Karthik Manimozhi

Tara Shannon

People on the Move: Tara Shannon takes over at Ottawa Festival Network as city’s arts landscape shifts

Ottawa, Insider Only

Get our email newsletters

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

The Latest

Ottawa-Montreal will be first segment of new Alto high-speed train network to be built

High-growth areas such as Kanata North to benefit from new Hydro Ottawa program using AI

Board of trade launches business council with prominent leaders as founding members

Worried about Y2Q? Meet Ottawa’s quantum-safe innovators leading the race to defend

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

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

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

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

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

EXPERT BLOGS

View All | Submit an Expert Blog

Sueling Ching, Ottawa Board of Trade

When Ottawa wins, Canada wins

Sueling Ching

EVENTS

View All | Submit an Event