Business
ASX 200 rises on Monday
The S&P/ASX 200 Index (ASX: XJO) rose by around 0.30% today to 6,660 points.
Here are some of the highlights from the ASX:
Altium Limited (ASX: ALU)
Altium, the electronic design software company, announced it is going to sell its TASKING business to FSN Capital for US$100 million up front and another US$10 million conditional upon achieving revenue targets in FY21 after the sale.
Mr Aram Mirkazemi, the CEO of Altium, said: “The strategic divestment of TASKING combined with our recent organisational changes and hard pivot to the cloud marks an inflection point for Altium in its pursuit of industry transformation. While TASKING is a great business, it does not play a central role in our design to realisation strategy for the electronics…
-
Noosa News17 hours agoMuster Dogs favourite Frank Finger makes final on-screen appearance with kelpie Annie in portrait show
-
General7 hours agoGoldfields man in coma after allegedly smashing head into ambulance windscreen
-
Noosa News17 hours agoWhy commuters are less likely to see familiar strangers on the bus, train or CityCat and why that makes us feel less safe
-
General24 hours agoBen Stokes questions England’s ability to handle Ashes pressure as Brendon McCullum warns of ‘glass jaw’