DataWind is a buy, says Haywood

Suneet Singh Tuli and Raja Singh Tuli, co-founders of Datawind Inc. celebrate the Company’s $30 million IPO at the TSX market open.

DataWind (TSX:DW) has a real opportunity in enabling internet access to emerging markets, says Haywood analyst Massimo Voci. In a research report to clients this morning, Voci initiated coverage of DataWind with a “Buy” rating and $7.00 one-year target, implying a return of 75% at the time of publication. Best known for its cheap tablets, […]

Get defensive with these Canadian tech stocks, says Cormark

cgi group

Many of Canada’s best technology names are mature companies with recurring revenue streams that make them particularly attractive in the current market downturn, says Cormark analyst Richard Tse. In a research report to clients this morning, Tse talked about a phenomenon that has seen certain companies that performed well in the bull market showing resilience […]

Elastic Path CEO Harry Chemko hints at IPO

Elastic Path CEO Harry Chemko on BNN October 16, 2014.

The marketing budgets of the future will be driven by millennials who have are used to a more personal experience than their predecessors, says one expert. Harry Chemko, ‎co-founder and CEO of Vancouver-based ecommerce company Elastic Path Software was on BNN’s “Business Day” today to talk about how the role the company fills in the […]

Insider buying at ViXS Systems

ViXS VP Worldwide Sales Perry Chappell is one of three company insiders to make recent purchases of the company's stock in the open market.

ViXS Systems (VXS.TO) hasn’t done much but go down since going public last year, but some of those closest to the company think its shares are now cheap. Several ViXS insiders have made recent purchases of the stock in the open market. On October 8th, the company’s VP, Infrastructure and Networking Sales John Pomeroy bought […]

Cirque du Soleil Meets HR Challenges With SAP’s SuccessFactors

Photo: Martin Girard © Cirque du Soleil

With revenue approaching $1 billion annually and an approximately 5,000-strong employee roster spread across five continents, Cirque du Soleil has a lot of moving parts to manage. It has chosen SuccessFactors, an SAP company, to manage its HR needs. “Our business requires constant mass moving of our employees from country to country with varying requirements,” […]

Toronto’s Nulogy Raises $7.5 Million in Growth Financing

The founders of Nulogy.

Toronto supply chain SaaS company Nulogy Corporation has raised $7.5 million in a round led by Red Sky Capital Management, backed by CI Investment, which manages over $100 million in assets. Silicon Valley Bank, in coordination with existing investors, also contributed. “The journey we’re on redefines what’s possible in the world of consumer packaged goods, […]

Big Rock Labs Launches Reach, Its Location-Based Professional Networking App

reachbigrock

Toronto’s Big Rock Labs, a listing on the Canadian Securities Exchange as of late May (CSE:BLA), has launched Reach, a location-based professional networking iOS app, with an Android version due in October. What differentiates the Reach app from LinkedIn is that it’s location-based, pushing you to make connections with like-minded professionals nearby, rather than restricting […]

Spectra7 is a virtual reality gaming player to watch, says Global Maxfin

spectra 7

Spectra7 Microsystems (TSXV:SEV) is a name to watch in the burgeoning virtual reality gaming market, says Global Maxfin Capital analyst Ralph Garcea. This morning, Spectra7 announced its latest computer chip, the VR 7050. The chip is designed for gesture recognition processing and motion control capabilities targeting game controllers for the virtual reality gaming market. The […]

Zaio can disrupt Zillow and the massive real estate valuation market, says CEO

Zaio CEO David King.

The current online tools for valuing real estate are ripe for disruption, says one Canadian company in the space. David King, CEO of Calgary-based Zaio (TSXV:ZAO) was in Toronto today to present at the Stable Asset Management Tech14 Conference. King says the $6-billion that is spent on real estate valuations isn’t being served by free […]