Indian venture capital firm IDG Ventures and Canadian investor Ascent Capital picked up a minority stake in New Delhi-based software solutions provider Newgen Software Technologies for INR110 crore.
Tags: Canada
BBM executive Andrew Bocking exits BlackBerry
Andrew Bocking, the Executive Vice President of BBM, exited Ontario, Canada-based smartphone and enterprise software maker BlackBerry, with the said division to be folded into Global Enterprise Solutions under the leadership of John Sims.
Quadrant buys Canadian software firm BCD
Massachusetts, US-based enterprise solutions software provider quadrant Software bought Chicago-based Business Computer Design (BCD) Int'l and its British Columbia, Canada-based business partner ExcelSystems Software Development Inc (ESDI) for an undisclosed sum.
Apple pulls last Bitcoin mobile wallet from App Store
Tech giant Apple has cleared the App Store of all Bitcoin mobile wallet apps by pulling Blockchain from the store on Wednesday without a clear explanation for the move, but retained other non-wallet Bitcoin apps in the said store.
North American commercial printer Quad/Graphics continues expansion with UniGraphic acquisition
Sussex, Wisconsin-based commercial printing firm Quad/Graphics Inc bought Boston-based family-owned printing business UniGraphic Inc for an undisclosed amount as part of its expansion strategy via acquisitions.
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Venture capital looks to Canada this year, says Mohr Davidow Ventures General Partner Katherine Barr
In her guest post at VentureBeat, Mohr Davidow Ventures General Partner Katherine Barr believes that venture capitalists are going to be setting their sights in Canada this year
Andrew Horsman, the principal of Canada-based green technology firm CleanTech Capital Inc resigned and is exiting his stake after the investment was reported by the Star, to avoid conflict of interest with his position as the head of the tire recycling programs in Ontario.
Canada-based digital media firm Aimia Inc is purchasing a minority stake in Malaysia-based firm Think Big Digital Sdn Bhd, the owner and operator of AirAsia-Tune Group's loyalty program.
The US Secret Service confirmed that it is investigating a potential data security attack at Texas-based arts and crafts retail chain Michaels Stores, which alerted its customers to check credit account statements for fraudulent charges.
Smartphone pioneer BlackBerry Ltd announced its intention to divest most of its real estate holdings in Canada through sale-leaseback and vacant asset sales in an effort to turnaround its fortunes.
Canada's Waterloo region posted a substantial rise in venture capital funds, with the creation of Open Text Applications Venture Fund and the Northleaf Venture Catalyst Fund, TheRecord.com reported.
Australia-based mining firm Heemskirk Consolidated inked a deal with Marquis Alliance Energy Group to sell its mineral plant in Canada for C$12 million as part of its startegy to focus on developing its Moberly facility.
Toronto, Canada-based commercial real estate services firm Avison Young bought Columbus, US-based firm PSB Realty Advisors for an undisclosed amount and opened a new office there.
The Canadian government has finally broken its silence about the Bitcoin, rejecting the digital currency as legal tender in the country, The Wall Street Journal blog Canada Real Time reported.
