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

By

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

Sponsored Whitepapers

Redefining Vulnerability Management
Redefining Vulnerability Management
How JLL gained visibility into nearly 100K endpoints with Tanium
How JLL gained visibility into nearly 100K endpoints with Tanium
Why a holistic approach to managing risk is key to solving complex IT problems
Why a holistic approach to managing risk is key to solving complex IT problems
High Availability: The Foundation of Digital Transformation
High Availability: The Foundation of Digital Transformation
Nine Ways To Prepare Your Database for a High-Traffic Event
Nine Ways To Prepare Your Database for a High-Traffic Event

Most Read Articles

BoM's seven-year technology transformation cost $866m

BoM's seven-year technology transformation cost $866m
Suncorp builds generative AI engine 'SunGPT'

Suncorp builds generative AI engine 'SunGPT'
NAB drives automation deeper into its IT operations

NAB drives automation deeper into its IT operations
Australian Public Service Commission insources employee database uplift

Australian Public Service Commission insources employee database uplift

Digital Nation

State of Security 2023
State of Security 2023
Health tech startup Kismet raises $4m in pre-seed funding
Health tech startup Kismet raises $4m in pre-seed funding
More than half of loyalty members concerned about their data
More than half of loyalty members concerned about their data
How eBay uses interaction analytics to improve CX
How eBay uses interaction analytics to improve CX
COVER STORY: What AI regulation might look like in Australia
COVER STORY: What AI regulation might look like in Australia

Log In

  |  Forgot your password?