OpenText closes $5.8 billion USD acquisition of Micro Focus, makes workforce reduction
Posted in General

S|W: The SaaS Weekly – OpenText sells off mainframe business for over $2 billion USD

Plus: MaRS IAF returns and is ready to invest. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around…

Continue Reading S|W: The SaaS Weekly – OpenText sells off mainframe business for over $2 billion USD
SaaS
Posted in General

Canadian SaaS investment rebounded in 2023, reaching nearly $7 billion

L-Spark’s report identified 20 SaaS deals valued at $50 million or more. Canada’s software as a service (SaaS) sector saw a marked year-over-year…

Continue Reading Canadian SaaS investment rebounded in 2023, reaching nearly $7 billion
Tenstorrent and Hyundai
Posted in General

A|I: The AI Times – OpenAI employee secondary values company at least $80 billion

Plus: Why Korean car makers want Tenstorrent’s AI hardware. The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data,…

Continue Reading A|I: The AI Times – OpenAI employee secondary values company at least $80 billion
Vendasta closes $20-million Series E to fund acquisitions, converts existing debt into equity |
Posted in General

S|W: The SaaS Weekly – Atlassian to buy video messaging provider Loom for nearly $1 billion

Plus: Vendasta closes $20M in new funding following layoffs. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around…

Continue Reading S|W: The SaaS Weekly – Atlassian to buy video messaging provider Loom for nearly $1 billion
Ideogram-generated image
Posted in General

A|I: The AI Times – Tiger Global’s share sale puts Cohere at a $3 billion valuation

Plus: A new Canadian generative image startup gets $22.3 million. The AI Times is a weekly newsletter covering the biggest AI, machine learning, big…

Continue Reading A|I: The AI Times – Tiger Global’s share sale puts Cohere at a $3 billion valuation
H|T: The Healthtech Times – Ozempic maker Novo Nordisk buys Montréal’s Inversago for $1 billion
Posted in General

H|T: The Healthtech Times – Ozempic maker Novo Nordisk buys Montréal’s Inversago for $1 billion

Plus: US Senator questions ethics of Google’s Med-PaLM 2. The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the…

Continue Reading H|T: The Healthtech Times – Ozempic maker Novo Nordisk buys Montréal’s Inversago for $1 billion
Carbon Engineering
Posted in General

Carbon Engineering sold to US oil and gas company Occidental for $1.1 billion

Squamish cleantech startup latest to be attracted by US green tax credits, incentives. Squamish, BC-based cleantech startup Carbon Engineering has entered into a definitive…

Continue Reading Carbon Engineering sold to US oil and gas company Occidental for $1.1 billion
iGO’s first quarter result reaches $14 billion
Posted in General

iGO’s first quarter result reaches $14 billion

iGaming Ontario’s first quarter result for 2023-24 reaches a high of $14 billion, as compared to the previous year’s $13.9 billion. This is as per…

Continue Reading iGO’s first quarter result reaches $14 billion
GSoft
Posted in General

S|W: The SaaS Weekly – Instabase notches $2 billion valuation on the back of AI

Plus: Montreal-based HR platform GSoft secures $125M. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe….

Continue Reading S|W: The SaaS Weekly – Instabase notches $2 billion valuation on the back of AI
Wealthsimple launches FinTech super app, combining startup’s financial products
Posted in General

F|T: The FinTech Times – PayPal spent $1 billion on Xoom, now facing pressure to sell

Plus: Wealthsimple ups user insurance limit. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If…

Continue Reading F|T: The FinTech Times – PayPal spent $1 billion on Xoom, now facing pressure to sell