OpenText is ready for more M&A, says Cormark


Organic growth offers the potential to drive OpenText (TSX:OTC, Nasdaq:OTEX) higher, but acquisitions represent the core of its upside, says Cormark analyst Richard Tse. (All figures in U.S. dollars) OpenText will report its 2015 second quarter financial results after the close on January 27th. Tse says he expects the company will generate operating EPS of […]

Bring Your Own Device: The Next Big Trend in Education


BYOD in Education This report was adapted by Cantech Letter from a piece prepared by Sophic Capital. For the original report, and more in-depth research, please visit Sophic Capital’s website, here. A trend to mobility is occurring inside and outside of the classroom. In the olden days of pencil and paper, too few students were […]

Edmonton’s DriveWyze Becomes Largest Truck Weigh Station Bypass Service In America


Edmonton-based DriveWyze has added New York State to its roster, making it officially the largest weigh station bypass program in America. Using DriveWyze’s software, truck drivers can now bypass 439 weigh station locations in 32 states, reflecting an explosive growth rate of over 80% over the last 18 months. DriveWyze was founded in 2011. Billed […]

Toronto’s uCiC Claims Victory at CES’s Mobile App Showdown


The Toronto-based developers of uCiC (“You see, I see”) must have been very good in a previous life, because their karma-based app has taken the top prize at this year’s Mobile App Showdown at the Consumer Electronics Show in Las Vegas. There are two components to the Mobile App Showdown: the live competition and the […]

Ottawa’s CogniVue Powers Smart Pen On Display at CES


Ottawa-based CogniVue, which licenses a visual data processing technology called APEX Image Processing Cognition, has partnered with NeoLAB Convergence to produce a smart pen, which they’re showing off at the Consumer Electronics Show in Las Vegas. The pen, called the NEO N2, has 256 points of pressure sensing, with 120 frame per second and 1,100 […]

Can bitHound Replicate TinyHippos Success Story?


Kitchener-based software analytics platform bitHound recently closed a $2 million fundraising round led by Michael Wekerle, with an assist from BDC Capital and other unspecified investors. Wekerle was effusive about the company’s prospects. “bitHound is redefining the way developers and management work together, creating a tool that will foster conversation among developer teams,” he said. […]

Toronto Native Ad Platform Polar Hits 1 Billion Mobile Impression Milestone


Toronto-based native advertising platform Polar has just passed the 1 billion mobile native ads served milestone. “1-billion native ads on mobile and over 3-billion across all devices gives us unique aggregate data on how these placements are performing for publishers and how readers are engaging with sponsored content,” said Polar CEO Kunal Gupta. “No one […]

Vidyard partners with Act-On to target billion dollar marketing automation spend

Vidyard's Michael Litt (foreground).

Waterloo’s Vidyard today announced it has launched an integration with marketing automation firm Act-On’s platform. Act-On, which aims to solve the tangle of leads a company might generate from modern outreach tools such as social media, says the mix of offerings will allow customers to gather video viewing and engagement data such as how long […]

Notman House Celebrates PasswordBox Acquisition as a Win For Montreal

The PasswordBox team with VP and General Manager of Intel Security Mark Hocking

Notman House was an appropriate venue for the founders of PasswordBox to formally announce their acquisition by Intel Security, seeing as the fabled mansion has become the hotbed of Montreal’s start-up community. The announcement itself was followed by a series of statements by government officials, a start-up Q&A panel, finishing appropriately with a Champagne-fueled party. […]

VersaPay has a “tremendous opportunity”, says Cantor Fitzgerald

VersaPay CEO Craig O'Neill.

VersaPay’s (TSXV:VPY) promising cloud business is a much bigger opportunity that its stable legacy business, says Cantor Fitzgerald Canada analyst Justin Kew. On Friday, VersaPay reported its Q3, 2014 results. The company lost $1.1-milion On revenue of $5.1-million, up from a topline of $4.8-million in the same period a year prior. “The third quarter is […]