Jack McDonald

Ingenius

Ottawa software firm InGenius acquired by Texas company in $29.4M deal

Techopia

A long-running but rapidly rising tech firm in Kanata has been acquired by a company south of the border in a deal the firm’s CEO

Get our email newsletters

Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.

The Latest

This holiday season, buy local and build up Ottawa

Vanier property on Durocher rezoned for Ottawa Humane Society’s new veterinary centre

OBJ speaks with Mayor Mark Sutcliffe about politics, relationships and election priorities

Business heats up for Ottawa’s City Seltzer with cameo on viral series Heated Rivalry

Michelin-starred chef Akira Back to bring high-end Japanese cuisine to Chateau Laurier

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.

Looking for more information on Techopia?
Visit https://obj.ca/techopia for regular updates on Ottawa’s technology sector.

You can also sign up for Techopia’s weekly email newsletter: https://obj121.activehosted.com/f/

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

OBJ360

Sponsored

In a tough economy, investing in community is more important than ever

Invest with confidence: Hydro Ottawa funds technical studies for business retrofits

DYMON and The Ottawa Mission celebrate record-breaking Giving Tuesday success

Inspired by love and loss, donor Tom Moore triples Giving Tuesday donations

EXPERT BLOGS

View All | Submit an Expert Blog

Mandated returns to in-person work – What if your health prevents it?

Alison Gilmour

EVENTS

View All | Submit an Event