Software giant confirmed it did not cancel any signed offers to its fall interns, but said it is pausing further recruiting efforts in order “to focus on more immediate initiatives.”
Kanata-based software firm said late Tuesday it posted sales of $17.5 million for the fiscal year ending March 31, up just four per cent from the previous year’s revenues of $16.8 million.
Fully Managed said Monday it’s acquired Ook Enterprises, a Vancouver-based company that provides managed IT services to small and medium-sized businesses.
Software firm that brought in less than $100,000 in sales last year reported no revenues in the first three months of 2022 as its struggle to find a market fit continued.
The deck is stacked against technology startups. Success is an unsure bet. To boost their odds of success, some startups join incubators and accelerators.
The Ottawa firm said it’s one of the largest orders it has ever received for its fully motorized auto-pointing antenna system, which can be mounted on the roof of vehicles or transportable structures.