Tally Group has reached an agreement to acquire Alinta Energy’s billing platform, CORE, in a strategic move to enhance its offerings and expand its market presence in the energy technology sector.

Information on the Target

Tally Group, an Australian energy technology firm, is making significant strides on the global stage with its innovative solutions. Today, the company has confirmed its intention to acquire Alinta Energy's retail energy billing platform, CORE. This acquisition not only enhances Tally's capabilities but also aligns with its strategy to provide cutting-edge services to energy retailers worldwide.

Tally's integration of CORE with its premier cloud-native platform is set to bolster its offerings significantly. The acquisition is expected to provide enhanced scalability and critical functionalities that will allow energy retailers to better manage operating costs while accelerating the development of new energy products and services.

Industry Overview in Australia

The energy sector in Australia is undergoing a transformative period characterized by rapid technological advancements and an increasing focus on sustainable practices. With the rise of renewable energy sources, industry player