Australia's largest telecommunications company Telstra Ltd said on Tuesday it had paid $270 million to buy out Silicon Valley-based video platform company Ooyala as part of a deeper push into digital media.
Moneysoft reportedly secures an additional AU$500,000 in a new round of funding, bringing its total funding to AU$1.5 million. The application offers a free budget planner and money management software that allows its users to categorize and track...
Toilet paper and tampon maker Asaleo Care Ltd will raise A$656 million ($616.6 million) in Australia's second-largest initial public offering (IPO) of the year after pricing its offer near the middle of an indicative range, two people familiar with the matter said on Tuesday.
Alison Hardacre, co-founder and managing director of HealthKit, a Melbourne-based startup and owner of both the HealthKit Twitter handle and the healthkit.com website expressed disappointment over Twitter on Apple's use of its company name in its new product.
Perth, Australia-based publicly listed firm Liquefied Natural Gas (LNG) Ltd secured $49.5 million in a placement of 90 million shares to its Australian and new US investors at $0.55 apiece for development of its Magnolia LNG facility.
Mining tycoon Andrew Forrest acquired Perth, Western Australia-based beef processor and exporter Harvey Beef for an undisclosed amount through his company Minderoo, and announced expansion plans for the newly-acquired firm.
Washington, US-based software giant Microsoft acquired Wellington, New Zealand-based cloud computing firm GreenButton for an undisclosed amount to incorporate it into the Azure public cloud platform to give companies remote access to software.
Elance-oDesk has launched in Australia after seeing the country with much potential for industry growth basing on its recorded adjustment per capita of 235 percent increase in online hiring.
Melbourne, Australia-based payments startup Aston Club took home $1.5 million in its seed funding round led by Chris Morris of Computershare to launch a mobile app that helps users pay their bar and restaurant bills.
New Zealand-based customer relationship management (CRM) software startup MyWave bagged NZ$2.5 million in an oversubscribed first funding round to develop its product and customer base before its 2015 listing on the New Zealand Stock Exchange.
Melbourne, Australia-based animal therapeutics developer Nexvet Biopharma scored $31.5 million in a funding round from investors and shareholders to expand its product portfolio and clinical program for pets' health.
Canberra, Australia-based cloud computing services provider CloudCentral bought the intellectual property of San Mateo, US-based software firm DEY Storage Systems for an undisclosed amount in lieu of paying for third-party storage services.
Sydney, Australia-based outsourcing and service marketplace Freelancer will add US-based internet marketing forum Warrior Forum in a deal valued at $3.2 million in cash to provide an Internet business platform for its users.
Wellington, New Zealand-based tech startup Loomio launched a $100,000 crowdfunding campaign on its own website to develop a mobile version of its open-source collaborative decision making tool.
On Friday, investment bank Investec said that Bank of Queensland would acquire its Australian unit in a deal valued USD414 million, reported WSJ.
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