DarwinAI acquired by Apple amid Big Tech arms race
Kitchener-Waterloo startupâs customers have included Lockheed Martin.
Acquisitions
TrueContext to be acquired by Battery Ventures in latest Canadian go-private deal
The acquisition values the workflow platform at approximately $150 million.
MDF Commerce to go private in $255-million acquisition by New York-based KKR
The dealâs price tag is a premium on its recent TSX close yet well below its peak value.
Ziing acquires Metroland Parcel Services from TorStar
Ziing looks to expand its Canadian delivery network with second acquisition this year.
Miovision nabs Traffic Technology Services in second acquisition this year
Miovision acquired traffic data collection company CJ Hensch & Associates in January.
General Atlantic becomes major investor in travel perks platform Plusgrade
The deal values Plusgrade at over $2 billion, according to The Globe and Mail.
QueerTech acquires accelerator Gradient Spaces to support more 2SLGBTQ+ tech workers
According to QueerTech, less than one percent of venture capital deals go to Queer entrepreneurs.
1Password acquires Boston-based device security platform Kolide
Following the deal, CEO Jeff Shiner said 1Password expects to add 250 new positions in 2024.
Mining tech company GeologicAI acquires consultancy Resource Modeling Solutions
GeologicAI has developed ârobot geologistsâ for the mining sector.
Ocean tech company Xeos Technologies acquired by Spainâs Satlink
Xeos helps track and control assets that operate in harsh maritime environments.
Bank modernization software provider Zafin to be acquired by Nordic Capital
A Zafin investor said the deal represents one of the largest recent exits in the Canadian software industry.
Q4 Inc. delists from TSX as Sumeru Equity Partners buyout closes
Just over two years after TSX IPO, Q4 Inc. becomes the latest Canadian tech company to go private.
SumoQuote acquired by Utah-based roofing software firm JobNimbus
SumoQuote will continue to operate out of its Calgary office.
Inovia report indicates Canadian software sector is returning to normal
Canadian VC funding bounced back from an annual decline in Q4 2023 more aggressively than other countries.
Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal
Exro said deal provides it with âa defined pathâ to profitability.