Australia's Activeport rises as Spanish firm buys GPU software partner Radian

Radian

23/03/2026 23:21

** Shares of Australia's Activeport ATV.AX rise as much as 71.4% to A$0.012, logging their best day since Aug. 14, 2025

** Stock hits highest level since March 6

** Software developer says Barcelona-founded Submer Technologies buys co's GPU software partner, Radian

** Adds, deal to boost demand for co's GPU software, supporting recurring revenue

** Co retains strategic equity stake in combined business valued at over A$1 million

** Stock down over 40% this year, including the day's move

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))