Kanata firm paid $13 million up front for InterTronic, which employs about a dozen people and specializes in ground satellite technology for customers in the aerospace and defence sectors.
Software firm's sale to New York-based media giant reportedly worth more than US$100 million.
Founder says the company now known as Omni Conversion Technologies has spent several years refining its system that is supposed to burn garbage and convert it into electricity.
Kanata North is a growing hub for connected and autonomous vehicle (CAV) innovation, but what does local industry need to take it to the next level?
Since its founding in 2008, the 200-person company has built a high-profile list of customers that includes AT&T, Fox and Toronto’s Corus Entertainment.
After facing months of delays, Ottawa biotech firm is hoping its rapid testing device is poised to clear the final hurdle before it can go to market.
Rudi Asseer predicts Ottawa-based mechanical installation firm will surpass $100 million in revenues in 2021.
Company that develops software for embedded screens and displays is part of the team working with San Diego-based Aptera Motors on a groundbreaking new solar-powered car.
In the suit filed in U.S. District Court, Arizona-based Blue Yonder claims that Kinaxis used solutions invented by the U.S. firm.
It’s the second major VC raise of the year for the 110-person company, which landed $9.8 million in seed funding back in June.