Nuvei stock rises as company confirms discussions following report of potential buyout
Nuvei has formed a special committee to evaluate “expressions of interest” the company has seen.
F|T: The FinTech Times – Minerva chases anti-money laundering big leagues
Plus: Open banking framework is coming, but adoption? Not so soon.
H|T: The Healthtech Times – Salesforce launches an AI healthcare assistant
Plus: Vancouver looks to join the global big leagues of modern medicine.
DevOps platform Codezero raises $3.5-million seed round
The platform is backed by GitHub CEO Thomas Dohmke.
TrueContext to be acquired by Battery Ventures in latest Canadian go-private deal
The acquisition values the workflow platform at approximately $150 million.
R|T: The Retail Times – Life House CEO departs following mismanagement accusations
Plus: Travel perks platform Plusgrade gets a new major investor.
Majority owner Markus Frind named permanent CEO of Cymax Group
The Plenty of Fish founder first invested in Cymax in 2015.
A|I: The AI Times – OpenAI says Elon Musk agreed to plans he is now suing them for
Plus: Feds intend to move on AI legislation without industry consultation.
Alberta earmarks $55 million to build tech, science hub at the University of Calgary
The hub will include incubator space for researchers to collaborate with industry partners.
MDF Commerce to go private in $255-million acquisition by New York-based KKR
The deal’s price tag is a premium on its recent TSX close yet well below its peak value.
S|W: The SaaS Weekly – Apple’s walled garden hit with $2 billion fine
Plus: Travel perks platform Plusgrade gets major NY investor.
US-based Fortinet to open new cybersecurity tech hub in Calgary
The hub looks to address the cybersecurity skills shortage.
F|T: The FinTech Times – Boardroom skirmishes prevent Klarna’s IPO prep
Plus: FINTRAC “incident” shows cyberattacks are getting too easy.
H|T: The Healthtech Times – Canadian pharmaceutical research spending dropped in 2022
Plus: Myanmar Molecular seeks Health Canada approval.
Ontraccr secures $1.2 million for construction management software
Ontraccr’s platform digitizes operational workflows in the construction industry.