Roger Montgomery

ASX-Listed crowdsourced data company, Appen (ASX:APX) has just announced its intention to purchase Figure Eight for its “Leading Tech Platform.” Appen will pay US$175 million upfront, which is circa 5.7 times 2018 revenue. It will also pay up to another US$125 million in March 2020 on outperformance of incremental 2019... Show More

Robert Frost

During June, we added speech and search technology services company, Appen (ASX:APX), to the portfolio. APX is a global leader across its two divisions: 1) Content Relevance, which provides smart data to improve the relevance and accuracy of search results, and 2) Language Resources, which provides data used in speech... Show More