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
@ericewood
The May 31 announcement that private firm Vista Equity Partners would be purchasing engagement marketing software maker Marketo, Inc. for approximately $1.79 billion USD is bad news for enterprise customers in the short
Published on: June 1st, 2016
Eric Emin Wood
@ericewood
Toronto-based Iotum announced today it’s acquiring Gaboogie Canada Inc., a Vancouver, B.C.-based teleconferencing services provider, for an undisclosed sum – its third acquisition in a nine-month period. Previously based in Ottawa, Iotum focuses
Published on: January 27th, 2014
Candice So
@candice_so
Pivotal Inc., a U.S. software company focused on the Web, has just bought Toronto's Xtreme Labs Inc., its first acquisition. On Oct. 2, Calif.-based Pivotal announced it was going to buy Xtreme Labs
Published on: October 7th, 2013
Candice So
@candice_so
When BlackBerry Ltd. announced last week it would be axing 4,500 jobs sometime before Christmas, the tech community in Kitchener-Waterloo, Ont. was left reeling. While the embattled company hasn’t said if all of
Published on: September 27th, 2013
Candice So
@candice_so
Concerns about how to grow revenue have replaced talent woes as the biggest worry keeping Canada’s startup CEOs awake at night, according to a new report. Revenue growth was named the top challenge
A startup based at the Ryerson Digital Media Zone (DMZ) has been acquired by Jobpostings.ca, it announced today. Fanfare has covered its Web site with a one-page notice about the transaction and say that its
As the year draws to a close, we thought about the memorable quotes related to IT and offer, in no particular order, 15 that stuck with us.Hey! You! Get off of my cloud!"If
Published on: December 9th, 2009
Nancy Weil
@itbusinessca
Microsoft plans to intensify its pursuit of Yahoo this week when it authorizes a proxy fight to oust Yahoo's board, meaning the 19-day old acquisition attempt will soon turn a darker shade of
Published on: February 20th, 2008
Juan Carlos Perez
@itbusinessca
EBay's online payments division, PayPal, will pay US$169 million for an Israeli security company specializing in detecting online fraud, the companies said Monday. The deal should close within 30 days.Fraud Sciences, a private
Published on: January 29th, 2008
Jeremy Kirk
@itbusinessca
Microsoft has laid out plans to become a bigger force in the market for virtualization software, stepping up its assault on established leaders such as VMware. The plans announced Monday include the acquisition
Published on: January 22nd, 2008
James Niccolai
@itbusinessca
Sun Microsystems will pay US$1 billion for Swedish software company MySQL, whose open-source database is used for some of the most widely visited Web sites in the world. Sun said the deal will
Published on: January 17th, 2008
Jeremy Kirk
@itbusinessca
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