PARC Capital Fund Services Pty Ltd (PARC) has announced a $21 million investment in NEXION Group (NEXION ASX:NNG), a fast-growing hybrid cloud service provider based in Australia. PARC is an experienced funder in the technology industry, with multiple acquisitions already funded in the IT sector. The firm’s recent $150 million deal with Macquarie Capital to …
Nexion’s strong quarter of continued increases in operating profit and recurring revenue have put the company in a strong position to achieve profitability. Global cloud service provider Nexion Group (ASX:NNG) has reported its highest quarter revenue since inception, delivering a sixth straight quarter of growth. Nexion generated total Q1 revenue of $2.25m, up 13.9% on …
Nexion Group: An acquisition that drops at least $3.4m a year in the tin. Listen to ASX-listed Nexion Group Managing Director Paul Glass talk to Matt Birney on the Bulls N’ Bears Report about Nexion’s acquisition of a Perth Telco that will boost the company’s annual recurring revenues by at least $3.4m a year.
The KOSEC Show Interview Chief Executive Officer of Nexion Networks (ASX: NNG) Mr Paul Glass, discussing the company’s value’s, product offering and future trajectory. https://youtu.be/F3ybvAiFX0Q
ARN is proud to honour Australia’s best and brightest IT channel players, recognising the achievements of an outstanding line-up of partners, start-ups, vendors, distributors and individuals in the 2020 ARN Innovation Awards. Start-Up – Company – Winner: NEXION Networks NEXION Networks won this award for the development of its OneCloud Solution, a globally connected, fully integrated private, …
NEXION takes one giant leap into IPO territory Paul Glass, NEXION CEO has just completed its prospectus with a hope to IPO by early next year. Hoping to raise $8 million, he tells us what he plans to do with the cash next. View Interview Here
