TSX-listed Magnet Forensics to be acquired by Thoma Bravo in $1.8 billion CAD deal
Announcement comes hours after IIROC halted trading of Magnet’s shares.
toronto
After navigating “major” changes to restaurant industry, Notch closes $13.7 million CAD to fuel pivot to FinTech
CEO: “When you have to pivot in COVID, that’s a challenging place to be.”
A|I: The AI Times – Radical strategies for AI & quantum in Canada
Plus: Scale AI cuts 20% of its workforce.
Volvo backs Waabi to accelerate driverless trucks commercialization
Waabi unveiled its self-driving product in November to gear up for road tests.
Hootsuite CEO Tom Keiser replaced amid third round of layoffs
The cuts mark Hootsuite’s third round of layoffs in the last six months.
R|T: The Retail Times – Shop Pay vs. ‘Buy with Prime’ begins
Plus: TikTok Parent ByteDance’s E-Commerce Volume Surged in 2022.
Vancouver PR firm Switchboard gets national support following Earnscliffe acquisition
Switchboard calls itself Western Canada’s first tech-focused PR firm.
NowVertical secures $7 million CAD credit facility, completes Acrotrend, Smartlytics acquisitions
NowVertical acquires more capital to fuel acquisition strategy.
UK autonomous vehicle company Oxbotica plans to expand Canadian presence following $140 million USD raise
Oxbotica plans to hire for up to 50 new roles in Toronto office.
Canadian startup news of the week (1/15/23)
Plus: Coinsquare breaks up with CoinSmart, courts WonderFi?
Government of Canada reveals plans for $360 million National Quantum Strategy
NQS aims to support Canadian quantum research, talent, and commercialization.
University of Waterloo leading consortium for 5G innovation that includes Rogers, BlackBerry
BlackBerry, Rogers, Rockport Networks among industry partners taking part.
WonderFi releases public statement following Coinsquare merger report
WonderFi neither confirms nor denies Coinsquare merger report, saying it’s both looking at potential acquisitions and…
Aptum Technologies acquires CloudOps to expand its cloud solutions
Combination of two cloud-based businesses opens up multiple sectors for Aptum, CloudOps in Canada, US, and UK.