Tag: billion
R|T: The Retail Times – Alibaba logistics arm eyes up to $2 billion Hong Kong IPO
Plus: Attabotics sues Canadian Tire over warehouse fire. The Retail Times is a weekly newsletter covering retail tech news from Canada and around the…
University of Toronto, Université de Montréal get combined $325 million as part of $1.4 billion federal investment into university innovation
Other projects focus on sustainability, health, and migrants. The University of Toronto and Université de Montréal have received a combined $325 million from the…
H|T: The Healthtech Times – GSK to buy Bellus Health for US$2 billion
Plus: GPT-4 will hunt for trends in medical records. The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the…
Magnet Forensic to delist from TSX as $1.8 billion merger deal closes
Magnet Forensics acquisition closes following opposition to the deal. Following the April 6 closing of Thoma Bravo’s purchase of Magnet Forensics, the latter is…
LayerZero Labs raises $120 million at $3 billion valuation to enable more multi-blockchain apps
VCs continue to bet on long-term growth for crypto despite volatile market. Vancouver-based Web3 startup LayerZero Labs is now valued at $3 billion after…
Magnet Forensics shareholders approve $1.8 billion Thoma Bravo acquisition as campaign against deal proves unsuccessful
Despite vote, dissenting shareholder says “this is not the end of the road for us.” Shareholders of Kitchener-Waterloo’s Magnet Forensics have voted in favour…
F|T: The FinTech Times – Stripe looks to raise another $6 billion
Plus: How the Silicon Valley Bank shutdown might impact Canadian tech. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news…
Magnet shares independent advisor report recommending $1.8 billion acquisition as some shareholders push to halt deal
One of Magnet’s largest investors says $1.8 billion price tag “simply too low.” As the battle to stop Magnet Forensics’ $1.8 billion CAD sale…
Report: investment in Canadian FinTech dropped almost $6 billion USD in 2022
But overall investment was still bigger than 2020. Investment in the Canadian FinTech sector dropped sharply in 2022, despite being the second-best year for…
Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition by Thoma Bravo
Magnet Forensics shareholder contests deal; independent Magnet directors push back. Independent Magnet Forensics directors are pushing back after one of Magnet’s largest investors, Nellore…