Australian IT firm Appen gets merger bid from US-based Innodata

By
Follow google news

Shares soar before trading halted.

Australian IT firm Appen gets merger bid from US-based Innodata
Australian software firm Appen has received a proposal from US-based digital data solutions firm Innodata for a potential merger in an all-stock deal. Appen said the proposal offers $0.70 worth of Innodata shares per share of the company, which "represents a premium in excess of 100 percent to ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
appensoftware

Sponsored Whitepapers

Agile in the AI Era: why projects still fail
Agile in the AI Era: why projects still fail
When Technology Becomes the Blocker: Unlocking Real Outcomes from AI and Cloud
When Technology Becomes the Blocker: Unlocking Real Outcomes from AI and Cloud
High-volume data sources for AI-driven security analytics
High-volume data sources for AI-driven security analytics
How healthcare organisations can get more value from cloud
How healthcare organisations can get more value from cloud
1 in 3 companies lose SaaS data. Here’s how to prevent it
1 in 3 companies lose SaaS data. Here’s how to prevent it

Events

Most Read Articles

CBA sends over a decade of data to the cloud as AI demand ramps

CBA sends over a decade of data to the cloud as AI demand ramps
Defence says Palantir is "sandboxed" in its environment

Defence says Palantir is "sandboxed" in its environment
Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases
Rio Tinto documents 30-year-old manufacturing system using AI

Rio Tinto documents 30-year-old manufacturing system using AI
techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio

Log In

  |  Forgot your password?