BlackBerry narrows losses and raises full-year outlook on higher second-quarter revenue

BlackBerry narrows losses and raises full-year outlook on higher second-quarter revenue

BlackBerry has announced a dramatic improvement in its fiscal second-quarter results, narrowing its losses and boosting its revenue, which has led the company to raise its full-year financial outlook. The Waterloo, Ontario-based cybersecurity and IoT company reported a net loss of $19 million for the three months ending August 31, down significantly from the $42 […]

Thinktum acquires Illustrate Inc. to emerge as no-code leader in insuretech

Thinktum acquires Illustrate Inc. to emerge as no-code leader in insuretech

Waterloo, Ontario-based Thinktum Inc. has announced the acquisition of Illustrate Inc., a company with offices in Overland Park, Kansas, and Toronto, Ontario. This pivotal move positions the merged entities as a leading force in the no-code Insuretech and life insurance industry, delivering state-of-the-art back-office solutions designed to save time, cut costs, and minimize errors for […]

PartnerHero acquires AI-powered conversation analytics platform Summatti

PartnerHero acquires AI-powered conversation analytics platform Summatti

PartnerHero, a customer operations outsourcing company, has acquired Canada-based conversation intelligence platform Summatti for an undisclosed price. Summatti, which is headquartered in Waterloo, Ontario, with its artificial intelligence (AI) driven platform enables customer experience teams to automate the process of reviewing conversations and surface real-time insights. The company’s founders Sid Bhambhani and Rashmi Bhambhani will […]