Bridgewater Systems reports strong sales, profits

By: bob 37 minutes ago Source: Ottawa Citizen from http://www.ottawacitizen.com

Bridgewater Systems said Thursday that sales and profits accelerated in the latest quarter on strong demand from phone companies for technology which manages rising smartphone traffic.
The Ottawa company said sales jumped 41 per cent to $22.7 million and pre-tax profits rose 17 per cent to $4.8 millon in the second quarter ending in June compared READ MORE

View Original Story   Discuss   Share

Zarlink beats revenue targets

By: bob 38 minutes ago Source: Ottawa Citizen from http://www.ottawacitizen.com

Zarlink Semiconductor Thursday reported its fourth consecutive period of profits as a turnaround engineered by CEO Kirk Mandy appears to be gaining momentum.

The Kanata-based firm, which designs chips for medical and communications markets, posted a net profit of 7 cents per share (all figures U.S.) in its first quarter ended June 25. This comp READ MORE

View Original Story   Discuss   Share

Tech giants looking at Canadian mobile software companies

By: bob 15 hours ago Source: Ottawa Sun from http://www.ottawasun.com

With the spiralling growth in mobile data consumption, network gearmakers are scouting for buys that will not only help ease network congestion, but also offer solutions like managing billing transactions.

Canadian firms Bridgewater Systems Corp BWC.TO, Sandvine Corp SVC.TO and Redknee Solutions Inc RKN.TO specialize in such niche offerings tha READ MORE

View Original Story   Discuss   Share

"Ultra Broadband” for Google-speed cities: New Technology Opportunities in Telecommunications, Health Care, Energy Conservation, Education and Services- Recording & Briefing Materials Now Available!

By: OttWatch 18 hours ago Source: Canadian Advanced Technology Alliance from http://www.cata.ca

Toronto Waterfront and i-Canada: Procurement opportunities READ MORE

View Original Story   Discuss   Share

NRC and uOttawa scientists conduct groundbreaking scientific experiment

By: OttWatch 21 hours ago Source: National Research Council Canada - News Releases from http://www.nrc-cnrc.gc.ca

2010/07/28, Ottawa, Ontario - Scientists at the National Research Council of Canada (NRC) and the University of Ottawa (uOttawa) recently saw their efforts rewarded when they witnessed a bird’s eye view of a chemical bond as it breaks - a scientific first. READ MORE

View Original Story   Discuss   Share

Long a history-maker, now an historic site

By: OttWatch 21 hours ago Source: National Research Council Canada - News Releases from http://www.nrc-cnrc.gc.ca

2010/07/28, - Parks Canada has designated NRC's Dominion Astrophysical Observatory as a national historic site to recognize its importance to Canadian astronomy’s development. READ MORE

View Original Story   Discuss   Share

OSI Geospatial inks US$2.8M contract with U.S. Army

By: OttWatch 21 hours ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story   Discuss   Share

TeraGo finishes up wireless spectrum purchase

By: OttWatch 21 hours ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story   Discuss   Share

UPDATE: Enablence increases sales, decreases losses in 2010

By: OttWatch 21 hours ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story   Discuss   Share

Plasco secures $110M equity placement

By: OttWatch 21 hours ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story   Discuss   Share

Enablence shakes up management

By: bob 23 hours ago Source: Ottawa Citizen from http://www.ottawacitizen.com

Enablence Technologies, a small Ottawa optical networking company, announced a big shake up in management and production Wednesday as it pursues the elusive goal of profitability.

Chief executive officer Tim Thorsteinson announced that founding CEO and chairman Arvind Chhatbar and another undisclosed executive have left. They got $1.8 million i READ MORE

View Original Story   Discuss   Share

OSI, U.S. army sign contract

By: bob 1 day 4 hours ago Source: Ottawa Citizen from http://www.ottawacitizen.com

OSI Geospatial said the U.S. army will pay $2.8 million for the development of advanced medical training technology READ MORE

View Original Story   Discuss   Share

Enablence losses fall

By: bob 1 day 4 hours ago Source: Ottawa Citizen from http://www.ottawacitizen.com

Enablence Technologies, an optical communications company, said that losses fell 32 per cent to $8.6 million in the fourth quarter ending in April while sales rose less than one per cent to $14.1 million. READ MORE

View Original Story   Discuss   Share

SafeNet could be next for tantalizing but treacherous IPO

By: bob 1 day 4 hours ago Source: Ottawa Citizen from http://www.ottawacitizen.com

The initial public offering market is a tantalizing but treacherous place these days as more new companies prepare to make the plunge.

Companies with strong stories get rewarded even in a lengthy market correction. But companies with issues can get slammed hard as investors search for profits and growth READ MORE

View Original Story   Discuss   Share

Rogers increases Q2 profit by 21 per cent but feels impact of new competition

By: OttWatch 1 day 22 hours ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story   Discuss   Share

CGI Group Q3 profit up 12 per cent, revenue down on currency fluctuations

By: OttWatch 1 day 22 hours ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story   Discuss   Share

C-COM wins $2.3M order from Asian reseller

By: OttWatch 1 day 22 hours ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story   Discuss   Share

MyFax selected for software options suite on Best Buy computers

By: OttWatch 1 day 22 hours ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story   Discuss   Share

CATA Conversations: The Principal Partner of the Digital Mentor Group, Shawne Browne

By: OttWatch 2 days ago Source: Canadian Advanced Technology Alliance from http://www.cata.ca

CATA Conversations: The Principal Partner of the Digital Mentor Group, Shawne Browne READ MORE

View Original Story   Discuss   Share

The $1-billion Procurement Opportunity to Supply "Ultra Broadband" and related services in Telecommunications, Health Care, Energy Conservation, and Education

By: OttWatch 2 days ago Source: Canadian Advanced Technology Alliance from http://www.cata.ca

The $1-billion Procurement Opportunity to Supply Ultra Broadband and related services in Telecommunications, Health Care, Energy Conservation, and Education READ MORE

View Original Story   Discuss   Share