Manulife Financial Opens RED Lab at Waterloo’s Communitech Hub

communitech

One of Canada’s biggest financial services firms, Manulife, has opened up a new space called RED Lab at Waterloo’s Communitech Hub, a tech-focused innovation centre that is home to the country’s most cutting-edge technology entrepreneurs. RED stands for “research, exploration and development”. Sitting on the opposite end of the colour wheel from the company’s traditional […]

OpenText organic growth plan still a wait-and-see proposition, says Cantor

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OpenText (TSX:OTC), which has grown primarily through acquisition, is in the midst of refocusing its sales efforts to drive try and drive organic growth. But Cantor Fitzgerald Canada analyst Blair Abernethy says he is “remaining cautious” about those prospects. (All figures in U.S.) Yesterday, OpenText reported its Q4 and fiscal 2014 financial results. For the […]

PM Visits Communitech Hub to Announce Accelerator Support

Scott Greenberg and Stephen Lake of Thalmic Labs demonstrate a Parrot drone in flight for PM Stephen Harper.

On Friday, Stephen Harper toured the Communitech Hub in Waterloo, prior to announcing a $100 million fund, called the Canadian Accelerator and Incubator Program (CAIP), intended to help established start-up hubs grow the next wave of Canadian tech talent. “It is critical for Canada’s small- and medium-sized businesses to harness innovation and get their ideas […]

Descartes acquisition of Customs Info LLC gets thumbs up from Paradigm

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Descartes Systems Group’s (TSX:DSG, Nasdaq:DSGX) most recent acquisition isn’t its most important ever, but it does continue a trend of solid pickups and will increase the Waterloo company’s recurring revenue base, says Paradigm Capital analyst Gabriel Leung. Yesterday, Descartes announced it had acquired Salt Lake City-based Customs Info LLC for a mix of cash and […]

SAP could end up buying Descartes Systems Group, says Cantor Fitzgerald

Cantor Fitzgerald analyst Blair Abernethy says SAP’s growing commitment to transportation and logistics could lead to the takeout of Waterloo's Descartes Systems Group.

As industry giants double down on the transportation and logistics space, Waterloo’s Descartes Systems Group (TSX:DSG) could become a takeout target, says Cantor Fitzgerald Canada analyst Blair Abernethy. On the conference call following Descartes’ Q1, 2015 results yesterday, Abernethy noted that management acknowledged a new global collaboration between SAP and IBM. “Across the globe, transportation […]

Here’s why BlackBerry just took a swipe at Good Technology

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The “Inside BlackBerry” blog today ran an uncharacteristically feisty piece. The article, called “Good Isn’t all that Great, while Iron shows its Rust” by former tech journalist Eric Lai takes aim at BlackBerry’s critics. “Naturally, our critics never acknowledge the good things that are happening at BlackBerry,” says Lai. “Things like the fact we’ve gained […]

Cormark ups target on Open Text to (U.S.) $62.00

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Cormark analyst Richard Tse says he is encouraged by Open Text’s (TSX:OTC, NASDAQ:OTEX) ability to create cost synergies from its M&A activity. He says this efficiency has the company is trending a full three quarters ahead of his expectations. Open Text yesterday reported its Q3, 2014 results. The company earned (U.S.) $25.79-million on revenue of […]

Sandvine hits $4.00 for the first time since 2007

Staff of Waterloo's Sandvine in 2013.

In 2007, Waterloo’s Sandvine (TSX:SVC) was still a bright light of the Canadian tech scene. But a worldwide economic crisis, failed AIM listing and lacklustre Canadian tech sector would, by 2012, send the company’s shares dangerously near penny stock status. Today, however, Sandvine is regaining some of its lost swagger. Shares of the company hit […]

Desire2Learn Partners With University of Guelph On Research Project

The University of Guelph and Desire2Learn have already conducted a one-year pilot version of the research project before bringing other institutions in.

Kitchener education tech firm Desire2Learn will be coordinating with a consortium of post-secondary institutions, including the University of Guelph, University of Waterloo, Wilfrid Laurier University, McMaster University and Mohawk College, to conduct a $6 million research project that promises to transform the nature of higher education. Since Desire2Learn launched its Integrated Learning Platform (ILP), which […]