Ottawa earnings week: Who’s up, down, firing and acquiring?
Shopify: (TSX:SHOP): $116.90, up 12.53% on the week (NASDAQ:SHOP): $85.48, up 12.55% on the week The Ottawa e-commerce giant’s 2017 Q1 had CEO Tobi Lütke
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Mitel
Update: Mitel to cut approximately 60 jobs in Ottawa, hundreds worldwide to eliminate redundancies
Mitel (TSX:MNW)(NASDAQ:MITL) will lay off more than 300 employees this year in an effort to cut down on workforce redundancies, the firm announced as part
Feds give Algonquin College $2.3M for Ottawa big data centre
Ottawa startups and enterprises may find it easier to harness the power of big data to grow their businesses after Algonquin College announced Tuesday it’s
No superstar can win alone. Ottawa technology legend Terry Matthews understood what he had in Simon Gwatkin. by Michael Hammond Just like Wayne Gretzky had
Mobile sell-off refocuses Mitel, CEO McBee said after Q4 loss
Mitel Networks CEO Rich McBee struck an optimistic tone about the Ottawa-based firm’s post-mobile future, despite announcing a loss in the company’s fourth quarter Thursday.
Mitel pursues Avaya customers after Kanata competitor files for U.S. bankruptcy protection
Less than a month after communications company Avaya filed for bankruptcy protection, local competitor Mitel has begun targeting its Kanata neighbour’s clients. “If you’re an
Five Ottawa tech firms to watch in 2017
With employment surging and funding announcements already emerging, 2017 is shaping up to be another big year for Ottawa’s tech sector. Here are some of the
‘Bad optics’ aside, Mitel analysts give thumbs-up to mobile division sale
Mitel shares plunged Tuesday morning, the day after the Kanata telecom company said it was divesting its mobile division, but analysts say a simplified Mitel
Mitel to sell mobile division for more than $385M
Mitel Networks Corp. (TSX:MNW) says it will sell its mobile division in a deal worth more than $385 million. The Ottawa-based company says it will
Ottawa’s Mitel and Shopify among Canada’s top R&D spenders
Research Infosource released its annual report on the top 100 companies in R&D spending, and several companies with Ottawa presences were high on the list. Ottawa-based
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