Enablence names president

By: bob 252 days ago Source: Ottawa Citizen from http://www.ottawacitizen.com

By Robert Bostelaar , The Ottawa Citizen
OTTAWA — Hands-on chief executive Arvind Chhatbar is sharing some of the power at Enablence Technologies Ltd.

Chhatbar announced Thursday that Tim Thorsteinson, a recently retired divisional president of Harris Corp. in the U.S., will step into the newly created position of president and chief operatin READ MORE

View Original Story •  Discuss •  Share

Why Did Nortel File for Bankruptcy Protection?

By: OttWatch 249 days ago Source: All About Nortel from http://www.allaboutnortel.com

With the one year anniversary of Nortel’s bankruptcy filing happening in a couple of weeks, something I’ve been wondering about recently is why Nortel bothered filing for bankruptcy protection in the first place.At this time last year, Nortel had about $2.5-billion of cash and some assets that could have brought in some much-needed fi READ MORE

View Original Story •  Discuss •  Share

MOSAID memory chip deal with Samsung renewed

By: OttWatch 249 days ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story •  Discuss •  Share

Mackenzie Gas Project

By: OttWatch 249 days ago Source: Canadian Advanced Technology Alliance from http://www.cata.ca

Missing tech in the Mackenzie Gas Project: CATA READ MORE

View Original Story •  Discuss •  Share

DragonWave: Eye of the Dragon

By: bob 248 days ago Source: Ottawa Citizen from http://www.ottawacitizen.com

Peter Allen is a sociable man who shows flashes of anger when obstacles get in his way. But this week his mood should be good.

This Thursday, the British-born CEO of DragonWave will unveil financial results for the wireless technology firm he has run since 2004. Allen will likely confirm his company's remarkable sales trajectory. Analysts antic READ MORE

View Original Story •  Discuss •  Share

WiLAN rounds up Conexant

By: OttWatch 248 days ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story •  Discuss •  Share

Media co-existence in the age of the (social) networked consumer

By: OttWatch 248 days ago Source: market2world communications from http://market2world.com

By Jill McCubbinThe most recent Neilsen Global Online Consumer Survey of over 25,000 Internet consumers from 50 countries concludes that 9 in every 10 Internet consumers worldwide (90 percent) trust recommendations from people they know, while seven in every ten (70 percent) trust consumer opinions posted online.And how do consumers share recommen READ MORE

View Original Story •  Discuss •  Share

Environment, ICT, Optoelectronics, Public Safety and Security, Medical, Aerospace…What are your China interests in 2010?

By: OttWatch 248 days ago Source: Canadian Advanced Technology Alliance from http://www.cata.ca

The Canadian Advanced Technology Alliance (CATA) is pleased to inform you of seven major China exhibitions with excellent funding opportunities for participants through Global Opportunities for Associations (GOA) funding. READ MORE

View Original Story •  Discuss •  Share

IDC finalizes PBS contract

By: OttWatch 248 days ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story •  Discuss •  Share

Kanata firm sees $750,000 in new funding

By: OttWatch 248 days ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story •  Discuss •  Share

Canada needs cyber security czar: CATA Alliance By: Kathleen Lau: ComputerWorld Canada

By: OttWatch 248 days ago Source: Canadian Advanced Technology Alliance from http://www.cata.ca

Canada needs cyber security czar: CATA, IT World interview READ MORE

View Original Story •  Discuss •  Share

Epocal sold to U.S. company

By: bob 248 days ago Source: Ottawa Citizen from http://www.ottawacitizen.com

OTTAWA - Epocal Inc., an Ottawa health technology company, has been sold to a U.S. company for $255 million U.S. in a conditional deal subject to business performance.

Inverness Medical Innovations of Waltham, Mass. is buying the company to get blood-test technology which is administered at the hospital bedsides and the results are transmitted READ MORE

View Original Story •  Discuss •  Share

Surprise incentive payment shows Nortel's auction woes

By: bob 247 days ago Source: Ottawa Citizen from http://www.ottawacitizen.com

Nortel Networks will pay $3.5 million U.S. to a U.S. private equity firm as the price for getting key carrier voice assets into an industry auction.

U.S. court documents also show that a tentative deal for the assets -- Nortel's only market-leading product line -- is actually $100 million U.S. less than the $282-million deal announced late last READ MORE

View Original Story •  Discuss •  Share

The Bizarre Nortel-Genband Deal

By: OttWatch 247 days ago Source: All About Nortel from http://www.allaboutnortel.com

After eight months on the block and seven expressions of interest, Nortel unveiled the proposed sale of its carrier voice and applications business to Genband last month for $282-million. Like the other asset sales, it is a stalking horse bid now could see other bids before an auction is held.Despite a lot of speculation about [...] READ MORE

View Original Story •  Discuss •  Share

Epocal sold to U.S.-based Inverness

By: OttWatch 247 days ago Source: Ottawa Business Journal-Technology News from http://www.obj.ca

READ MORE

View Original Story •  Discuss •  Share

NRC-IIT Releases Promotional Video

By: OttWatch 247 days ago Source: National Research Council Canada - News Releases from http://www.nrc-cnrc.gc.ca

2010/01/06, Fredericton, New Brunswick Moncton, New Brunswick - On October 8, 2009, NRC-IIT released a promotional video highlighting the Institute and the Information Technology & e-Business Cluster Initiative in New Brunswick. READ MORE

View Original Story •  Discuss •  Share

Startup Camp Quebec

By: OttWatch 246 days ago Source: Startup Ottawa from http://www.startupottawa.com

Phil from Startup Camp Montreal just emailed to let us know that tartup Camp Québec is coming up… Just a quick note to let you all know that the first edition of Startup Camp Québec will be taking place on January 19th. The organizers of this event have adapted the format to be a full day [...] READ MORE

View Original Story •  Discuss •  Share

Nortel’s Bonds Are Hot, Red Hot

By: OttWatch 246 days ago Source: All About Nortel from http://www.allaboutnortel.com

Now for some surprisingly good news from the land of Nortel: the company’s 10.25% bonds are now trading at 76 cents on the dollar – nearly an eight-fold increase since March when they traded at 10 cents.The Globe & Mail reports that the bonds have increased in value to due to the money the company [...] READ MORE

View Original Story •  Discuss •  Share

Gowlings Monthly TON “Starting your Startup Series”, Announces a 2 Part Seminar Series on Business Plans. Part 1 – The Business Plan You DON’T take to the Bank Tuesday January 12th, 2010 - 5:30pm - 7:30pm Many new start-ups write a business plan with the sole purpose of raising capital.  However, a ...

By: OttWatch 246 days ago Source: The Ottawa Network from http://www.theottawanetwork.com

READ MORE

View Original Story •  Discuss •  Share

Canada. Courts OK auction of Nortel carrier unit

By: bob 246 days ago Source: Ottawa Citizen from http://www.ottawacitizen.com

U.S. and Canadian courts approved plans to auction Nortel Network's carrier voice business Wednesday despite objections over $13.6 million in fees to Genband Corp. and a key financial backer. The auction, with Genband acting as lead bidder with a $282-million offer, is tentatively set for Feb. 25. The judges overruled U.S. government trustee and o READ MORE

View Original Story •  Discuss •  Share