Sandvine to FCC: Pay for Priority Won’t Work

Current FCC Chairman Tom Wheeler is a former wireless industry lobbyist.

On Monday, Waterloo’s Sandvine (TSX:SVC) submitted comments to the FCC’s latest Notice of Proposed Rulemaking (NPRM) on the Open Internet. The FCC has been on the hot seat this year because language from its Chairman, Tom Wheeler, sounded less like a guy who was prepared to defend open access to the internet and more like [...]

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

open-text-headquarters

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 [...]

Sandvine soars on record first quarter

Celebrate good times. Shares of Sandvine (TSX:SVC) are up sharply today after the company reported record first quarter earnings.

Shares of Sandvine (TSX:SVC) are up sharply today after the company reported record first quarter earnings of $7.5-million on revenue of $31.5-million. The topline was a 26% improvement over last year’s Q1. CEO Dave Caputo said continued investment in innovation was the key to the company’s success. “We are pleased to have had a good [...]

BlackBerry’s Chen: “There are so many things that need to be fixed”

Chen: "I can assure you, for me, it's not a religion. It's business."

He may be promoting devices intended to connect people in the most modern ways possible, but when it comes to his customers it’s clear new BlackBerry boss John Chen likes the old fashioned, face to face approach. “I am living hotel to hotel to hotel, it is like packing and unpacking, packing and unpacking,” he [...]