Montreal software firm bought by Wyse Technology

Posted by admin | Investment | Mercredi 30 novembre 2011 7:00

Trying to move beyond its thin client business, Wyse Technology has acquired Montreal’s Trellia Network, a mobile device management company focused on helping companies deal with the consumerization trend. Trellia will become a subsidiary of San Jose, Calif.-based Wyse, the companies announced. The acquisition has been in the works for about six months.

Read more : Montreal software firm bought by Wyse Technology

Vale’s pollution reduction plan will create jobs

Posted by admin | Investment | Samedi 26 novembre 2011 7:00

Mining company Vale says its plan to reduce sulphur dioxide emissions in Sudbury will create 1,300 new jobs. Angie Robson, speaking for the company, said Vale’s $2 billion Atmospheric Emissions Reduction project will create many new jobs and reduce Vale’s emissions by 70%. The project is expected to be approved by Vale’s board of directors by the end of the year.

Read more : Vale’s pollution reduction plan will create jobs

Video game publisher Eidos Montreal to create 250 jobs in expansion

Posted by admin | Investment | Mardi 22 novembre 2011 7:00

Eidos, the video game studio known for its Tomb Raider and Deus Ex franchises, is expanding its Montreal operations and creating 250 new jobs. Eidos Montreal said it will build a new development centre next year and create 150 jobs and expand its current operations, adding another 100 jobs. Eidos Montreal said 100 of the jobs will be to create a new video game as well as R&D on gaming platforms. The other 150 jobs will be part of the new Eidos studio in Montreal. The technology company is now part of Japan’s Square Enix video game publisher.

Read more : Video game publisher Eidos Montreal to create 250 jobs in expansion

Huawei to double Kanata research facility

Posted by admin | Investment | Mardi 22 novembre 2011 7:00

Huawei Technologies, which now employs more than 120 researchers, developers and engineers at its R&D centre in Kanata, announced it will double that number to 250 employees in the next 18 months, according to its president, Sean Yang. Huawei has more than 400 employees in Canada at present, including its headquarters in Markham, Ont., and branch offices in Montreal and Edmonton. “It’s quite good for a business environment, compared to the United States,” Mr. Yang said, calling Canadian minds more open and its governments more accommodating. “It is a very flexible culture and at the same time there is very good talent in human resources.”

Read more : Huawei to double Kanata research facility

The history of the calculator

Posted by admin | Investment | Lundi 21 novembre 2011 19:46

A calculator ?
You know, it’s the little thing which helping you to make additions, division, subtraction and much more!

Many people use everydays a calculator… but who know the history of the calcultator ?!


Via: Calculator.co.uk

Honda to make compact SUVs in Ontario

Posted by admin | Investment | Dimanche 20 novembre 2011 7:00

Honda announced it will begin manufacturing the 2012 CR-V compact sports utility vehicles in Alliston, Ont., in early 2012. The Japanese automaker said it had hired 400 workers to accommodate the new vehicle line, and would produce all CR-Vs sold in Canada there. The news of increased production in Alliston will be welcomed after a difficult year in which Honda’s North American plants have been hampered by parts supply issues first in the aftermath of the Japanese earthquake and tsunami, and most recently by the flooding in Thailand. Honda has reduced production by up 50% at its North American plants throughout November, including in Alliston, where Honda currently employs 4,200 workers.

Read more : Honda to make compact SUVs in Ontario

Canada-U.K. collaboration to focus on antibiotic resistance research

Posted by admin | Investment | Vendredi 18 novembre 2011 7:00

Two Canada-U.K. research teams have been funded through the Canada/UK Partnership on Antibiotic Resistance, a collaboration between the Canadian Institutes of Health Research and the U.K. Medical Research Council. The partnership’s aim is to stimulate high quality research on innovative alternatives to existing antibiotics. Both teams, composed of researchers from Canada and the U.K., will receive more than $7 million over four years from CIHR and MRC. They will be working to find new targets for antibacterial drugs and new ways to prevent or stop the spread of drug resistant infections in hospitals and other health care settings.

Read more : Canada-U.K. collaboration to focus on antibiotic resistance research

ADM to develop biodiesel plant in Alberta

Posted by admin | Investment | Vendredi 18 novembre 2011 7:00

Illinois-based Archer Daniels Midland Co (ADM) says it will construct a biodiesel plant in Alberta. Construction on the biodiesel plant will start in April 2012, and be completed in the fourth quarter of 2013. The new plant with a capacity of 265 million litres will be located adjacent to ADM’s existing canola crushing facility in Lloydminster which will help optimize the company’s agricultural origination, transportation and processing assets in Canada.

Read more : ADM to develop biodiesel plant in Alberta

Servier enters into Type 2 Diabetes partnership with Canadian firm Prognomix

Posted by admin | Investment | Samedi 12 novembre 2011 7:00

Les Laboratoires Servier, France, and Prognomix, Canada, announced that they have entered into a R&D agreement aimed at identifying novel targets as part of programs meant to develop innovative type 2 diabetes and metabolic disease treatment. As part of the agreement, Servier will make a contract signature fee payment and will be granted options to obtain rights to use the results of the collaboration.

Read more : Servier enters into Type 2 Diabetes partnership with Canadian firm Prognomix

$315M Kobo takeover deal by Tokyo-based Rakuten

Posted by admin | Investment | Jeudi 10 novembre 2011 7:00

A Japanese e-commerce company has reached a deal to acquire Canadian e-reader and tablet maker Kobo in a USD$315-million deal that represents a huge vote of confidence in the technology company on the international stage. The acquisition by Rakuten provides a sizable windfall for Indigo Books & Music and a vindication of CEO Heather Reisman’s decision to invest in e-reader technology, creating Kobo and then spinning it off into a separate company. Tokyo-based Rakuten’s agreement to acquire 100% of Kobo’s total issued and outstanding shares will equal a more than 300% return on Indigo’s investment. Kobo will maintain its headquarters in Toronto. Its management team, including Mr. Serbinis, and Canadian employees will remain with the business.

Read more : $315M Kobo takeover deal by Tokyo-based Rakuten

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