Business
$1.7 billion Aussie tech company finally lists on ASX
Australian unicorn Nuix Limited (ASX: NXL) will list on the ASX on Friday, making more than $1 billion for majority investor Macquarie Group Ltd (ASX: MQG).
Nuix makes analytics software that serves big government and law enforcement agencies. The Sydney company’s flagship product is an unstructured data processor named the Nuix Engine.
The software was even used to process 11.5 million documents during the famous Panama Papers investigation in 2016.
Investors have thus anticipated the float for several years now.
This year’s blockbuster listing of similarly mysterious US analytics provider Palantir Technologies Inc (NYSE: PLTR) has pumped up the hype for Nuix even more.
Palantir shares floated in October with a reference…
-
Business18 hours agoWhy Austal, Boss Energy, Harvey Norman, and NextDC shares are charging higher today
-
Noosa News15 hours agoPill checking to resume in Queensland months after government axed funding
-
Business20 hours agoASX shares are expensive. Here’s why you should be buying anyway
-
Noosa News24 hours agoThe Full Trailer for Yorgos Lanthimos’ Emma Stone-Led CEO-Kidnapping Dark Comedy ‘Bugonia’ Is Here