Tag: kitchener-waterloo
Pfizer Canada partners with Communitech to launch health-focused accelerator program
The open call for proposals ends on May 31. Kitchener-Waterloo tech hub Communitech is working with Pfizer Canada to help scale up Canadian startups…
Toronto and Waterloo Region venture funding fell short in first quarter of 2023
Toronto’s venture funding dropped 94 percent year-over-year. Venture funding in Toronto and the Waterloo Region had a particularly sluggish start to 2023, with startups…
D2L acquires Connected Shopping to let clients sell online courses
The acquisition signals D2L’s ongoing expansion into e-commerce. Kitchener-Waterloo startup D2L, which operates the education-management platform Brightspace, has acquired Connected Shopping as part…
BlackBerry considering breaking up its businesses to improve revenue, cash flow
BlackBerry’s year-over-year revenue declined by 18 percent. BlackBerry is considering breaking up its businesses as it reviews its portfolio. On Monday, BlackBerry announced…
Fairly AI raises $2.2 million CAD to help AI firms comply with forthcoming regulatory requirements
Fairly wants to accelerate the broad use of fair and responsible AI. Fairly AI has raised $2.2 million CAD ($1.7 million USD) at a…
Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
Miovision is buying Global Traffic Technologies for $107 million USD. Miovision has purchased fellow traffic management company Global Traffic Technologies (GTT) in a deal…
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…
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…
Shinydocs raises $16.25 million to make it easier to find buried files, media, documents
Shinydocs’ platform automates information management for organizations. Kitchener-based information management startup Shinydocs has raised $16.25 million CAD to expand its market share as more…
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…