Waterloo Tech News

CMS Watch - ECM mega-vendor Open Text has a successful track record of acquiring smaller competitors, then absorbing their revenue streams and selectively improving certain "winners" going forward. In the wake of an acquisition, however, no one really knows which products (incumbent and acquired) will thrive and which will linger on only as maintenance cows.

Macleans - The University of Waterloo has emerged as one of the leading research centres in quantum computing and digital media. Its computer science and mathematics faculty is the largest in the world. In terms of the number of grants and funding it attracts per faculty member, it is among the most research-intensive universities in the country.

CNW Group - COM DEV International Ltd. (TSX:CDV) today announced its third quarter financial results for the three-month period ended July 31, 2009. All amounts are stated in Canadian dollars unless otherwise noted.

Macleans - Last month, Maclean’s readers got a first look at a controversial proposal from the presidents of the University of British Columbia, the University of Alberta, the University of Toronto, McGill University and Université de Montréal. In an exclusive round-table discussion with senior columnist Paul Wells, they outlined a plan that would see their schools receive favoured government funding to promote their world-class research and graduate student education. The remaining 100-odd schools in Canada would become primarily undergraduate institutions, with commensurately reduced budgets and expectations.

CNW Group - Waterloo's world-renowned Perimeter Institute will be welcoming the world's top scientists at the Quantum to Cosmos (Q2C) Festival which runs from October 15 to 25. During Q2C, from October 19 to 23, the Perimeter Institute's atrium will be home to TVO's flagship current affairs program, The Agenda with Steve Paikin, broadcasting live on location every night at 8 pm.

TechFinance.ca - T-Ray Science, Inc. has filed a preliminary prospectus in connection with a proposed initial public offering of its common shares. T-Ray Science has applied to list its shares on TSX Venture Exchange.

Exchange Magazine - The University of Waterloo, widely recognized for its experiential approach to learning, and key partners in the United Arab Emirates are this week opening an international campus in Dubai.

Exchange Magazine - The PEER Group, Inc. announced that it has completed the purchase of Asyst Technologies’ software business. Asyst was the market leader in connectivity software products in the semiconductor, solar, MEMS and electronics industries. PEER Group will advance its equipment automation strategy by enhancing its product portfolio, adding more than 100 new customers, and providing a strong R&D pipeline of new equipment automation technologies.

iStockAnalyst - Research In Motion (RIMM: 73.54, 0.48) is likely to introduce its BlackBerry Storm2 in September. Yesterday, Verizon Wireless (VZ: 30.37, -0.67) slashed the price of the currently available BlackBerry Storm 9530 smart-phone to $50 with a two-year service contract.

CRN.com.au - Open Text will hire a partner manager for Australia and New Zealand in the next six months as it continues to integrate channel programs it has gained through acquisition.

EE Times - IBM Canada and the Universite de Sherbrooke have teamed up to become the founding partners in a new microelectronics innovation center in Bromont, Quebec.

The New York Times - Clinical trials provider BioClinica Inc. said Tuesday it bought the CardioNow unit of Agfa HealthCare for an undisclosed amount.

Wireless Developer Network - Billing Revolution, a mobile payments company, and Motek Mobile, a full service mobile production and distribution company, today announce a partnership that will bring billing and payment capabilities to Motek Mobile’s proprietary direct to consumer app store.

Trading Markets - Sybase, Inc., a developer of enterprise and mobile software, announced it has presented its 2009 Innovator Awards to customers that have showcased implementations of Sybase technology to manage, analyze and mobilize data.

PCB007.com - Terepac Corporation, poised to become the world's leader in miniaturizing microelectronics, has begun shipping samples of its ultra-thin, flexible, silicon-based products to selected customers from its plant in Waterloo, Ontario, Canada, CEO Ric Asselstine announced today.

CIO - Recently leaked images of RIM's upcoming BlackBerry Storm successor, unofficially dubbed "Storm 2"--and a very early hands-on review--seemed to suggest that BlackBerry-maker Research In Motion (RIM) had decided to scrap the infamous "clicky" SurePress screen technology that set RIM's first touch BlackBerry apart from the pack. However, RIM's co-CEO yesterday clearly stated that SurePress is alive and well. So will we see a second SurePress BlackBerry Storm? And is that pictured device simply a pre-production unit with a different screen than what will ship with the finished product?

MarketWatch.com - Sandvine, a leading provider of intelligent broadband network solutions for cable, DSL, FTTx, fixed wireless and mobile operators, today announced four new service providers customers, all from the company's Europe, Middle East, and Africa (EMEA) sales region.

American Chronicle - BIOREM Inc. announced yesterday it will be showcasing its new Unity product line at an event at the Preston Wastewater Treatment Facility in Cambridge, Ontario. The event will be hosted by Ontario's Ministry of Research and Innovation, which has provided Biorem with almost $1.2 million in new funding through its Innovation Demonstration Fund ("IDF"). IDF is a discretionary, non-entitlement funding program administered by the Ministry that focuses on the commercialization and initial technical demonstration of globally competitive, innovative Green technologies, processes and/or products.

The Globe and Mail - Research In Motion (RIM-T80.35-0.15-0.19%) is expected to make it easier to surf the Internet on its BlackBerry smartphone with the acquisition of Toronto-based browser company, Torch Mobile.