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

Most Read Articles

AWS outage caused by "unlikely interaction" between automated systems

AWS outage caused by "unlikely interaction" between automated systems

Amazon launches AI infrastructure project

Amazon launches AI infrastructure project

ASX-listed Symal digs deeper into AI and DevOps with Microsoft Azure

ASX-listed Symal digs deeper into AI and DevOps with Microsoft Azure

Microsoft had three staff at Australian data centre campus when Azure went out

Microsoft had three staff at Australian data centre campus when Azure went out

Log In

  |  Forgot your password?