It’s a rare day when a Waterloo Region startup sells for more than half a billion dollars. Then again, 2000 was a rarefied time in the tech world, as twin bubbles in the internet and telecom sectors ballooned inevitably toward bursting. That summer, California-based giant Cisco Systems snapped up PixStream Inc., a Waterloo-based upstart that [...]
February 21, 2012
John Baker’s high noon arrived on Feb. 22, 2008, in the United States District Court for the Eastern District of Texas, Lufkin division. Baker, CEO of an upstart Canadian learning-management software firm called Desire2Learn, was staring down the barrel of a $17-million patent infringement suit filed by Blackboard, a billion-dollar U.S. behemoth. Texas juries don’t [...]
February 14, 2012
On the second of February, Communitech expanded the Hub. Here is a short video with CEO Iain Klugman talking about Communitech and our beautiful new space.
February 10, 2012
Communitech is excited to announce the largest call for art in our history. The venue? The Communitech Hub. The Communitech Hub is a unique facility dedicated to the growth and commercialization of Ontario’s digital media industry. The Hub brings entrepreneurs, multinational companies and academic institutions together under a 30,000 ft² state-of-the-art building. Our mission is [...]
February 7, 2012
Waterloo micro-drone maker Aeryon Labs Inc. received a boost today from a federal government program that helps commercialize Canadian innovations. Peter Braid, Member of Parliament for Kitchener-Waterloo, visited Aeryon’s facility to announce that the lightweight, easy-to-fly Scout surveillance drone has been pre-qualified for support under the Canadian Innovation Commercialization Program (CICP). The $40-million program, established [...]
February 3, 2012