Limitless WA

Melbourne’s M2 Telecommunications Group has announced $248 million worth of acquisitions, including a $44.1 million bid for Perth-based internet service provider Eftel.

Green power utility Enerji Limited has announced a new agreement with an unnamed major Australian resources firm to install its waste heat-to-power system at an operating gold mine.

Perth-based technology company Antaria has come close to a break even result after achieving 34 per cent growth in sales of $2.67 million.

Engine and fuel technology group Orbital Corporation has sold a 12 per cent stake in its Synerject LLC fuel injection systems joint venture to partner Continental Corporation for $US6 million.

The nation’s second largest internet service provider, iiNet, has reported a 122 per cent jump in net profit for the six months to December 31, on the back of increased earnings from its acquisitions