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On the verge of turning 50, Mitel looks to get ‘re-energized’ with major acquisition

Four years after its reported bid to acquire U.S.-based competitor Avaya fell through, Kanata firm is taking another crack at solidifying its status as a global leader in the unified communications space.

Feds cancel plans to build mixed-use complex near St. Laurent Shopping Centre

Public Services and Procurement Canada recently confirmed it cancelled the bidding process to select a private-sector contractor to redevelop a 26-acre site at 599 Tremblay Rd. near St. Laurent Boulevard.

Awash in red ink, life sciences firm Avivagen seeks new CEO to spark scaleup bid

In financial filings this week, Ottawa-based company says it brought in $939,000 in revenues in its fiscal year ending Oct. 31, 2022, down from about $1.3 million the previous year.

ProntoForms taps veteran tech ‘turnaround guy’ Deck to spur sales growth

New co-CEO says Ottawa firm – which develops “low-code” custom mobile apps that allow field workers in heavy industries such as oil and gas to collect, send, and receive data like maintenance and compliance reports – is “just scratching the surface” of its potential.

Education software provider Kivuto Solutions acquired by Montreal investment firm

Backed by new ownership, the Ottawa firm that helps colleges and universities manage educational platforms and sell electronic textbooks says it’s primed to go the distance in its battle for global market supremacy.

Shopify-Amazon alliance makes sense as two companies grapple with economic headwinds: analyst

A prominent analyst predicts Shopify could ally with Amazon as both companies navigate shifting consumer habits and an economic slowdown.

H&R REIT selling One60 Elgin office tower in $277M deal

At one million square feet, One60 Elgin – which opened in 1971 and was formerly known as Place Bell – is the fourth-largest office building in Ottawa and one of the city’s most widely recognized downtown landmarks.

‘It felt very dramatic’: Two Highbridge Construction employees share their experiences and next steps

Former employees at local firm Highbridge Construction are once again on the job search after the sudden shuttering of the business just over a week ago. 

Time on its side: Raven.ai sees soaring demand for efficiency-finding software

Most businesses expend a lot of effort tracking where their money is going, but Ottawa software enterprise is focused on helping them better understand how they spend a resource that’s perhaps even more precious: time.

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