Australia's ELMO Software agrees to near-$500m takeover from US firm

By
Follow google news

Subject to FIRB approval.

Australia's ELMO Software agrees to near-$500m takeover from US firm
Australia's ELMO Software said on Wednesday it has agreed to a near-A$500 million (US$319 million) takeover from Los Angeles-based K1 Investment Management. The US group offered A$4.85 per share in cash for the cloud-based human resources software business that operates in Australia, New ...

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

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Coles sets up standard data streaming platform groupwide

Coles sets up standard data streaming platform groupwide

RACV sets data foundations to underpin AI in customer channels

RACV sets data foundations to underpin AI in customer channels

BoM never planned to end reliance on 'legacy' site

BoM never planned to end reliance on 'legacy' site

NAB hits milestone with tech role insourcing

NAB hits milestone with tech role insourcing

Log In

  |  Forgot your password?