A U.S.-based software firm with deep roots in Ottawa has been acquired by Swedish telecommunications giant Ericsson.
Ericsson shares plunged Tuesday after the Swedish mobile networks company posted a second-quarter loss on falling sales and warned that there was unlikely to be any improvement soon.
The start of the new year means new tech at the Consumer Electronics Showcase, and several local Ottawa area companies are in Las Vegas this week to flaunt their latest products.
The City of Ottawa is joining a pilot project with Ericsson and Rogers Communications to develop a “connected water” solutio
Fifteen years ago this month, fall brought a blast of chilly news through the halls of what was then Ottawa’s largest technology company.
Why do multinational technology companies come to Kanata North?
CENX closed a Series D round of financing Tuesday worth $12.5 million, investment the company said will go to accelerating its global market and portfolio expansion.
Around 380 people converged on the Shaw Centre for the two-day Wavefront Summits this week, exceeding organizers expectations, according to Wavefront CEO Jim Maynard.
The cost of converting a three-storey office building into an R&D lab for Swedish telecom giant Ericsson Canada (NASDAQ:ERIC) is expected to exceed $18 million, according to municipal records.