Security systems company Avante Logixx Inc. (TSXV:XX) is building up its M&A war chest, says analyst Gabriel Leung of Beacon Securities, who in a Tuesday update reiterated his “Buy” recommendation with a lowered price target of $0.60. On Tuesday, Avante Logixx announced the closing of a bought deal financing round with gross proceeds of $8.6 […]
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OpenText may benefit from new data privacy rules: Industrial Alliance
The introduction of new data privacy rules may be a positive for OpenText (TSX:OTC, Nasdaq:OTEX), says Industrial Alliance Securities analyst Blair Abernethy. On May 25, the General Data Protection Regulation (GDPR) will come into effect across Europe. The GDPR, which was adopted in 2016, will replace the 1995 Data Protection Directive, and aims to give […]
Cloud security company Nubeva Technologies is a Buy, Echelon Wealth says
Newly listed cloud security company Nubeva Technologies (TSXV:NBVA) has a scalable model that should be able to penetrate the increasingly lucrative cybersecurity market, says analyst Ralph Garcea of Echelon Wealth Partners, who on Thursday initiated coverage on Nubeva with a “Speculative Buy” rating and C$4.00 target price (all figures in US dollars unless noted otherwise). […]
Nanotech Security has turned a corner, Haywood Securities says
Nanotech Security Corp. (TSXV:NTS) is turning a corner in its development from an R&D-focused company into a profitable player in the lucrative anti-counterfeiting market. That’s the conclusion from analyst Pardeep Sangha of Haywood Securities. On Monday, the analyst maintained his “Buy” recommendation and $2.00 target price for NTS. A Quebec-based producer of nano-optic materials used […]
Nanotech Security has 87.5% upside, Haywood says
Ahead of the company’s first quarter results, Haywood analyst Pardeep Sangha is maintaining his bullish stance on Nanotech Security Corp. (TSXV:NTS). On February 22, after market close, Nanotech Security will report its Q1, 2018 results. Sangha expects this will be the third quarter in a row of positive Adjusted EBITDA for NTS, and the analyst […]
Avigilon could see another bidder top Motorola’s offer: Haywood
Not so fast. That’s the take from Haywood Securities analyst Pardeep Sangha, who says the deal Motorola has made to buy Vancouver-based security player Avigilon (TSX:AVO) is too low. As a result, the analyst thinks another bidder could emerge. On Thursday, Motorola Solutions announced that it had entered into a definitive agreement to acquire Avigilon […]
Toronto startup Cybeats raises capital with iNovia to create “immune system” for IoT devices
In the ongoing war between hackers and those charged with defending our ever-more connected devices and systems, artificial intelligence is fast becoming the new battleground. Cybercrime in Canada is costing businesses a reported three to five billion dollars a year, including infrastructure damage and ransom paid to cybercriminals. And while security experts say that more […]
Nanotech Security Corp. is a buy, Haywood says
Ahead of the company’s fourth quarter results, Haywood analyst Pardeep Sangha thinks investors should be looking at Nanotech Security (TSXV:NTS). On Thursday, Nanotech will report its fourth quarter and fiscal 2017 results. Sangha thinks the company will generate EBITDA of $500,000 on revenue of $3.2-million, a topline that would be up 113.3 per cent over […]
Does Apple’s local differential privacy step over the line?
All in the name of improving the user experience, the company claims, Apple will be extracting information from people’s iPhones without, they say, breaching users’ privacy. Called local differential privacy, the process involves collecting data from individual phones and then stripping it of IP addresses and device identifiers before making it available for analysis. Apple […]
Your privacy can be bought for $1,000 thanks to mobile advertising, security researchers say
Your phone is an incredibly powerful tool — not just in your hands, though, as practically anyone can use the same channels that advertisers use to place localized ads to also figure out not only where you are at any given time but also what you’re sites and apps you’re using, all for as little […]
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