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On Taking a Canadian Startup Public Today

Since the start of 2013, technology and innovation has been the fastest growing sector on the TSX and TSXV. Since the beginning of last year, over 65 tech companies have gone public on the exchanges, with nine moving from the earlier-stage-oriented TSXV to the more senior and stringent TSX. Tech companies listed on these exchanges have collectively raised over $15 billion in equity capital in that time.

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Toronto's Checkout 51 Acquired by News America Marketing

News America Marketing, a subsidiary of News Corp, today announced the acquisition of Toronto's Checkout 51. Terms of the acquisition were not announced.

Checkout 51 mobile app enables consumers to browse weekly discount offers on a wide range of grocery items including fresh produce, household and personal care, and then redeem the offers post-purchase simply by taking a photo of their receipt.

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Canadian Drone Company Acquired by Trace Live Networks

Venice, California's TRACE Live Networks announced this morning that it has acquired Saskatoon's Draganfly Innovations.

TRACE is the developer of The TRACEr1, a visually intelligent camera capable of following its owner almost anywhere and live-streaming captured footage to the internet. Draganfly is a commercial small Unmanned Aerial System (sUAS) specialist.

Founded in 1998 and located in Saskatoon, Draganfly is a commercial small Unmanned Aerial System (sUAS) specialist.

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