OpenText closes $5.8 billion USD acquisition of Micro Focus, makes workforce reduction
OpenText said it expects to cut the combined entity’s teams by 8 percent due to Micro Focus acquisition.
Acquisitions
Nuula sold to Nav Technologies following collapse of Series A round
Nuula CEO: Company planned to raised $5 million but it “became impossible to close.”
Tiny enters deal to go public on TSXV through merger with WeCommerce
Tiny created WeCommerce in 2019 to acquire Shopify partner businesses.
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.
Market intelligence startup Klue moves closer to all-in-one platform vision with DoubleCheck Research acquisition
DoubleCheck brings research insights into how companies win and lose deals.
CoinSmart rejects Coinsquare’s notice to terminate acquisition deal
CoinSmart claims Coinsquare’s acquisition about-face is “invalid and without merit.”
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.
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.
Coinsquare moves to terminate CoinSmart acquisition deal
CoinSmart CEO says notice took company “by surprise.”
Descartes Systems Group acquires shipment management SaaS provider Supply Vision for $16 million CAD
With the purchase, Descartes wants to increase its shipment management capabilities.
Nuvei enters $1.7 billion CAD deal to acquire US payments tech firm Paya
Paya’s share price climbed by 24 percent following the news of its potential acquisition.
Bird Canada takes international counterpart Bird Global under its wing in merger
A Canadian management team will be established at Bird Global.
Tokens.com’s metaverse subsidiary acquires NFT minting platform CocoNFT
Metaverse Group aims to use CocoNFT’s platform to expand in the creator economy.