Hi-Tech

Cashed-up Codan makes tactical US acquisition

Australian tech company Codan will pay more than $100 million to buy US-based Domo Tactical Communications from a private equity firm.

Manufacturing

Banana waste technology begins to bear fruit for Aussie company

A publicly-listed company that has spent more than two decades perfecting its system of turning banana plantation waste into wood and paper products says it has proven the profitability of the technology and is preparing for a global expansion.

Technology

Australian company changes name to reflect smartwatch focus switch

A South Australian company that initially made its mark by pioneering school messaging systems has changed its name to help it ramp up a global push into the smartwatch market.

Health & Medical

Nova Eye creates subsidiary to look beyond glaucoma

An Australian-based medical company that sold its name and a major chunk of its business to a French multi-national earlier this year has launched a subsidiary to develop a treatment for age-related macular degeneration.

Technology

Subscription boost helps Aerial mapper fly higher

Aerial mapper Aerometrex has signed major corporates Suncorp and Geoscape Australia to its digital imagery service as its subscription model continues to gain pace.