In a welcome change from the typical “American tech company buys Canadian tech company” scenario, ScribbleLive, which is based in Toronto and provides a content marketing platform
Waterloo-based aviation software company Navtech is being acquired by Airbus, the European aircraft manufacturing consortium based in France.
Navtech was founded in 1981 and develops and markets flight operations software for the commercial aviation industry. Prior to the acquisition,
NanoPay, the Toronto-based loyalty and payment solutions provider, has agreed to acquire MintChip, the digital currency platform developed by the Royal Canadian Mint.
MintChip was developed by the RCM as a way to securely send money via text message,
The general counsel division of the Toronto-based law firm Cognition LLP has been acquired by the New York-based “tech-enabled legal services group” Axiom.
As a result of the transaction, Cognition will split into two distinct entities. The
Nelson Global Products, a Wisconsin-based manufacturer of exhaust products for commercial vehicles and a portfolio company of Wind Point Partners, has acquired Mississauga-based emissions control systems manufacturer Silex Innovations from its parent IAC Acoustics. As part of the