acquisition
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Nexalogy acquired by Datametrex for $5.75 million
On New Year’s Eve four years ago, Nexalogy CEO Claude Théoret was crossing names off of a sheet, those of his employees he had to lay off…
FinTech startup Mylo acquires Tactex Asset Management in a reversal of industry norms
Montreal-based FinTech startup Mylo today announced their acquisition of Tactex Asset Management. The acquisition is particularly interest..
Nimonik acquires Envitool to expand into Chinese market
Nimonik, the Montreal-based creator of mobile apps for environmental health and safety (EHS) legal compliance, today announced they have a..
Element AI acquires open-source machine learning database MLDB.ai
“They were already an unstoppable force in AI, and I knew we had to be part of their team”
– MLDB.ai’s Jeremy Barnes
Today it was anno..
Airbnb buys Luxury Retreats to boost high-end holdings
The acquisition of Luxury Retreats by Airbnb has been confirmed for an amount said to be between $200 and $300 million dollars made up of ..
‘We’re 100% Montreal now,’ mldb.ai CEO on acquisition
In October Montreal startup Datacratic announced it had been acquired by iPerceptions, a move that continued a trend of convergence in mar..
Moving to the US? What you need to know about CRA’s ‘Deemed Disposition’
Written by Virginia Anderson
If you move to the US you’ll want to cease your Canadian residency to avoid double taxation on your pe..
SweetIQ acquires California competitor
Montreal-based local marketing automation company SweetIQ is about to test the waters in the US market.
The startup bought the local ma..
Mega-successful iWeb trio play the startup game with Wealthica
Considering its cofounders sold their last business for $145 million, perhaps there should be more attention paid to new Montreal fintech ..
Medical platform PetalMD acquires Workoptics
Quebec City-based startup PetalMD has acquired a Mississauga-based workplace management platform in Workoptics.
With over 29,000 medica..
Acquisition roundup: Amaya Gaming, CakeMail make noise
Two Montreal companies made noise within buying and selling this week. Amaya Gaming Group Inc (Nasdaq/TSX: AYA) had its ownership structur..
Acquisition roundup: Nimonik, Averna both acquire competitors
Some familiar names in the Montreal tech ecosystem are surfacing after two Montreal-based companies recently acquired competitors.
Jon..
Groove gets acquired by Microsoft
Nearly four years of hard work has paid off for Montrealers Tri Nguyen, Bruno Sylvain and Eduard Lucic.
In an exclusive for MTLinTech, ..
PetalMD acquires pharmacy communication app Medago
Medago, a Montreal startup that built an app allowing doctors to easily communicate with pharmacists, has been acquired by PetalMD.
Pet..
Fibre Optic pros Fibrenoire acquired by Videotron for $125 million
Videotron has acquired fibre optic connectivity services company Fibrenoire from Novacap, a private equity firm, for $125 million.
The ..