UUV Aquabotix will go ahead with a reverse takeover of emerging consumer fintech One Click Life after a successful fund raising effort that resulted in the maximum $5.5 million being accepted after oversubscriptions.
Local IT services provider Empired has won a $9 million contract from the South Australian government, in line with the company's east coast expansion strategy.
Perth-based IT services provider Empired has forecast solid revenue and earnings growth in the current financial year on the back of multi-million contracts.
Empired shares have risen more than 8 per cent today after the IT services provider forecasted an increase in net profit and earnings per share for the current financial year, on the back of a $200 million pipeline of multi-year contracts to contest.
Perth-based IT services provider Empired said it would replace revenue lost this year with recently signed management services contracts, delivering $5 million in recurring annual revenue for the company.
Shares in Empired fell as much as 20.5 per cent today, after the company announced it would not have its contract extended for the provision of ICT services for Main Roads Western Australia.
Catholic Education Western Australia has modified its delivery strategy for the ambitious ICT project it has created in collaboration with Microsoft, with local firm Empired wining work under a new fixed-price contracting model.
IT services provider Empired has flagged modest results for the first half of the financial year due to a drop in public sector revenue in New Zealand.
Local IT firm Empired has grown its revenue for the 2017 financial year on the back of a surge in earnings from its operations on the east coast and in New Zealand.
SPECIAL REPORT: The growing use of technology as a business enabler is creating opportunities for information and communication technology (ICT) firms.
One of the three prime contractors undertaking the state government's GovNext ICT infrastructure project has recruited Perth-based IT services provider Empired as a subcontractor under a $15 million deal.
Perth IT firm Empired has sunk into the red but believes a strong recovery in the second half of the 2016 financial year has put it in a good position for FY17.
Empired shares lost over a third of their value after the IT services provider announced it had been hit with unexpected costs and was facing lower earnings.
Local IT firm Empired has decided against declaring a dividend payout to its shareholders, despite reporting a 135 per cent surge in net profit for the 2015 financial year.
Perth IT company Empired has upgraded its revenue guidance for the financial year by $10 million, on the back of numerous recent contract wins totalling $65 million, and has more than doubled its staff since the start of the financial year.
Local IT business Empired has secured a $10 million conract to provide infrastructure managed services to an unnamed global oil and gas company, under a three-year term.
Perth-based IT firm Empired has won a contract to provide managed services to a Singapore-headquartered oil and gas company, in a deal worth $15 million.
Western Australian information technology and communications companies are continuing to spread their national influence, with Empired the latest to announce an east coast deal.
Perth company Empired has been award a $46 million contract to provide and operate the core IT infrastructure for Main Roads Western Australia's traffic control and corporate business systems.
Information technology group Empired has agreed to acquire Melbourne-based IT consulting service provider OBS for $15 million and has also announced a major contract with an unnamed resources company.
RECENT mergers and acquisitions activity among some of the state's smaller companies may provide a template to enable others chasing growth to go after their targets more effectively.
A MANAGEMENT restructuring at IT services firm ASG Group has created opportunities for competitors Empired and Ajilon, which have bolstered their executive teams with new recruits.
