Displaying items by tag: IPOs

CPU specialist Arm is moving ahead with its plan for an IPO after "regulatory challenges" prevented completion of the agreed acquisition of the company from SoftBank by GPU giant Nvidia.

The year 2017 was an exceptionally strong one for Australian companies floating on the Australian Securities Exchange, according to a new report which reveals that IPOs during the year returned an average of 61.6% from listing.

Internet users in many countries, including Australia, are increasingly concerned about their online privacy, and 49% say lack of trust is the main reason for not shopping online, according to a new global survey.

The Australian IPO market is a hive of activity, delivering strong gains in May after a big increase in gains of 39.4% in April, according to a new report from mobile app provider for IPOs, OnMarket BookBuilds (OMB).

Mobile phone data downloads have soared to a record high in Australia, with the growth fuelled by rising app usage.

Infor expects more than half of its new revenue to come from its cloud services during 2016.

Cloud accounting software provider MYOB (ASX:MYO) is heralding a record uptake of its cloud solutions by small businesses and strong growth in recurring revenues in the six months to the end of June, with the release of its first financials after starting life as a public company.

Australian cloud solutions vendor CloudCentral has acquired US software start-up, DEY Storage Systems, claiming to now be the first Australian cloud provider to “own their entire stack from end to end”.

Hadoop technology for Big Data vendor, MapR Technologies, has appointed 20-year financial industry veteran, Dan Alter, as its Chief Financial Officer.

Facebook's goal is to redefine the social media experience by creating an immersive platform that will be the centre of people's digital lives, making it the dominant platform for rich communications, commercial content and advertising. That's the view of one global analyst firm that believes that if the social media giant can achieve its vision then the predictions of an IPO valuation of $100 billion might well be justified.