Tokens.com acquires Startup Slang to link in-game purchases to Shopify Plus storefronts
Tokens.com continues to bet on the metaverse for future revenues.
Acquisitions
Financeit acquires consumer-loans competitor Simply Group Financial
The deal is estimated to be worth between $175-million and $225 million.
Poka to be acquired by Swedish enterprise software giant IFS in reported $200-million deal
Poka is used by workers at Nestlé, Tetra Pak, and Mars, among others.
Ailing MCI OneHealth divests five clinics in Calgary to Well Health for $2 million
Well called the acquisition an excellent opportunity to expand to more providers in Alberta.
Tehama returns as management team buys it out of bankruptcy
CEO Paul Vallée said he’s “pretty chuffed” about the new startup.
How Inkbox CFO Louise Hucal handled the process of being acquired by a global corporation
Successful due diligence requires transparency and delegation.
Mysa acquires United States smart thermostat company as it expands into commercial heating
Mysa, a smart-thermostat company based in St. John’s, Nfld., has acquired the intellectual property of United States smart…
GeoComply acquires OneComply to automate licensing for regulated industries
GeoComply is using its platform to address “compliance failures” in the crypto industry.
American biotech Recursion acquires two Canadian AI drug-discovery companies, Cyclica and Valence
“Policymakers should look to understand why so many promising tech companies choose to sell themselves.”
Bell to acquire Montréal cloud services provider FX Innovation
Bell posted an 88 percent decline in free cash flow since the first quarter of 2022.
BrainBox AI acquires ABB technology in its mission to reduce greenhouse gas emissions in buildings
Québec government and ABB invest $27 million CAD to aid BrainBox AI help retailers use less energy.
General Assembly takes slice out of business, sells frozen pizza line
General Assembly saw an over 40 percent decline in revenue from its frozen pizzas.
Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
Miovision is buying Global Traffic Technologies for $107 million USD.
Product sampling startup Sampler acquires Abeo to deepen footprint in beauty industry
Abeo has worked with beauty brands like Sephora, Glossier, Chanel.
Magnet Forensics to delist from TSX as $1.8 billion merger deal closes
Magnet Forensics acquisition closes following opposition to the deal.