What does a rapidly growing tech firm do when it meets a team of talented software developers?
If you’re Shopify, you buy their entire company.
On Monday, the Ottawa-based company said it was purchasing Waterloo-based Boltmade to bolster Shopify Plus, which provides e-commerce services to its high-volume enterprise clients.
OBJ360 (Sponsored)
How the uOttawa faculty of engineering instills an ‘entrepreneurial mindset’ in students
A decade ago, Terrafixing chief operating officer Vida Gabriel was a chemistry-loving student in high school with little to no interest in business or entrepreneurship. “I didn’t like the sales
Women UNlimited creates collective action and collective impact
I never thought in my lifetime that I would witness something so powerful, heartwarming and inspiring. It’s called Women UNlimited – UNICEF Canada’s women-circled giving collective. The model is simple
The local company said it was primarily attracted to Boltmade’s 21 employees.
“We first worked with the Boltmade team in early 2016 and quickly realized the team’s huge potential and depth of talent,” said Shopify vice-president Loren Padelford in a statement. “The acquisition of Boltmade will bring a strong group of designers and engineers to Shopify Plus.”
The Boltmade team will join the Shopify Plus office in Waterloo.
Terms of the acquisition were not disclosed.
