Techvibes Technology Funding & Exits News

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Canadian-born Taleo acquired by Oracle for $1.9 Billion

Posted by Rob Lewis on Thu, February 9, 2012 3:34 PM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada, Okanagan , Funding & Exits · Comments
Oracle has agreed to buy Taleo Corp. for $1.9 Billion to add talent management software to its cloud computing strategy. According to today's announcement holders of Taleo will get $46 a share - that’s 18 percent higher than Taleo’s closing share price yesterday. While any Billion dollar acquisition is big news,... [more]

Ottawa's Blaze Software acquired by Akamai

Posted by Techvibes Newsdesk on Wed, February 8, 2012 11:27 AM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada, Okanagan , Funding & Exits · Comments
Akamai Technologies announced today that it is acquiring Ottawa's Blaze Software for an undisclosed sum. The Cambridge, Mass.-based Akamai said the purchase will complement its technology to optimize the speed that web pages are rendered, regardless of the device. From Blaze's blog this morning: This is obviously big news for Blaze,... [more]

Dayforce acquired by Ceridian Corporation

Posted by Techvibes Newsdesk on Tue, February 7, 2012 4:07 PM · Filed under Toronto , Funding & Exits · Comments
One year ago we reported that Ceridian Corporation had invested in Toronto's Dayforce Corporation. Today Ceridian announced it has entered into a definitive agreement to acquire Dayforce. "Innovation is a top priority at Ceridian. With this acquisition we are gaining development and delivery expertise and... [more]

Rick Hansen Institute looking for promising technologies

Posted by Techvibes Newsdesk on Mon, February 6, 2012 7:21 AM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada, Okanagan , Funding & Exits · Comments
Applications are now being accepted for the Rick Hansen Institute Emerging Company Showcase, scheduled to take place at Interdependence 2012 Global Conference and Exhibition, May 15-18, 2012 in Vancouver. The Rick Hansen Institute is providing emerging companies, seeking financing for an innovation related to accelerating progress to a cure ... [more]

Is the Startup Boom Just a Job Fair for Big Corporations?

Posted by Rob Lewis on Fri, February 3, 2012 10:36 AM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada, Okanagan , Funding & Exits · Comments
Today on Silicon Valley Watcher Tom Foremski writes about The Dirty Little Secret of Silicon Valley's Startup Boom. Thousands of startups are being launched with dreams of making a difference in the world. Yet Angels and VCs are selling them off to the big corporations in what are... [more]

Telus Health Solutions acquires Wolf Medical Systems

Posted by Techvibes Newsdesk on Thu, February 2, 2012 7:26 AM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada, Okanagan , Funding & Exits · Comments
Telus Health Solutions announced this morning that they have acquired Wolf Medical Systems. The acquisition will create a new line of business within Telus Health Solutions called Physician Solutions. Financial terms of the agreement were not disclosed. Wolf Medical Systems is Canada’s largest and fastest-growing cloud-based EMR provider.... [more]

Shiny Ads raises $250K from Intertainment Media

Posted by Techvibes Newsdesk on Wed, February 1, 2012 9:23 PM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada, Okanagan , Funding & Exits · Comments
Intertainment Media announced today that it has made an investment in self-service ad platform Shiny Ads. The strategic investment in Toronto's Shiny Ads provides Intertainment with an opportunity to more efficiently direct premium advertisers to their portfolio of online properties including itiBiti, Ortsbo, and Ad Taffy. The initial early... [more]

Toronto's SeaWell Networks Raises $5 Million from Northwater and BDC

Posted by Techvibes Newsdesk on Wed, February 1, 2012 10:28 AM · Filed under Toronto , Funding & Exits, Startups · Comments
Toronto-based startup and MaRS client SeaWell Networks, which develops multi-platform video delivery software for network operators, has announced that it's secured $5 million in Series B investment. Led by Northwater Intellectual Property Fund LP 2, with participation by BDC Venture Capital, the funding round "will be used to support ongoing... [more]

Canadian Financing Forum announces presenting companies

Posted by Techvibes Newsdesk on Tue, January 31, 2012 6:01 AM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada, Okanagan , Funding & Exits · Comments
The 15th Canadian Finacing Forum takes place in Vancouver this week on February 2nd and 3rd at the Fairmont Pacific Rim. The Financing Forum facilitates relationship building between entrepreneurs and leading venture capital and corporate investors, paving the way for company financings that ultimately sustain economic... [more]

Siemens Canada Saves Ontario's RuggedCom from Hostile Takeover, Acquires Company for $382 Million

Posted by Knowlton Thomas on Mon, January 30, 2012 9:39 AM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada, Okanagan , Funding & Exits · Comments
Siemens Canada has reached a friendly takeover deal with RuggedCom, an Ontario-based maker of smart grid technology. Siemens will pay $33 in cash per common share, making the deal worth roughly $382 million. Only weeks ago, RuggedCom resisted a hostile takeover bid by Belden. The American company tried to steal Rugged... [more]