Snowed In Studios

Jean-Sylvain Sormany

Jean-Sylvain Sormany, president, Snowed in Studios

Forty Under 40

2017 Forty Under 40 recipient

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Insert 25¢ to continue: How Ottawa game studios are making coin

Techopia

Developers of high-budget, blockbuster games for the Xbox and PlayStation consoles are nowhere to be found in Ottawa. While Ubisoft has found a home down

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Facebook Embedded Video Player Indies, broken games, girl gamers and Google – this week’s Techopia Live dug into Ottawa gaming’s hottest topics. Jillian Mood, the

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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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