Crypto giant Ripple to acquire stablecoin payments platform Rail for $275 million CAD
Ripple says acquisition will help drive stablecoin innovation and adoption in global payments.
Acquisitions
Descartes continues US acquisitions as it navigates global trade upheaval
Supply chain tech firm buys US startup Finale Inventory for up to $55 million USD.
Public safety tech platform Versaterm acquires Texas firm DroneSense for more than $100 million USD
Versaterm CEO says deal âmoves us closer to a future where drones are as routine as any patrol or fire unit.â
Dig Insights acquires OneCliq to beef up market research tools with social media analysis
Toronto-based OneCliq says it gleans consumer sentiment from activity on Reddit, Instagram, and TikTok.
Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank
Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.
Tenstorrent acquires Blue Cheetah to bring more chip design in-house
AI chipmaker had been licensing Blue Cheetahâs technology since last year.
VitalHub acquires referral platform Novari Health in deal worth up to $48.6 million
VitalHub said the referral management market is a âa key area of investmentâ for governments around the world.
HR platform Workleap adding compensation management features through acquisition of Barley
Talent management software is also preparing to launch Workleap AI tool within the next week.
Is Canadian AI failing?
Plus: Clutch hits $1 billion milestone, Clio opens up the chequebook.
Nvidia acquires Canadian AI efficiency startup CentML
Nvidia rival AMD also acquired Canadian AI firm Untether earlier this month.
Clio to acquire Spanish-American legaltech vLex for $1 billion USD
vLex offers an extensive legal and regulatory database alongside an AI-powered assistant.
$100-million credit facility from La Caisse helps AppDirect make second energy brokerage acquisition this year
Canadian-founded software firm buys Québec-based DNE Resources following purchase of Broker Online Exchange.
Nicoya acquires UKâs Applied Photophysics to expand its drug development capabilities and global reach
The deal triples Nicoyaâs customer base to nearly 3,000 and gives it a new European hub.
American chip giant AMD to acquire Untether AI team
AI inference chipmaker to cease supporting its products and shut down.
As aging entrepreneurs retire, BDC and FNBC announce $100 million to help Indigenous groups buy their businesses
FNBC and BDC want to help Indigenous communities buy established Canadian firms, aid âeconomic reconciliation.â