Summary of Mergers & Acquisitions in the Australian TMT sectors

This table supports the seminars and articles on the buoyancy of the Australian technology sectors authored by Nick Abrahams

Note: information contained in this report has been sourced from publicly available material.

Please contact us if you have any questions, particularly if a transaction has been inaccurately represented or you wish for a transaction to be removed from this report.

 

Internet

YearTargetBuyerSectorValueDetails
2012PinionMicrosoft's Bing FundInternetN/AAustralian gaming start-up Pinion has been selected as one of the first companies to participate in Microsoft’s new Bing Fund (an angel investment incubator led by VoodooPC founder Rahul Sood).
2012Delivery Hero HoldingKite VenturesInternetAU$50MThe parent company of Delivery Hero Australia has raised $50 million in an investment round led by Kite Ventures, less than a year after the global food delivery service launched locally
2012StartHereAura CapitalInternetN/AAn online business which offers cashback deals on consumer electronics and household products founded by internet entrepreneur Adir Shiffman has just taken a stake from private equity group Aura Capital.
2012The IconicJP Morgan Asset ManagementInternetAU$19.2MSydney-based online fashion retailer The Iconic has landed almost $20 million in funding from JP Morgan Asset Management.
2012GrabOneAPN News & MediaInternetN/AGrabOne (a NZ-based group buying website) was initially an Australian based joint venture between APN News & Media and Shane Bradley.  APN has bought out Bradley's stake in GrabOne.
2012MyTeamDealsAPN News & MediaInternetN/AAPN Media has moved on another digital asset, picking up 50% of group buying site MyTeamDeals, a group buying platform for sporting clubs.
2012Red BubblePrivate investors Internet$7MHeaded by former Looksmart senior vice-president Martin Hosking as chief executive, Red Bubble is an online community of artists whose work can be printed on to a T-shirt, poster or any number of products for a small fee and delivered to customers' doors. Redbubble raised $7m from private investors. Early-stage investors include former Realestate.com.au CEO, Simon Baker, Bebo founder Michael Birch and former Morgan Stanley Australia MD Richard Cawsey.
2012Eatability Pty LimitedOptus Mobile Pty LimitedInternetUSD6MOptus will acquire eatability.com (restaurant review website) for USD 6 million, pending approval from the Foreign Investment Review Board.
2012Brasil Online and OCCSEEKInternet SEEK has entered into agreements to increase its ownership stakes in Brasil Online and OCC. Brasil Online operates two leading employment websites (including the market leader Catho Online) in Brazil and OCC is the leading employment website in Mexico. On completion of the acquisitions SEEK’s shareholding will increase from 30% to 51% in Brasil Online and 41% to 57% in OCC with SEEK now holding controlling interests across both businesses.
2012StyleTreadStarfish VenturesInternet$12MStarfish Ventures has joined existing investors Lakestar, Nine Entertainment Co., and Adinvest to participate in the Company’s Series C financing of AUD12M.
2012brandsExclusiveAPN News & Media LimitedInternet$36MAPN has taken an 82% stake in brandsExclusive, an online retailer of heavily discounted premium brands, with an additional payment of up to $30M contingent on achieving earnings targets for 2013.
2012DimmiTelstraInternetN/ATelstra's Applications and Ventures Group, in partnership with Village, signed off on an investment in Dimmi, the real time online restaurants reservations website.
2012VinomofoCatchOfTheDayInternetN/AVinomofo, the Adelaide-based online wine retailer, is to be acquired by CatchOfTheDay, the online shopping website for an undisclosed sum.
2012AutoBase LimitedTrade Me Group LimitedInternetN/ATrade Me, the NZ based auction and classifieds website, has entered into an agreement to purchase the vehicle listing aggregator, AutoBase Limited.
2012Ganji.comMacquarie Group LimitedInternetUSD15MGanji.com, a Beijing-based privately held online classified services provider raised USD45M from investors, including Macquarie which is rumoured to have invested USD15M.
2012Shoes of Prey Pty Ltd.Global syndicateInternetUSD3MShoes of Prey, an online mass customisation retailer of shoes, allowing consumers to design, buy and share their own bespoke shoes, announced it has secured USD3M in funding from a global syndicate, including Silicon Valley's high profile players such as TechCrunch founder Mike Arrington's investment company CrunchFund, Bill Tai and Atlassian founder Mike Cannon-Brookes.
2012Deals.com.auOuffer.comInternetN/AOuffer Australia and deals.com.au plan to merge, Terms have not been disclosed.
2012Buyinvite.com.auOzsale.com.auInternetN/AOzsale.com.au, an invitation-only online shopping website, has acquired flashsale competitor Buyinvite.com.au for an undisclosed sum.
2012ShippingEasy.comPrivate InvestorsInternet$2MShippingEasy, an online shipping company, has closed a round from private investors of $2M.  Terms have not been disclosed.  Launched in 2011, ShippingEasy.com provides SMEs with a real-time multi-channel platform where domestic and international shipping needs across multiple online and offline retail stores, can be managed through a retailer’s eCommerce platform or aggregated through the ShippingEasy.com dashboard.
2012SiteMinderBailador Investment ManagementInternet$5MOnline hotel distribution company SiteMinder has secured $5M investment from Bailador Investment Management
2012bestrecipes.com.auNews LimitedInternetN/ANews Limited acquires website bestrecipes.com.au for an undisclosed sum
2012Allegro NetworksBigAir Group Internet$7.5M (cash) and $2M (earn-out)Fixed wireless carrier BigAir Group acquires Allegro Networks
2012DTDigital Pty LimitedOgilvy & Mather   Ogilvy & Mather acquires a 33.3% stake in DTDigital (web design and website development services) from STW Media Services Ltd
2012Quikflix Ltd Home Box Office, IncInternet$10MHome Box Office acquires Quikflix (on-line movie rental) 
2012KondootPreliminary public offeringInternet/social network$10MKondoot, has lodged a prospectus with ASIC for the preliminary public offering of its shares to raise A$10m “for the purposes of marketing and expansion”. There are 83,333,334 new Kondoot shares offered at $0.12 each. Whilst filing a prospectus for $10m, the  minimum subscription amount is A$250,000.
2012TemandoEllerston CapitalInternet$5MBrisbane-based Freight aggregator Temando, has secured a A$5m investment from James Packer’s investment fund, Ellerston Capital. Terms have not been disclosed.
2012FriendorseAPNInternetN/AAPN has taken a 25% stake in Friendorse following a successful trial of the start-up.
2012StyletreadStarfish Ventures, Lakestar, Nine Entertainment, Adinvest Internet$12MStarfish joins existing investors, Lakestar, Adinvest and Nine Entertainment in a Series C round for the online shoe retailer
2012Jump On ItLiving SocialInternet$30-$40MLiving Social acquires the remainder of shares in Jump On It (following its minority investment stake in 2011)
2011StyleTreadNine EntertainmentInternet$4MCuds up for sale but Nine Entertainment invests $4M into StyleTread (Valuation $20M)
2011SpreetsYahoo!7Internet Yahoo!7 acquires Spreets
2011JumpOnItLivingSocialInternet$5MLivingSocial acquires majority stake in JumpOnIt ($5M)
2011CatchoftheDay/ScooponTiger and CPHInternet$80MTiger (US private equity firm) and CPH acquires 40% of CatchoftheDay/Scoopon for $80M from Leibovichs
2011DealsDirect.comEllerston CapitalInternet$10MEllerston Capital acquires majority stake in DealsDirect.com (online discount department store) for $10M
2011CrowdmassGrouponInternet Groupon acquires Crowdmass for the talent
2011DealisedSingTel (Innov8) and YuuwaInternet SingTel (Innov8) and Yuuwa invest in Dealised (social commerce)
2011KidspotNews Digital MediaInternet$45MNews Digital Media acquires Kidspot (online parenting site) for $45M
2011GetPriceNews DigitalInternet News Digital acquires remaining 47.5% in price comparison site, GetPrice
2011theroar.com, Oasis Active and OurDealTenInternet Ten acquires stake in sports site, theroar.com, 40% in dating site, Oasis Active and social commerce site, OurDeal
2011QuotifySensisInternet Sensis acquires merchant matching site, Quotify
2011VioCorpBalidor (David Kirk)Internet$5MBalidor (David Kirk) acquires stake in VioCorp ($5M)
2011RetailMeNotWhaleSharkInternet$90MWhaleShark acquires coupon site, RetailMeNot ($90M)
2011WishlistQantasInternet$30MQantas acquires (Aust e com) Wishlist revenues of $30M in 2010 from 250,000 global members. To be consolidated into Qantas Frequent Flyer
2011GraysOnlineCaledonia InvestmentsInternet$35MCaledonia Investments acquires 25% in GraysOnline ($35M)
2011HelpMeChooseMortgage ChoiceInternet Mortgage Choice acquires home loan comparison site, HelpMeChoose
2011Infochoice, BidMyLoan and Once LifeiSelectInternet$33.5MiSelect to acquire Infochoice, BidMyLoan and Once Life businesses for $33.5M
2011Occupancy (Rent A Home and TakeABreak)FairfaxInternet$29MFairfax buys online accommodation business Occupancy (Rent A Home and TakeABreak) for $29M (to be tied into STAYZ)
2011DesigncrowdStarfishInternet$3MStarfish invests $3m into designcrown (crowdsource)

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Telecommunications

YearTargetBuyerSectorValueDetails
2012biNuPrivate investorsMedia & Content$2MHeavyweight investors including Google executive chairman Eric Schmidt and the co-founder of Seek.com.au, Paul Bassat, have invested $2 million in biNu, an Australian mobile app platform targeting people (4-5 billion) who don't have smartphones.
2012OoyalaTelstraTelcoAU$35MTelstra has invested $35m in Ooyala, a US-based IPTV video company.  The two companies are working on a commercial agreement that will see Telstra deploy Ooyala's software and analytics into its IPTV platform, T-Box.
2012Codan LimitedCPI International Holding CorpTelcoUSD9MCodan Limited has reached agreement to sell its satellite communications assets to CPI International Holding Corp. and its wholly-owned subsidiary CPI International, Inc for a payment of USD 9m cash, subject to certain adjustments, and a maximum of USD 4.5m in additional payments if certain earn-out objectives and financial targets are achieved over the next two years. The sale consists of Codan’s Australian-based satellite communications assets and 100% of the shares of Locus Microwave Inc.
2012TelstraClear Ltd.Vodafone New ZealandTelcoUSD390M[TBC] The acquisition of Telstra Corporation's NZ subsidiary, TelstraClear is close to being finalised.  The rumoured value of the deal is USD390M.
2012Internode iiNet Ltd TelcoAU$104M (cash and …)iiNet acquires Aguile Pty Ltd and Internode Pty Ltd (internet and telephony services) 
2012Vividwireless Group Ltd Singtel Optus Pty Ltd TelcoAU$230MSingtel Optus acquires Vividwireless (Australia based wireless broadband and internet services company) 
2012Time Telecom Pty ltdSouthern Cross Telco Pty LtdTelco$18.35MSouthern Cross Telco (a subsidiary of M2 Telecommunications) acquires Time Telecom (telecommunications service  provider)
2012PrimusM2Telco$192MM2 acquires Primus for $192M
2011CellnetCVCTelco - Accessories Venture capital firm CVC increases its shareholding by 7.86% after Cellnet cancels 8,268,246 shares
2011e pay AsiaEuronetTelco$12MEuronet acquires the telecom business of e pay Asia (listed prepaid top-up services) for $12M
2011QuickcommVodafone GlobalTelco Vodafone Global acquires telco software provider Quickcomm
2011Information Technologies AustraliaNuanceTelco Nuance acquires customer interaction solutions provider Information Technologies Australia
2011ASTIB GroupCSE-GlobalTelcoAU$48MCSE-Global acquires telco solutions provider ASTIB Group (AU$48M)
2011EdirectM2TelcoAU$5MM2 acquires 50000 post paid mobile customers + assets from Edirect (AU$5M)
2011Clear TelecomM2TelcoAU$24MM2 acquires telco Clear Telecom (AU$24M)
2011ComTelPivotelTelco Pivotel acquires mobile business of ComTel
2011Platform NetworksEftelTelco Eftel acquires wholesale telco service provider Platform Networks
2011ARGUS TechnologiesCommScopeTelco CommScope acquires ARGUS Technologies (comms infrastructure)
2011ISG Management Ironbridge CapitalAust VC Ironbridge Capital invests in ISG Capital (Melbourne based telco contracting business with $100m Telstra contract for fixing Telsta's copper line and services)
2011TransACTiiNetTelcoAU$60MiiNet buys Canberra based telco, TransACT. Funded through cash and debt facilities, the transaction will place iiNet as Australia's 3rd largest supplier of fixed line broadband services
2011Nixon Commuincation Pty Ltd Mine Site Technologies Pty Ltd   MST (Australia mining communications company) acquires Nixon communications
2011Go talkTelPacific Limited  AU$8.5MTelPacific acquires Gotalk (Australia based prepaid telephony products and services 
2011Minetec Pty LimitedCodan LimitedTelco$6MCodan Limited has reached agreement to acquire all of the shares in mining communications and technology company, Minetec Pty Ltd from the Company’s founder and partner for an up-front cost of $6 million.

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Media & Content

YearTargetBuyerSectorValueDetails
20125th FingerMerkleMedia & ContentN/AMerkle (www.merkleinc.com), a leading customer relationship marketing firm and the largest privately-held agency in the US, has acquired 5th Finger, a leading technology-enabled mobile solutions provider.
2012zeebox LtdNetwork Ten Pty LtdMedia & ContentN/ANetwork Ten and UK company zeebox Ltd will enter into a joint venture to launch zeebox’s award-winning app on the local market. Zeebox uniquely provides consumers with a comprehensive social TV discovery and interaction service, while enabling broadcasters and brands to engage with TV fans across all channels.
2012AmobeeSingapore Telecommunications LtdMedia & ContentUSD 321MSingtel has acquired Amobee, a Silicon Valley startup in the mobile advertising sector on undisclosed terms.
2012Switched on MediaSTWMedia & ContentN/AMarketing and communications group STW has taken a majority share in Sydney-based Switched on Media, which specialises in search engine optimisation, pay-per-click advertising, digital content and social media.
2012Viva9 Pty LtdDigital Performance Group LtdMedia & Content$2MDigital Performance Group Ltd, an ASX listed holding company for performance-based digital marketing, has agreed to acquire Viva9 Pty Ltd, Australia’s second largest affiliate network.  Digital Performance Group intends to merge its own affiliate marketing company, dgm, with Viva9.
2012ACP Magazines LtdBauer Media GroupMedia & Content$500MBauer Media Group (Germany based magazine publishing company) has agreed to acquire ACP Magazines (Australia based magazine and digital content publishing company) from Nine Entertainment Co for an estimated cash consideration of AUD 500M. 
2012Edge Loyalty SystemsVillage Roadshow LimitedMedia & ContentN/AVillage Roadshow (listed Australia based media and entertainment company) has acquired Edge Loyalty Systems (Australia based designer of rewards cards from retailers) for an undisclosed sum.
2012Metro Media PublishingFairfax MediaMedia & Content$35MThe ACCC has approved Fairfax Media’s 50% merger with Metro Media Publishing (publisher of Melbourne real estate advertising paper The Weekly Review). The new entity is valued at around $125 million.
2012Australian Independent Business MediaNews LimitedMedia & Content$30MNews Limited announced acquisition of parent company of Business Spectator and Eureka Report, Australian Independent Business Media, to boost digital revenues for $30M cash.
2012Q LtdBeyond International LtdTV production and distribution$3.25MAgreement for the sake of all of Q Ltd's digital marketing operations and assets
2011Adstream AustraliaPaul Ramsay Holdings P/LMedia & Content Paul Ramsay Holdings P/L acquires balance of Adstream Australia
2011Host Havas SA Media & Content$20MHavas SA (French) acquires 51% stake in Host (Aust agency) for $20M
2011Hopscotch Entertainment One Media & Content Entertainment One (Caymans-based content company) acquires Hopscotch (Aust film and DVD production and distribution company) for $20M
2011TapulousDisneyMedia & Content Disney acquires mobile game maker, Tapulous
2011FiremintElectronic ArtsMedia & Content Electronic Arts acquires mobile game maker, Firemint
2011NetusTantalusMedia & Content Tantalus buy back from netus
2011Downstream MarketingEfficient FrontierMedia & Content Efficient Frontier buys Downstream Marketing (digital marketing technology services)
2011Retail Insight
(UK subsidiary of Photon)
Retail Solutions International Inc (US)Media & Content$11MPhoton sells Retail Insight to Retail Solutions (POS data services in UK)
2011GrabbleWalmartMedia & Content Walmart acquires mobile app developer Grabble
2011303LoweAdvertising Advertising agency 303 sold 51% of its business to Lowe Australia to creat 303Lowe
2011SMARTMcCann Worldgroup AustraliaAdvertising McCann Worldgroup Australia acquires Smart (independent agency) to become McCann Erickson Australia
2011Bullseye Digital STW Communications Group Ltd Advertising/Digital agency  STW acquires a 51% stake in Bullseye, an Australian based full service digital agency

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Software & Information Technology

YearTargetBuyerSectorValueDetails
2012IPscapeTelstraSoftware/IT<AU$5MTelstra has invested almost $5M in IPscape, a Sydney-based global provider of contact centre applications and technology that enables organisations to transform expensive and complex legacy contact centre setup.
2012nMetrics and TriplelayerNet Optics, Inc.Software/ITN/AUS-based Net Optics, Inc., a leading provider of Intelligent Access and Monitoring Architecture solutions, acquired Sydney-based nMetrics (a network and application analysis software vendor) and its sister company, Triplelayer (a private, Australia-based distributor) for an undisclosed sum.
2012Sky TechnologiesKony SolutionsSoftware/ITN/AMelbourne firm Sky Technologies - specialists in mobilising SAP environments - was bought out by US-based mobile platform maker Kony Solutions for an undisclosed sum.
2012Conducive Pty LtdEmpiredSoftware/IT$8MEmpired (listed Australia based IT consulting services provider) has agreed to acquire Conducive (Australia based IT consulting services provider) for AUD 8M.
2012Stream TechnologiesOxygen Business Solutions Pty LimitedSoftware/ITN/AOxygen Business Solutions, a NZ based provider of IT and SAP consulting services (subsidiary of Australia based UXC), has agreed to acquire Stream Technologies, an Australia based company specialising in SAP ERP and NetWeaver consulting, for an undisclosed sum.
2012Lan 1 Pty. Ltd.Hills HoldingsSoftware/ITN/AHills Holdings, a listed Australia based investment company in the electronics and communications business, has acquired Lan 1, an Australia based company in the business of distribution of internet protocol (IP) storage, networking, security and surveillance products, for an undisclosed amount.
2012ScriptRockPeter Thiel (Facebook board member and PayPal co-founder)Software/IT$1.2MPeter Thiel has invested $1.2 million in a funding round for business software maker, ScriptRock.
2012 Ebix, Inc.Software/ITN/AEbix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that its Australian operation has acquired Fintechnix, a leading supplier of web based straight through processing solutions to the Australian Life Insurance and Wealth Management sectors. Ebix disclosed that it funded this transaction completely in cash and no Ebix shares were issued. Ebix Australia is one of the largest suppliers of On-Demand e-commerce and business solutions to the Australian General Insurance market.
2012Epicor Software CorporationCOGITA Holdings LimitedSoftware/ITN/AEpicor announces agreement to acquire assets of COGITA Holdings. Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced it has entered into an agreement to acquire substantially all of the operating assets and intellectual property of New Zealand-based partner COGITA Holdings Limited.
2012Coin Software Pty LtdRubik Financial LimitedSoftware/IT>30%[TBC] Rubik is in talks to purchase stake in Coin Software.
2012CSG Limited NECSoftware/IT$227MNEC will acquire the technology solutions business of Australian ICT firm CSG Limited for$227M.  The technology solutions business of CSG provides end-to-end IT solutions and services, including managed and enterprise services and strategic consulting.
2012Promax Applications GroupWipro LimitedSoftware/Consultancy$35MWipro Limited (IT solutions and services provider) signed an agreement to acquire Promax Applications Group, a leading player in trade promotion planning, management, and optimization solutions for AUD35 million in cash, to help the software exporter tap the market for analysing customer data as it looks to drive growth at its outsourcing division. The acquisition follows a January announcement of a strategic partnership between the two firms.
2012Maxnet Ltd.Vocus Communications LimitedSoftware/ITN/AVocus has entered a binding agreement to acquire more than 30% of New Zealand based datacentre operator and cloud provider, Maxnet.
2012nMetrics Pty Limited Net Optics Ltd Software/IT Net Optics, Inc (US based software solutions co) acquires nMetrics (Aust based developer and seller of network and performance monitoring and reporting solutions to managed service providers and cloud vendors) 
2012ISYS Search SoftwareLexmark International, Inc.Software/IT$32MSydney-borne ISYS Software is a global leader in embedded search and universal informationa access solutions. Terms have not been disclosed.
2012Sonar Limited (Sonar6)Cornerstone OnDemandSoftware/IT$14MSonar6 is a leading provider of cloud-based talent management solutions serving small businesses globally. Cornerstone will pay approximately $13 million in cash and $1 million in equity.
2012AtlassianHipChatSoftwareN/ASydney-based Atlassian Software, a leading provider of collaboration software for product teams, today announced it has acquired San Francisco-based HipChat, a hosted private chat service for companies and teams. Terms have not been disclosed.
2012Jireh Consulting Services LtdRed Rock ConsultingSoftware/ConsultancyN/AUXC Limited has announced that it’s wholly owned subsidiary Red Rock Consulting has completed the acquisition of all the shares of Aukland-based JD Edwards Consulting firm Jireh Consulting Services Ltd. Terms have not been disclosed.
2012Max Solutions Holdings LimitedXeroSoftware$6MXero already owned 15.9% and it has agreed to pay $2 million cash and $4 million of Xero shares for the remaining 84.1%. The shares will vest over three years.
2012LogroDeloitte AustraliaSoftwareN/ADeloitte Consulting has announced it will be joined by the team from SAP BI services firm, Logro. Terms were not disclosed.
2012Kestral Computing Pty LtdConstellation Software Inc/Gary Jonas ConsultingSoftware Gary Jonas Consulting (a wholly owned subsidiary of Constellation Software has acquired Kestral Computing (software provider to radiology and laboratory information systems) in Aust, NZ and Asia
2011MYOBBain CapitalUS VC Bain Capital acquires MYOB
2011MetabitNYSE EuronextSoftware & IT NYSE Euronext acquires Metabit (trading platform)
2011Gen-iInfosysSoftware & IT Infosys acquires software solutions business of Gen-i (110 people)
2011Chameleon TechnologySirius CorporationSoftware & IT$5MSirius Corporation (listed IT services company with government focus) acquires Chameleon Technology (software and services to budget/management reporting market) for $5M
2011PrintsoftObjectif LuneSoftware & IT Objectif Lune (Canadian software co) acquires Printsoft (Australian digital print software solutions) from Australia Post
2011QMASTORTriple Point TechnologySoftware & IT Triple Point Technology (provider of integrated commodities trading platform) acquires QMASTOR (operations and logistics software) for a premium of 50% on QMASTOR's shares
2011Retail Insight Limited Software & IT$11MPhoton sells Retail Insight Limited (POS data services in UK) for $11M
2011Frontline SystemsNTTSoftware & IT$63MNTT acquires 70% of Frontline Systems (Aust IT services co with 200 people and revenue of $277M) for $63M
2011Console AustraliaOnthehouse HoldingsSoftware & IT$40MOnthehouse Holdings (listed Australian provider of online real estate content) acquires Console Australia (design software for real estate industry) for $40M
2011PortplusOnthehouse HoldingsSoftware & IT$15MOnthehouse Holdings acquires Portplus (design software for real estate industry) for $15M
2011iSOFT GroupCSCSoftware & IT$189MCSC acquires iSOFT Group (ASX-listed health IT services co) for $189M (226.9% premium)
2011MincomABBSoftware & IT ABB (listed Swiss power and automation technology co) acquires Mincom (Australian mining IT co) from Francisco Partners
2011Serviceworks GroupComputershareSoftware & IT$54MComputershare acquires Serviceworks Group (focus on utilities sector, changing utilities and online price comparison)
2011Specialist Loan ServicesComputershareSoftware & IT$110MComputershare acquires Colarado based Specialised Loan Services (monitoring and processing mortgage payments/defaults)
2011IntrapowerTPGSoftware & IT$12MTPG acquires Intrapower (Qld IT Internet services company) for $12M
2011SourceTreeAtlassianSoftware & IT Atlassian buys SourceTree (version control systems)
2011FiltersquadYuuwaSoftware/IT$1.1MYuuwa invests into musica application company, Filtersquad
2011Markinson Business Solutions Pty Limited Friedman Corporation Software   Friedman acquires Markinson BS (wholesale and retail, customer relationship management, online and reporting business software solutions provider)
2011Portland Group Pty LimitedInfosys BPO LimitedSoftware/IT$37MInfosys BPO Limited acquires all of the outstanding share capital in Australia-based Portland Group Pty Ltd.

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US Venture Capital transaction

YearTargetBuyerSectorValueDetails
2012Happy InspectorUS investorsInternetAU$1MHappy Inspector, a time-saving iPad app for property inspections, has raised a seed funding round of almost AU$1M from US investors including Dave McClure’s 500 Startups, after finding it difficult to raise funds locally.
2012BigcommerceMike Maples and General Catalyst PartnersUS VCAU$20MEarly Twitter investor Mike Maples has joined US venture capital firm General Catalyst Partners in backing Sydney-based tech start-up Bigcommerce (e-commerce platform provider), which has secured $20 million in funding.
2011KaggleMax Levchin, Index Ventures, Khosia Ventures, SV Angel, Start FundInternet$11MCrowd-sourcing website Kaggle receives $11m in investment from Silicon Valley VC firms
2011AtlassianAccel PartnersUS VC$68MAccel Partners acquire a minority stake in Atlassian ($68M)
2011OzForexAccel Partners & Carlyle GroupUS VC$110MAccel Partners & Carlyle Group acquire online exchange payments service, OzForex
201199 DesignsAccel PartnersUS VC$35MAccel Partners leads round into Crowdsourcer, 99 Designs ($35M)
2011Big CommerceGeneral Catalyst PartnersUS VC$15MGeneral Catalyst Partners (US VC) pays $15M for a minority stake in Big Commerce ($10M revenue and 20,000 customers providing SMBs with ecommerce platform)
2011OzSaleInsight Venture PartnersUS VC$14.5MInsight Venture Partners acquire stake in clothing website, OzSale ($14.5M)
2011BugHerd500 startupsUS VC 500 startups (US VC) invests seed round into BugHerd (bug tracker software)

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