Tagged: acquisitions and mergers

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Ottawa cybersecurity firm slashes at least 20 jobs after U.S. company buys it

Pragya Sehgal

Published: August 21st, 2020

Microsoft acquisition of GitHub made official

Microsoft Corp. is increasingly investing in open source, on Friday officially completing its acquisition of coding development platform GitHub. The $7.5 billion acquisition was originally announced in June, when it was stated that the

Published on: October 26th, 2018 Meagan Simpson

Broadcom to buy CA Technologies for $19 billion USD

Semiconductor manufacturer Broadcom Inc. is buying New York City-based software firm CA Technologies for $18.9 billion (all figures USD), in a bid to create what the former calls "one of the world's leading

Published on: July 12th, 2018 Eric Emin Wood

Here’s how Dell is going public again

Dell Technologies is going public again. On Monday the enterprise technology vendor and PC maker announced that it would be listing itself once again on the New York Stock Exchange after offering to

Published on: July 3rd, 2018 Eric Emin Wood

Life after acquisition: CEO switches gears to Chief Innovation Officer

Mark Endras has always been a coder at heart. The co-founder of online car auction marketplace TradeRev, his minor was in computer science, and Java was his language of choice. “I love programming,

Published on: November 29th, 2017 Danny Bradbury

Telus to purchase U.S.-based Xavient Information Systems for $250M USD

Telus Corp. is reversing the usual Canadian position in international acquisitions and buying a California-based company. The Vancouver-based telecommunications giant announced Monday that it was purchasing Simi Valley, Calif.-based business process and IT

Published on: October 30th, 2017 Eric Emin Wood

Yelp acquires Toronto-based marketing startup Turnstyle Analytics

San Francisco-based Yelp Inc. will soon be able to help its small and medium-sized business (SMB) clients offer their customers free Wi-Fi that doubles as a marketing platform, thanks to its recent acquisition

Published on: April 6th, 2017 Eric Emin Wood

Bell completes MTS acquisition, announces vice chair for western Canada services

Bell Canada parent company BCE Inc. announced the official completion of its Manitoba Telecom Services (MTS) acquisition this morning, along with the appointment of BCE executive Dan McKeen as vice chair of Bell

Published on: March 17th, 2017 Eric Emin Wood

Data breaches could cost Yahoo up to $350M USD, Reuters says

Yahoo Inc.'s data breaches now have a price tag on them. Citing sources familiar with the matter, Reuters and Bloomberg are reporting that Verizon Communications Inc. now plans to buy the former Internet

Published on: February 16th, 2017 Eric Emin Wood

Bell’s MTS acquisition approved by federal regulators

BCE Inc. will be able to acquire Manitoba Telecom Services Inc. under the $3.9 billion deal the telecommunication carriers made last year, after federal regulators gave the transaction the green light, according to

Published on: February 15th, 2017 Brian Jackson

Chan Zuckerberg Initiative to acquire Toronto-based scientific search engine Meta

A Toronto-based startup that allows users to browse the latest scientific research as it hits the web has become the latest acquisition by Facebook Inc. founder Mark Zuckerberg's philanthropic arm. By joining the

Published on: January 24th, 2017 Eric Emin Wood

Microsoft acquires Montreal-based deep learning startup Maluuba

Teaching machines to understand human language has long been the holy grail in artificial intelligence - and in a Montreal startup, Microsoft Corp. believes they have found the perfect guide. On Friday the

Published on: January 13th, 2017 Eric Emin Wood

Trello likely to stay free under Atlassian despite concerns, experts say

Monday's announcement that Australian enterprise software firm Atlassian Corporation Plc. would be acquiring five-year-old New York City-based collaboration software startup Trello Inc. for $425 million USD has many users worried, but experts urging

Published on: January 10th, 2017 Eric Emin Wood

Yahoo data breaches unlikely to sink Verizon deal, Bloomberg finds

Think December's reveal that hackers were able to harvest personal information from 1 billion Yahoo Inc. accounts in 2013 is going to affect its pending $4.8 billion USD acquisition by U.S. telecommunications giant

Published on: January 3rd, 2017 Eric Emin Wood

Axsit’s new owner on entering the VoIP market and meeting CCTS standards

Under its new owners, Mississauga, Ont.-based Voice over Internet Protocol (VoIP) provider Axsit (pronounced “access it”) is already meeting Commissioner of Complaints for Telecommunications Services (CCTS) standards, and will have no trouble continuing

Published on: August 15th, 2016 Eric Emin Wood