startups are proving that the scale of a business is no longer a competitive advantage.
Shares in Perth-based Odin Energy have skyrocketed on news it plans to exit the resources industry by acquiring a tech company and re-list through the backdoor.
A hotel and a laboratory in Perth have been recognised as two of the best places to work in Australia, while two Western Australian workers have also been honoured for excelling during their training.
Smart-ticketing company Vix Technology has strengthened its push into the resources sector by acquiring specialist Australian software company Osmotion for an undisclosed sum.
The state government has opened expressions of interest to amalgamate the state’s data storage needs in the hope it will drastically reduce capital costs, Finance Minister Bill Marmion will announce today.
Perth tech companies Norwood Systems and rent.com.au have completed capital raisings worth a combined $9.3 million, with Norwood planning to raise a further $1.5 million to fund further marketing of its products.
Norwood Systems and ResApp Health are small tech companies with global potential and, judging by their share price gains this month, investors have latched on to the latter.
Seven West Media chief executive Tim Worner says the TV network is "facing and embracing" the challenge of digital and has sought to position the broadcaster's scale as an edge in reaching new online audiences.
The Australian Petroleum Production & Exploration Association has seized on findings in the recently released International Energy Agency’s world energy outlook that natural gas consumption will increase by almost 50 per cent by 2040.
A joint venture between Nextgen Group and Vocus Communications is considering plans to construct a submarine telecommunications cable between Perth and Singapore.
TPG Telecom is raising $300 million through a placement of shares to local and overseas institutions to repay debt accrued during its acquisition of Perth-based rival iiNet.
Shares in recently listed companies Norwood Systems and ResApp Health have surged in recent weeks as investors warm to the wave of tech companies completing reverse takeovers.
Get a few dozen programmers and health practitioners together for a three-day weekend starting Friday, throw some problems at them, then tell them to come up with solutions by Sunday afternoon.
