SLI Systems shares sink to record low in run-up to earnings season
By Paul McBeth July 11 (BusinessDesk) - SLI Systems shares sank to a record low, extending this year's decline, as a dearth of news ahead of next month's earnings season has seen some investors exit the e-commerce software vendor. The shares dropped 8 percent to 23 cents t...
Trade Me to buy Motorcentral dealer platform pending Commerce Commission approval
By Paul McBeth July 11 (BusinessDesk) - Trade Me Group, the country's dominant online auction site, will buy Limelight Software, which operates the cloud-based auto dealer management platform motorcentral.co.nz, for an undisclosed sum provided it gets Commerce Commission appro...
Jade Software split in two, USA Health takes logistics unit as minority investors exit
By Paul McBeth July 11 (BusinessDesk) - Jade Software has been split in a shake-up of ownership that's left UK non-bank lender Skipton Building Society holding the digital arm and USA Health with the logistics unit. The board, headed by Callaghan Innovation chair Sue Suckli...
UK's Skipton Building Society buys out Jade Software shareholders
By Paul McBeth July 10 (BusinessDesk) - UK non-bank lender Skipton Building Society has bought out minority shareholders in Jade Software as the Christchurch-based tech company targets an early return to profit. Documents lodged with the Companies Office today show Skipton...
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