
Kinaxis shares drop 17% as software firm reports Q4 net loss
Kanata company’s market capitalization fell from about $4.4 billion on Wednesday to $3.67 billion at the close of trading Thursday.
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Kinaxis shares drop 17% as software firm reports Q4 net loss
Kanata company’s market capitalization fell from about $4.4 billion on Wednesday to $3.67 billion at the close of trading Thursday.
Longtime Kinaxis CFO Monkman to retire in August
Former Shopify VP of finance Blaine Fitzgerald will take over as chief financial officer of the Kanata-based software company.

Feds give Outaouais region’s ‘buzzing’ cybersecurity sector $3M boost
Funding for three Gatineau-based organizations is expected to add 30 jobs to the local economy.

Ottawa drug-maker Tetra Bio-Pharma’s decade-long research effort may be poised to pay off
Product is designed to treat life-threatening conditions triggered when the body’s immune system “goes rogue” in response to infections such as COVID-19.

Ottawa VC investments plummet in second half of 2020, report says
Local companies landed a combined $111 million in fresh venture capital last year, putting Ottawa in 11th place among all Canadian cities.
After turbulent 2020, Ottawa’s Lixar ready to regain altitude
A year after being acquired by BDO, big data analytics firm says new deal to buy Calgary company will open up western Canadian market.

Thermal Energy brews up $1M contract with multinational producer
Ottawa clean-tech firm inks deal with ‘prominent’ North American beer producer.

Martello to raise $5M in new bought-deal offering to fuel growth plans
Network-troubleshooting software company is looking to capitalize on surging demand for its products during the pandemic.

Ottawa Hospital facility seeks industry funding to mass-produce COVID-19 vaccines
Biotherapeutics Manufacturing Centre at the Ottawa Hospital’s General campus has been turning out cutting-edge therapies for nearly 15 years.
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