PARC Capital Fund Services Pty Ltd has announced a $21 million investment in NEXION Group, a fast-growing hybrid cloud service provider based in Australia.
Western Australia-based IT services firm NEXION Group has begun the process of raising $8 million in an IPO, offering shares at 20 cents to Australian institutional, sophisticated and retail investors , valuing the company at a $22.3-million market capitalisation.
Western Australia-based IT services firm NEXION Group has signed a deal with California-based Aryaka which it says will help establish Perth as a pivotal global SD-WAN city and get it ready for widespread adoption of secure cloud solutions nationally.