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Orbcomm Acquires SkyWave Mobile Communications for $182 Million

New Jersey's Orbcomm, a global provider of machine-to-machine solutions, is acquiring Ottawa's SkyWave Mobile Communications, an M2M service provider.

The initially reported acquisition price was $130 million, but John Eckert, former managing partner at Canadian venture capital firm McLean Watson Capital, told peHUB Canada that gross proceeds to investors will total $182 million.

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AppMakr Gobbles up Canadian Rival Appifier

App building platform AppMakr has bought its Canadian competitor Appifier.

AppMakr, which itself was acquired by Infinite Monkeys in 2013, says the acquisition of the Montreal-born startup now makes it "the mobile voice of a million small businesses and community groups in 100 countries and 15 different languages."

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How to Fund and Grow Your Canadian Startup

We wanted to uncover common elements in the fundraising strategies of “successful” Canadian high-tech startups that may have contributed to their success. For example, were all these companies part of an elite network? Were they formerly connected to influential industry leaders?

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