McKesson Canada, a subsidiary of U.S.-based McKesson Corporation, is investing $25 million into a distribution business in Moncton, N.B., that will serve the Maritime region. McKesson Canada is moving to a new distribution centre in Moncton’s Caledonia Industrial Park, where it will employ 90 people. The new centre will hire 40 new workers on top of the 50 existing employees the company had at its previous facility. The company says its distribution centres supply 40% of the medicines used in Canada to 6,300 retail pharmacies and 1,350 hospitals, clinics and institutions.

Read more : McKesson confirms $25M centre in Moncton

Radio frequency products manufacturer Mitec Telecom has agreed to a reverse takeover by Israel-based Optiway, the Montreal company said. Mitec shareholders will own between 30% and 40% of the combined company. Financial details weren’t provided. Mitec is looking for growth opportunities to exploit its infrastructure and background knowledge in wireless technology, Mandel said. The agreement still requires shareholder and regulatory approvals in both Canada and Israel.

Read more : Mitec Telecom agrees to reverse takeover by Israel-based Optiway

Canadian technology to help manage mobile phone bill shock has attracted attention from a major U.S. software firm. Anomalous Networks, a Montreal-based provider of real-time telecom expense management software, was purchased by Tangoe. Financial terms of the deal were not disclosed, although a regulatory filing made by the Connecticut-based acquirer said the offer included a combination of cash and stock worth approximately US$9 million. Anomalous offers a free app for consumers as well as a paid version for businesses.

Read more : Montreal firm with technology to manage cellphone bills sells for $9M

Xerox Corp., a Conn.-based printing company, acquired LaserNetworks, an Oakville, Ont.-based provider of managed print services. Although financial terms of the transaction were not disclosed, Industry Canada filings note LaserNetworks has annual revenues ranging between $10-million and $25-million, suggesting the final price tag would be above the high end of that range. Since being founded in 1987, LaserNetworks has been named Profit Magazine’s fastest growing company three times and currently has 189 employees. Under the terms of the deal, founder Chris Stoate will continue to lead the company as the top executive of a Xerox Canada subsidiary.

Read more : Xerox acquires Oakville’s LaserNetworks

Windstream Wolfe Island Shoals said it has signed a binding agreement with Siemens to supply as many as 130 turbines for a 300 MW offshore wind power project on Lake Ontario. The turbine blades will be manufactured at Siemens’ factory in Tillsonburg, Ontario, the company said.

Read more : Windstream Wolfe Island orders up to 130 Siemens wind turbines

Alexion Pharmaceuticals agreed to acquire closely held Montreal’s Enobia Pharma Corp. for as much as $1.08 billion, adding experimental treatments for genetic metabolic disorders. Alexion will pay $610 million in cash upfront for Enobia, and as much as $470 million in addition if certain regulatory and sales goals are achieved, the Connecticut-based company said. The companies said they expect the deal to close in the first quarter of 2012.

Read more : Alexion to acquire Enobia Pharma for up to $1.08B