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Tech investment: 'Relief that stupidity is over': US VCs flee Aussie tech market - Vimarsana News

Tech investment: 'Relief that stupidity is over': US VCs flee Aussie tech market

After a flurry of big money deal making in 2021 and early 2022, new data shows US venture capitalists have retreated from the Australian market.

Source: afr.com
Fresh faces, fresh deal hopes at Livetiles - Vimarsana News

Fresh faces, fresh deal hopes at Livetiles

Newly minted Livetiles chair Jesse Todd (a former ABN Amro investment banker) appears to be wasting no time responding to the software company’s critics and seeking to unlock value for shareholders. 

Source: afr.com
ReadyTech's turn for a bid; Pacific Equity Partners in diligence - Vimarsana News

ReadyTech's turn for a bid; Pacific Equity Partners in diligence

Australian buyout firm Pacific Equity Partners is working up a $500 million-odd bid for education and workforce software group ReadyTech. 

Source: afr.com
Canaccord Genuity Group Lowers ELMO Software (OTC:ELMFF) to Hold - Vimarsana News

Canaccord Genuity Group Lowers ELMO Software (OTC:ELMFF) to Hold

ELMO Software (OTC:ELMFF – Get Rating) was downgraded by Canaccord Genuity Group from a “buy” rating to a “hold” rating in a report issued on Wednesday, The Fly reports. They currently have a 7.50 target price on the stock. ELMO Software Trading Up 45.0 % OTC ELMFF opened at 2.95 on Wednesday. ELMO Software has […]

K1 Investment Management to buy Elmo Softwwar for nearly $500m - Vimarsana News

K1 Investment Management to buy Elmo Softwwar for nearly $500m

The Californian firm will add Elmo Software to its growing stable of Australian-founded tech businesses.

Source: afr.com