Mabway

Calian headquarters

Calian to create independent U.S. subsidiary with focus on government and defence clients

Insider Only Techopia, Top Stories

Calian headquarters

Calian tempers 2024 revenue guidance amid military budget cuts

Techopia

Despite a record-setting third quarter, Calian Group says it expects revenues for fiscal 2024 to come in at the low end of its projected guidance

Calian headquarters

Calian expands its presence in Europe with acquisition of U.K.-based Mabway

Techopia

Calian Group has agreed to acquire U.K.-based Mabway for up to $41 million in the Kanata firm’s third major announcement in the past few weeks.

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Video

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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