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Chemaphor raises $380,000 through debenture offering
Organic chemicals company Chemaphor Inc. (TSX-V:CFR) has raised about a third of its hoped-for amount in a previously announced private......
Gennum abandons offer; IDT to acquire Tundra
Ottawa’s Tundra Semiconductor and Integrated Technology Devices (ITD) of California enter into a definitive acquisition agreement, following notice from Gennum Corporation that it will not match ITD’s April 27 all-cash offer for Tundra. Burlington, Ont.-based Gennum $5 million from Tundra for opening the bidding but losing to the higher offer. Und
C-COM turns in 20th consecutive profitable quarter
OTTAWA -- C-COM Satellite Systems Inc., a provider of mobile auto-deploying satellite antenna systems, reports a decline in first quarter to $1.48 million from $1.54 million a year earlier. The company managed to keep its streak of consecutive profitable quarters (now 20) alive but just barely, earning $266, a distant drop from $38,136 last year.
MOSAID scores customer for new portfolio in 'record' time
Just a little over two months after buying a new portfolio of 300 communications patents, MOSAID Technologies Inc. (TSX:MSD) has signed......
Bridgewater's rosy Q1 beats analyst expectations
Fresh from the amicable resolution with stakeholder Crescendo Partners, Bridgewater Systems Corp. (TSX:BWC) announced more positive news......
AMCC licenses Elliptic's security technology
Major chip maker Applied Micro Circuits Corp. (NASDAQ:AMCC) has licensed Ottawa-based Elliptic Semiconductor's security......
What Has Nortel’s Board Been Doing?
One of the most intriguing and fascinating part of the Nortel soap opera over the past eight years has been how Nortel’s board has escaped more than just light scrutiny.While John Roth, Frank Dunn, Bill Owens and Mike Zafirovski have raked over the coals for their performances as Nortel’s chief executive, Nortel’s board has been
Nortel's fate -- and our own
When the history of Ottawa's high-tech industry is written, it might well be divided into the B.N. and A.N. periods, Before Nortel and After Nortel, though how the A.N. era will look like is anyone's guess.
In fact, the story of Nortel is as much a national story as a local one......
In fact, the story of Nortel is as much a national story as a local one......
The Rise and Fall of BCE and Nortel
Time Magazine has a story looking at how Nortel and BCE - and, for that matter, telecom equipment makers and carriers around the world - are struggling with changing technology and heightened competition.Technorati Tags: bce, nortel
L’OCRI annonce la nomination d’un nouveau président et de nouveaux membres du conseil
Le jeudi 30 avril 2009 (Ottawa, Ontario) – L’OCRI, la principale agence de développement économique d’Ottawa, a annoncé la nomination de quatre nouveaux membres ainsi que du nouveau président du conseil d’administration à l’occasion de l’Assemblée générale annuelle qui s’est tenue aujourd’hui au Brookstree
OCRI announces new chair and board members
Ottawa, ON – Thursday April 30, 2009 - OCRI, Ottawa’s lead economic development agency, announced the appointment of four new board members and incoming chair at the Annual General Meeting held today at the Brookstreet Hotel.Ms. Robin McIntyre, Regional President, Rogers Cable Communications Inc., has been appointed OCRI chair, bringing to t
Professional services to be excluded from government network RFP
The federal government intends to break up the first phase of its controversial IT consolidation initiative into multiple projects and contracts, officials say....
Rumors, Rumors, Rumors
There’s no lack of speculation/rumors buzzing around today involving the sale of Nortel’s enterprise and metro Ethernet network businesses. The sale of the enterprise business could happen this week so stay tuned.Technorati Tags: MEN, nortel
Gennum won't fight IDT for Tundra
Gennum Corp. (TSX:GND) has announced that it won't try to match the rival bid made by Integrated Device Technology Inc. (IDT) for......
Bridgewater battle averted as firm signs deal with Crescendo
Bridgewater Systems Corp. (TSX:BWC) has nipped a potential proxy battle in the bud with an agreement to appoint a new director of......
April 29, 2009 - Tech firm set to test wastewater technology in Orangeville, Ont.
Thanks to increasingly volatile markets and stiffening offshore competition, the traditional manufacturing sector in Canada is being clobbered.
PIKA platform selected by Dialexia
OTTAWA – PIKA Technologies Inc. is partnering with Pointe-Claire, Que.-based software company Dialexia to develop an IP-based telephone system for the small office and home office market. The media-processing hardware and software company says Dialexia is using PIKA’s WARP Appliance to add analog connectivity to its VoIP communications system Dial
Third Brigade being sold to Trend Micro
OTTAWA – Security software company Third Brigade is being bought by antivirus software maker Trend Micro Inc. for an unspecified sum. Japan-based Trend Micro, which did more than $1 billion in sales in its most recent fiscal year, makes the popular PC-cillin and ServerProtect software, while Third Brigade produces Deep Security software, which pro
Corel drops 80 workers
OTTAWA – Corel Corp. is shedding 80 employees (8% of its worldwide staff), a quarter of whom work at headquarters in the capital. The software company, which has roughly 500 Ottawa employees, says it is taking the cost-cutting step in light of an anticipated drop in revenue. “It is never an easy decision to let employees go. However, given the per
Nortel helps right whales get right of way
TORONTO – Nortel Government Solutions (NGS) signs a deal with the U.S. Coast Guard to maintain and support the Mandatory Ship Reporting System (MSR), which is helping to protect a critically endangered species of whale. The system, implemented and maintained by Nortel Networks-owned, Virginia-based NGS since 1999, was developed by NGS, the Coast G
Feds backtracking on bundling IT services contracts: CATA By Peter Kovessy, Ottawa Business Journal Staff
Fed backtrack on bundling IT services: CATA
UPDATE: Corel takes more cost-cutting measures with fresh round of layoffs
Corel Corp. (TSX:CRE) is cutting eight per cent of its worldwide staff, the firm announced late Wednesday....
GreenIT Exclusive Bundle from CATAAlliance: GreenerIT Teleforum Recording Now Available - Executive Briefing on Innovating Green Government included!
Green IT Bundle: Teleforum and White Paper
All they are is trucks in the wind
Local firm's tab technology wins commendation for cutting down on tractor-trailer fuel consumption...
Feds backtracking on bundling IT services contracts: CATA
In an apparent about-face, Public Works is now telling the IT industry it does not intend to bundle IT professional service contracts, according to high-tech industry officials....
