Waterloo Tech News

The Record - Alex Crizzle is using new technology to track the driving behaviour of older people with Parkinson's disease — with a view to helping them stay behind the wheel longer and safer.

money.canoe.ca - Canada’s biotech industries and technology companies welcomed a tax tweak in Finance Minister Jim Flaherty’s budget, saying he has removed a major barrier to foreign investment in the industry.

The Record - Every time you hit the brakes in your car, you’re wasting energy. That’s why we get better gas mileage on the highway than we do in the city.

CNW Group - The Waterloo Region tech cluster, home to more than 700 technology companies, welcomes a change to federal tax law that makes foreign investment less complicated. The federal government's revisions to Section 116 of the tax code announced Thursday are being hailed as a progressive step and welcome incentive for increased investment in Canada.

PCmag.com - Back in November of 2009, Research in Motion announced BlackBerry OS 5.0 for its fleet of BlackBerry smartphones. The new OS brings a faster Web browser for everyone, lots of e-mail and messaging features for BlackBerry Enterprise Server users, and various fixes for the touch-screen Storm models.

CNW Group - COM DEV International Ltd. (TSX:CDV), a leading manufacturer of space hardware subsystems, today announced that it has been awarded an authorization to proceed (ATP) to provide switches, multiplexers and filters for two commercial communications satellites.

Communitechblog.ca - A building that was once largest tannery in the British Commonwealth is one step closer to accommodating the largest cluster of digital media expertise in the country.

Open Text™ Corporation, Canada’s largest software company and a global leader in enterprise content management (ECM), today announced it will spend $225 million over the next five years on product innovations and related job creation at its Waterloo, Richmond Hill and Ottawa locations.

Trustwave, a leading provider of information security and compliance solutions, has acquired Intellitactics, an industry-leading and award-winning provider of Security Information and Event Management (SIEM) technology. The terms of the deal are confidential.

CTV - The Perimeter Institute is denying reports that Physicist Stephen Hawking is permanently moving to Waterloo.

The Record - The province will invest nearly $34 million in software developer Open Text as the high-tech firm creates hundreds of new jobs in Ontario over the next five years.

Crackberry - Let the fun and games begin. BBleaks have posted what appears to be the first real photos of a BlackBerry Smartphone with a vertical slider form factor similar to the Palm Pre.

570 News - The Kitchener Waterloo Chamber of Commerce handed out some hardware at an awards gala at Bingemans last night.

CBR Mobility - Enterprise and mobility software firm Sybase has signed a deal with Orange Business Services to offer mobile device management as a managed service.

The Montreal Gazette - Two years ago, Patrick Pichette was chief financial officer for Bell Canada. Today, the Montrealer has the same role at Google Inc. He is the only Quebecer and one of two Canadians on the operating committee of the Mountain View, Calif.-based Web giant.

Trans-Pacific Maritime Conference - Descartes Systems Group, a federated global network logistics solutions provider, announced that Globe Express Services, a mid-market supply chain logistics specialist, has extended the use of Descartes' solutions to prepare for the upcoming United States Customs and Border Protection's (CBP) Importer Security Filing (ISF) "10+2" mandate.

CNW Group - ARISE Technologies Corporation, which is dedicated to becoming a leader in high-performance, cost-effective, high-quality solar technology, today announced that it has entered into a Letter of Engagement with a syndicate led by Sandfire Securities Inc. ("Sandfire") and including Jacob Securities Inc. ("Jacob Securities") in relation to a proposed public offering of up to $10 million.

Sandvine, a leading provider of intelligent broadband network solutions for cable, DSL, FTTx, fixed wireless and mobile operators, today announced that it has won six new service provider customers.

The world’s most famous physicist has been at the British university for nearly 50 years but is now looking at the possibility of moving to Canada.

The Toronto Star - In the summer of 1997, Mike Lazaridis and Jim Balsillie handed out what they promised would be the Next Big Thing in business communications technology to a group of BellSouth executives in Atlanta.

Exchange Magazine - Digital Media companies are a step closer to having a place to collaborate and share resources with the official signing of the lease for The Communitech Hub: Digital Media and Mobile Accelerator at The Tannery in downtown Kitchener.

CNW Group - COM DEV International Ltd., a leading manufacturer of space hardware subsystems, today announced that it has been awarded a contract valued in excess of US$6 million to provide switches, filters and multiplexers for a commercial communications satellite. The Company expects to complete work on the contract within the first half of calendar 2011 at its facility in Cambridge, Ontario.

pehub.com - Aimetis Corp., a Waterloo-based provider of video surveillance technologies for the retail and transportation markets, has raised C$5 million in VC funding. Backers include Covington Capital.

CNW Group - Open Text Fax Gateway Maximizes Network Resources and Reduces Costs with Complete IP and Software-Based Fax Solution.

CNW Group - Decision Dynamics Technology Ltd., a leading provider of capital project controls and cost management software for normal operations and capital projects in the energy industry, and Coreworx Inc., a subsidiary of Acorn Energy, Inc., a leading provider of project execution and information control software used globally by energy industry leaders to manage major capital project execution risk, today announced that they have entered into a definitive agreement pursuant to which Coreworx will acquire all of the outstanding securities of Decision Dynamics.

Exchange Magazine - University students skilled in blending scientific outlooks with business methods will explore how business, technology and science can sustain themselves at the Fusion conference to be held Friday and Saturday (March 5-6) on the University of Waterloo campus.

Exchange Magazine - Ontario is helping researchers in Waterloo Region make new discoveries that will improve the lives of people around the world while building our economy at home.

Sun2Surf - University College and the University of Waterloo, Canada, are offering the first Cooperative Actuarial Science programme in Malaysia through the American Degree Programme (ADP) pathway.

dotmed.com - Agfa HealthCare's U.S. organization is working collaboratively with Oracle and has entered into a new relationship that will benefit healthcare providers by enabling greater exchange of patient data and clinical images at the point of care.

MarketWatch.com - Annual Trans-Pacific Maritime Conference -- Descartes Systems Group, a federated global logistics network, unveiled its latest Global Logistics Management Suite for Ocean Freight, a suite of logistics applications. Working with leading shippers, non-vessel operating common carriers (NVOCCs), non-vessel operators (NVOs) and other service providers shipping ocean freight around the world, Descartes has made major enhancements to the ocean freight suite created specifically to address the needs of this logistics community.

Tungle, the slick cloud based scheduling tool has just tweeted that they are looking for beta testers. To get in, email bb@tungle.com and include your Blackberry model and OS version.

570 News - A Waterloo-based tech company is leading the way when it comes to high resolution aerial photogrammetry.

Exchange Magazine - Covington Capital Corporation ("Covington") is pleased to announce the completion of a CDN$2.5 million investment in Waterloo-based Aimetis Corp. as part of a total financing round of $5 million.

PR Newswire - Canadian Solar Inc. today announced its headquarters, located at 650 Riverbend Dr., is home to Kitchener's first Ontario Power Authority (OPA) approved microFIT (Feed-In-Tariff) solar installation. The 3.2 kW DC Canadian Solar system was installed on Canada's first C-2000 designated,Green on the Grand, office building using less than 50 percent energy and water normally used for a commercial building.

IT Jungle - A year ago, at the peak of the economic meltdown, application lifecycle and software change management software maker MKS was doing comparatively well financially as gauged by its peers in the software biz.

PR.com - CDM Media is pleased to announce that Open Text, the leader in Enterprise Content Management solutions, will share their resources with CDM Media’s healthcare community.