In a decisive move to enhance its chronic pain management solutions, US-based medical technology firm Avanos Medical has announced plans to acquire Diros Technology, a manufacturer of innovative radiofrequency (RF) products used in chronic pain treatment. The financial terms of the deal were not revealed. The Toronto-based Diros Technology is a pioneering company in radiofrequency […]
Wipro said that it has opened the Wipro-AWS Launch Pad Center in Toronto to help customers in Canada expedite their journey to the cloud. The Wipro-AWS Launch Pad Center in Toronto is also expected to help customers develop innovative solutions by making use of the expertise of both Wipro and Amazon Web Services (AWS). Kim […]
VINCI Construction Grands Projets and Ferrovial have bagged a civil contract worth CAD 6 billion (€4.4 billion) from Metrolinx for the design-build-finance of a major portion of the new Ontario Line in Canada. Metrolinx is the transit authority for the Greater Toronto region. The project will be part of the 15.6km Ontario Line subway that […]
Tata Consultancy Services (TCS) has inaugurated TCS Pace Port Toronto, its fifth research and co-innovation center around the world, which will help Canadian firms in expediting digital innovations. TCS Pace Port Toronto houses an agile workspace, academic research lab, training space, and innovation showcase to promote quick prototyping, research, and commercialization of advanced technologies. Located […]
Junction Craft Brewery (JCB), a Canadian beverage producer, has acquired Woodhouse Brewing, an independent craft brewer in Toronto for an undisclosed price. The acquisition was carried out by a new parent company called Junction Craft Beverage Co. (JCBC). The brand portfolio of the new parent company will feature Junction Craft Brewery, Caribru, and Woodhouse Brewing. […]
ESO Solutions, a Texas-based data and software company, has acquired Toronto-based Interdev Technologies, a cloud-based electronic patient care record (ePCR) software provider, in a move to extend its footprint in Canada. The financial terms of the deal were not disclosed by ESO Solutions, which caters to emergency medical services (EMS), hospitals, fire departments, state and […]
Infosys said that it will set up a new digital development center at its largest Canadian office in Mississauga with an aim to nurture digital-ready workforce. The Indian IT services provider plans to generate 500 jobs in the Toronto region over the next three years. The Infosys digital development center, which will be spread over […]
US self storage company SmartStop Self Storage REIT said that it plans to develop a new self storage facility in the Greater Toronto Area (GTA) in Canada. In this regard, the self storage company has signed a purchase and sale deal to acquire nearly 1.2 acres of land in a retail shopping center, which will […]
Hub International, a global insurance brokerage, has acquired the life insurance product managing general agent business (MGA business) of Canada-based ivari for an undisclosed price. Headquartered in Toronto, ivari has a network of thousands of independent advisors in Canada which offer a range of life insurance products, that is claimed to help Canadians make the […]
Kinaxis acquisition of Rubikloud : Kinaxis, a Canadian supply chain management and sales and operation planning software company, has agreed to acquire Rubikloud, a provider of artificial intelligence solutions (AI solutions) for the retail and consumer packaged goods (CPG) industries, for $60 million in an all-cash deal. Rubikloud’s AI solutions are said to help in […]