Jessica Aldred

[Sydney, AUSTRALIA] The Federal Government has welcomed a decision by Nortel Networks to invest a further AUS $100 million (US $60 million) in a new photonics facility that will create 640 new jobs. Nortel Networks has announced a doubling of its global Optical Internet production capacity over the next 18 months in centers throughout Australia, […]

[Sydney, AUSTRALIA] Web media developer LibertyOne has turned down a takeover offer from Florida-based digital rights management software company CyberSentry following a trading halt called on the Australian Stock Exchange on Tuesday afternoon. The company, which has been denying takeover rumors for a number of weeks, has again confirmed that no takeover offer had been […]

[Sydney, AUSTRALIA] IBM Global Services will establish an AUS $23 million (US $13.8 million) Asia-Pacific centre for e-business in Sydney by the end of the year, placing the spotlight on Sydney as the e-business hub of the region. Supported by the Federal and State Governments, IBM will invest more than $23 million over the next […]

[Sydney, AUSTRALIA] While U.S. based CyberSentry has officially confirmed it has made an offer for any and all outstanding shares in Web media developer LibertyOne, the company has denied any imminent takeover and reportedly placed a freeze on all employees. Under the reverse takeover which might finally allow LibertyOne to achieve its goal of a […]

[Sydney, AUSTRALIA] The Australian Music Retailers Association (AMRA) has moved to embrace online retailers with the inclusion of ChaosMusic on the board of the organization. The e-tailer’s founder and chief executive officer, Rob Appel, was invited to sit on the AMRA board after the company purchased Melbourne’s niche music store Gaslight Records last year. AMRA […]

Mobile phone and accessories retailer Strathfieldhas completed the total acquisition of Internet-based computer and office products retailer Ozbuy for an undisclosed sum. The acquisition is expected to enhance Strathfield’s e-commerce strategy by both expanding the product range and giving the company access to customers who have shown a preference for shopping online. Ozbuy was founded […]

[Sydney, AUSTRALIA] Secure online payments providerCommSecure has announced it will provide the Internet payment gateway for telecommunications carrier Cable and Wireless Optus’ (CWO) new PennySmart Web site, aimed at Australian small businesses. PennySmart, a joint venture with the My Money Group, is part of an ongoing initiative by CWO to support and promote the needs […]

[Sydney, AUSTRALIA] Australian Web sites drew more than AUS $22 million (US $13.2 million) in advertising in the three months up to June this year, according to online analyst and research group www.consult. According to the company’s AdMonitor service, which provides monthly online advertising expenditure numbers by advertiser and industry, revenue growth has been increasingly […]

[Sydney, AUSTRALIA] Online Asian powerhouse chinadotcom has taken 7.75 million shares in Australian online advertising group BMCMedia, an investment worth AUS $8.5 million (US $5 million). Chinadotcom has acquired BMCMedia shares at a price of AUS $1.09 (US $0.65) each, based on a 33.3 percent premium to BMC’s average share price in the 30 trading […]

[Sydney, AUSTRALIA] Internet technology developer MultiEmedia.com has finalized its alliance with the ANZ Bank announced last month. Under the deal, ANZ will take an initial 15 percent stake in MultiEmedia, with the option to expand its stake during the three-year term of the alliance, while appointing an ANZ director to the MultiEmedia board. The agreement […]

[Sydney, AUSTRALIA] Small and medium-sized businesses are expected to benefit from the launch of a new Web monitoring and measurement tool, Hitwise. The launch of the service follows a AUS $6.35 million (US $3.81 million) round of capital raising by parent company Sinewave, owners of online marketing agency Sinewave Interactive and popularity-based search engine Top100. […]

[Sydney, AUSTRALIA] Entrepreneurial commerce service provider marketboomer has signed a five year business-to-business (B2B) contract with the commercial arm of the State Chamber of Commerce, thechamber.com.au. marketboomer will enable small and medium-sized enterprises (SMEs) to become purchasers and suppliers in a range of industries through the Chamber’s online commerce community, from August this year. marketboomer […]