Behind the scenes: Thalmic Labs shows how gesture control device MYO got made

After unveiling the Myo armband in February, Thalmic Labs booked more than $4-million through 25,000 device pre-sales.

We’ve seen few tech developments recently that have drawn as much breathless excitement as Thalmic Labs’ MYO armband. News outlets from around the world spent February and March salivating over the Canadian-made device’s cool factor, while the video associated with the announcement racked up over two-million views. The technology around MYO seems so filmic and [...]

Kitchener City Council approves forward looking Studio Project

On Monday, Kitchener City Council unanimously backed the creation of the Kitchener Studio Project, a centre meant to facilitate the intersection of art, design and technology, to be located at 44 Gaukel Street.

On Monday, Kitchener City Council unanimously backed the creation of the Kitchener Studio Project, a centre meant to facilitate the intersection of art, design and technology, to be located at 44 Gaukel Street. Council has agreed to lease the building for a nominal fee to an educational conglomerate comprising Conestoga College, the University of Waterloo, [...]

Sandvine is finally hitting its stride, says Cormark

Cormark analyst Richard Tse says the obvious question about Sandvine at this point is whether or not its recent growth is sustainable. He says he believes it is because the company's intellectual property has proven difficult to replicate.

Cormark analyst Richard Tse says that, following a year in which it struggled though partner changes and product revisions, Sandvine (TSX:SVC) is finally hitting its stride. Yesterday, the Waterloo-based provider of network policy control solutions reported its Q1, 2013 numbers. The company earned earned $1.7-million on revenue of $25-million. Tse says that with content offerings [...]

Sandvine’s recovery continues in Q1

Sandvine's Q1, 2013 numbers, posted today, continue a bounceback for the company that began when its Q4, 2012 numbers, reported in January, ended a string of disappointing results.

Shares of Waterloo’s Sandvine (TSX:SVC) are up today after the company released its Q1, 2013 financials. Sandvine earned $1.7-million on revenue of $25-million. The quarter continues a bounceback for the company that began when its Q4, 2012 numbers, reported in January, ended a string of disappointing results. CEO Dave Caputo says Sandvine can keep it [...]

Canadian startup scoffs at Google Glass, unveils “in-brain” advertising technology

A new technology called AdSurface uses wavelengths of light reflected stimulate a specific set of nerves between the eye’s photoreceptors and the striatum, the part of the brain associated with love and also, drug addiction. This, says its founder makes it perfect for "in-brain" advertising.

Are you seeing what I’m seeing? This is an age-old question asked during childhood in which you wonder whether the world you see is in fact the same for everyone. Scientists, of course, never stop asking these questions, which often results in surprising real-world applications for some of their more apparently pie-in-the-sky experiments. A group [...]

Canadian Tire embraces startup culture at Waterloo’s Communitech

Given its old-world savvy, and the success of its famous loyalty program, it shouldn’t come as a surprise that Canadian Tire has become ensconced in Waterloo, Ontario’s Communitech Hub since January, dedicating itself to launching a “digital hub” in April.

As new businesses struggle to create loyalty programs as a way of hanging on to customers, they can only hope to match the effectiveness of the oldest, most beloved of these: Canadian Tire money. Given its old-world savvy, then, it shouldn’t come as a surprise that this decidedly 20th century retailer has been ensconced in [...]

USA Today says Canadian tech is hot

Sunday's edition of USA Today featured an article by Peter Moreira called "Beyond BlackBerry, Canadian tech is humming". The article talks about how a vibrant tech sector has grown up in the considerable shadow of BlackBerry.

The rest of the world is finally starting to realize that Canada is more than pucks and pipelines. Sunday’s edition of USA Today featured an article by Peter Moreira called “Beyond BlackBerry, Canadian tech is humming”. The article talks about how a vibrant tech sector has grown up in the considerable shadow of BlackBerry. “No [...]

Cantor Fitzgerald raises target on Descartes to $11.50

Cantor Fitzgerald analyst Tom Liston says that with 33 consecutive quarters EBITDA improvement, Descartes Q4 isn't exactly a surprise. Still, he says the numbers, which narrowly beat his own expectations, underline his investment thesis.

This morning, Descartes System Group (TSX:DSG) reported its Q4 and fiscal 2013 results. For the year, The Waterloo-based company earned $15.99-million on revenue of $126.9-million. Q4 revenue came in $33.8-million, which was up 14% from Q4, 2012′s $29.6-million topline. CEO Art Mesher said the company is winning business because its practices are modern. “The world [...]

Brazil World Cup could result in shocking cell phone bills, says Sandvine

Careful with that iPhone. A three minute YouTube video, which uses approximately 10MB of data, will cost a subscriber on average seven euros to watch while roaming in Europe. Ouch.

The 2014 World Cup in Brazil, which runs from June 12th to July 14th of next year, will be the most streamed event in history. But those using their mobile devices to catch up on the action may be in for a shocking cell phone bill, says Waterloo-based Sandvine (TSX:SVC). Sandvine says that one tier-1 [...]

Sandvine board approves share buyback

Sandvine today announced that its board has approved an open market stock buyback program for the purchase of up to approximately 12.5 million common shares over a one-year period. The number is nearly 10% of the 138,551,030 shares it had issued and outstanding yesterday.

Some analysts lately have noticed that Sandvine (TSX:SVC) trades at a discount to peers such as Procera Networks and Allot Communications. Today, some evidence that Sandvine thinks that valuation gap is simply too wide. Sandvine today announced that its board has approved an open market stock buyback program for the purchase of up to approximately [...]