Good things come to those who wait. RuggedCom (TSX:RCM) today announced it had entered into an agreement with Siemens Canada to purchase all outstanding common shares of the Vaughn, Ontario based company by way of a takeover bid at $33 per share in cash. The offer, which has the unanimous approval of the RuggedCom board, [...]
In 2011, the story of the year in Canadian tech was buyouts. Many of our most interesting Canadian concerns were sold off last year, from Zarlink (TSX:ZL) to Bridgewater (TSX:BWC) to March Networks (TSX:MN) to 2011 Canadian Tech Stock of the Year MOSAID (TSX:MSD) which, on December 19th, accepted a $590-million buyout from Chicago-based private [...]
When the offer came, it came seemingly out of nowhere. Shares of RuggedCom (TSX:RCM), which had been struggling since the middle part of 2011, leapt 62%, from $13.61 to $22.69 on December 19th, when St. Louis-based Belden (NYSE:BDC), a manufacturer of signal transmission and networking products used in demanding environments, made a $22 all cash [...]
Ruggedcom (TSX:RCM) is the talk of the TSX today after St. Louis-based Belden (NYSE:BDC), a manufacturer of signal transmission and networking products used in demanding environments, made a $22 all cash offer for the Vaughn, Ontario base company. But as the the stock’s closing price on Monday, $22.69, might suggest, some think the Belden offer [...]
The first candidates for the 2011 Cantech Letter Awards are in. Out of the gate we have a team effort from Tom Astle, Byron Capital’s Managing Director, Research Technology, and Byron Capital Equity Research Strategist Byron Berry. Astle and Berry will join Versant Partner’s Tom Liston, M Partners Ron Shuttleworth, and Paradigm Capital’s Barry Richards [...]
When Deloitte released its 2011 Fast 50 List for Canadian technology companies, a ranking of the Canadian tech companies with the highest percentage revenue growth over five years, the collection underscored a sobering fact. With just fourteen of the companies public on the TSX or TSXV, most Canadian techs aren’t looking at the public markets [...]
Despite what he describes as our “lackluster approach to climate change”, new Cantech Letter contributor Tom Konrad is often surprised at how many of his favorite green stocks are listed in Canada. In our March issue. Tom critiques the recently published Corporate Knights “Cleantech 10 List”, getting us up to date on our top Cleantech firms.