Category : Search result: technology acquisition


Tech stocks send TSX lower amid market decline

Canadian tech stocks led market declines as S&P/TSX composite dropped. U.S. markets also fell while TransAlta acquired Ontario power plants for $95 million. Stay informed on market trends.

J&J buys Halda Therapeutics for $3.05 billion

Johnson & Johnson expands its oncology portfolio with $3.05 billion acquisition of Halda Therapeutics, strengthening its cancer treatment pipeline. Learn about this major healthcare investment.

Cenovus finalizes MEG Energy takeover deal

Cenovus Energy has officially completed its acquisition of MEG Energy, marking the end of a lengthy takeover process. The deal strengthens Canada's energy sector consolidation.

Border inspection kiosks down at Canadian airports

Technical issues affecting border inspection kiosks at multiple Canadian airports have been reported by CBSA. Travelers should prepare for potential delays and have documentation ready.

Americas Gold Acquires Crescent Silver Mine in $65M Deal

Americas Gold and Silver Corporation acquires neighboring Crescent Silver Mine in Idaho for US$65 million, accelerating silver growth and announcing concurrent financing. Strategic move expands production potential.

AI Reshapes Canadian Workplace Collaboration

Canadian companies embrace AI for workplace efficiency but worry it's replacing human teamwork and creativity. Survey reveals 89% of employers express concerns about AI's growing role.

Canadian Quantum Startups Fuel U.S. Tech Advancement

Discover how Canada's quantum computing startups are driving American technological advancement, securing contracts with U.S. government agencies and positioning Canadian innovation on the global stage.

Lightspeed Q2 Revenue Jumps 25%, Raises Guidance

Montreal-based tech giant Lightspeed Commerce reports strong Q2 2024 results with revenue climbing to $230.3 million, prompting increased full-year financial guidance amid global expansion.

MEG Energy Shareholders Approve Cenovus Takeover Deal

MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.

Kimberly-Clark Buys Kenvue in $32B Deal

In a landmark move shaking up the consumer products industry, Kimberly-Clark completes acquisition of Kenvue, forming a powerhouse expected to generate $32 billion in annual revenue.

Coeur Mining buys New Gold in $20B merger

Two Canadian mining leaders join forces as Coeur Mining acquires New Gold Inc., creating a mining powerhouse valued at approximately $20 billion in a landmark deal that reshapes North America's gold mining landscape.

Manitoba Offers $1 for Winnipeg's Lemay Forest Land

The Manitoba government has proposed purchasing approximately 80 acres of city-owned land surrounding Lemay Forest for a symbolic $1, sparking debate about conservation versus development in Winnipeg.

Coeur Mining Acquires New Gold in C$265M Stock Deal

In a landmark move reshaping Canada's mining landscape, Coeur Mining announces strategic acquisition of New Gold through an all-stock transaction valued at approximately C$265 million, creating a diversified precious metals powerhouse.

Coeur Mining Buys New Gold in US$7B Canadian Deal

In a landmark transaction reshaping Canada's mining landscape, Coeur Mining acquires New Gold Inc. and its two prolific Canadian gold operations in a massive US$7 billion deal that creates a new North American mining powerhouse.

Xanadu Quantum Computing Goes Public via $3.6B SPAC Deal

Toronto-based quantum computing company Xanadu announces groundbreaking SPAC deal to go public on Nasdaq, marking a major milestone for Canada's quantum technology sector and creating one of the world's first publicly traded quantum computing firms.

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