Battery Ventures bids $471m for Australia SaaS player Infomedia
Battery Ventures is offering to buy Infomedia, a listed Australia software-as-a-service (SaaS) platform for the automotive industry, at a valuation of AUD 658m (USD 471m).
The deal underlines continued global investor appetite for Australia-based enterprise services businesses, with TA Associates submitting a bid for Infomedia earlier this month. Battery, a US-based technology...
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