Cox and Co.

Mojdeh Cox (left), founder and CEO of Cox and Co., contributed her glass cliff experience to Jenny Mitchell's new book, "Embracing Ambition: Empowering Women to Step Out, Be Seen and Lead." (Photos supplied)

Teetering on the ‘glass cliff’: How marginalized leaders can survive being set up to fail

Ottawa

While many are familiar with the “glass ceiling,” the “glass cliff is a less well-know phenomenon. Mojdeh Cox and Jenny Mitchell break down how women

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Kanata-based Fidus Systems is poised for aggressive expansion after agreeing to sell a majority stake to New York private equity firm Catchment Capital. While financial terms remain undisclosed, the company says the deal provides the “rocket fuel” needed to pursue strategic acquisitions and accelerate R&D.

Fidus, a designer of complex embedded components for sectors like aerospace and autonomous vehicles, will retain its local headquarters and executive team. The partnership offers the capital to scale the 200-person company’s already rapid revenue growth while preserving its culture, emphasizing that operations remain unchanged ‒ just with deeper pockets for future innovation.

In this special episode of Techopia Live, OBJ publisher Michael Curran talks with Scott Turnbull, chief technology officer of Fidus Systems, about the company’s new majority owner and what it might mean for its future.

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Techopia Live: Fidus gets new majority owner to pursue aggressive growth plan | Episode 292

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