acquisition

  • Tessa Bousfield posted an article
    Victoria-based Carmanah Technologies has acquired marine navigation products see more

    Source: Times Colonist

    Carmanah buys Estonia marine lighting division

    Victoria-based Carmanah Technologies has acquired marine navigation products under the EKTA brand from Cybernetica AS of Estonia. “The EKTA products will strengthen our worldwide product portfolio and allow us to provide more comprehensive single-source solutions for our marine customers,” said Carmanah chief executive John Simmons. “At the same time, the assignment of Cybernetica’s sales contracts adds to our overall market share and our position as the dominant provider in Europe.” Carmanah paid 1.35 million euros for the products. The first million is due on closing and the rest on the first anniversary of closing.

  • Tessa Bousfield posted an article
    "Their unique manufacturing capabilities and ultra-high purity product lines will allow us to..." see more

    Source: Newswire

    VWR Acquires SEASTAR CHEMICALS Inc.

    RADNOR, Pa., Jan. 12, 2017 /CNW/ -- VWR (NASDAQ: VWR), the leading global independent provider of product and service solutions to laboratory and production customers, announced today that it has acquired SEASTAR CHEMICALS Inc., a manufacturer of high purity reagents used in the global research, laboratory and microelectronics industries. SEASTAR is a worldwide quality leader in manufacturing ultra-pure acid and base products used for detecting trace elements for environmental, food and semiconductor analysis and testing.

    "SEASTAR's leading products paired with their dedication to safety, quality, and innovation make them a strong fit for VWR," said Manuel Brocke-Benz, President and CEO of VWR. "Their unique manufacturing capabilities and ultra-high purity product lines will allow us to better serve our customers."

    Headquartered in British Columbia, Canada, SEASTAR was founded in 1987 and supports customers around the globe. SEASTAR utilizes proprietary purification technology, advanced analytical techniques and a highly customized bottling process to maintain ultra-high purity levels across their product portfolio.

    Financial details of this acquisition remain confidential.

    About VWR 

    VWR (NASDAQ:  VWR), headquartered in Radnor, Pennsylvania, is the leading global independent provider of product and service solutions to laboratory and production customers. With sales in excess of $4.3 billion in 2015, VWR enables science for customers in the pharmaceutical, biotechnology, industrial, education, government and healthcare industries. With more than 160 years of experience, VWR has cultivated a value proposition delivering product choice, operational excellence and differentiated services to improve our customers' productivity from research to production. VWR's differentiated services provide innovative, flexible and customized solutions from scientific research services to custom-manufactured chemical blends. Our dedicated team of more than 9,300 associates is focused on supporting scientists, medical professionals and production engineers to achieve their goals.

    For more information on VWR, please visit www.vwr.com.

    Media Contact:
    Valerie Collado
    Director, Corporate Communications
    VWR International, LLC
    484.885.9338
    Valerie_collado@vwr.com

    Investor Contact:
    John Sweeney, CFA
    VP, Investor Relations
    VWR Corporation
    Phone: +610.386.1483
    ir@vwr.com

  • Tessa Bousfield posted an article
    Redbrick has announced a definitive agreement to acquire Brazil-based DeskMetrics. see more

    Agreement sets plans in motion for next generation desktop software analytics

    VICTORIA, BC – April 5, 2016 – Leading desktop software analytics provider Redbrick has announced a definitive agreement to acquire Brazil-based DeskMetrics, a pioneer in desktop software analytics technology. The acquisition marks a key milestone, and the first major push in Redbrick’s aggressive growth strategy.

    “Our mission at Redbrick is to provide tools that enable developers to build more robust software. We are thrilled about today’s announcement, as it signifies an important next step in our growth and a natural progression for the Redbrick product line,” said Tobyn Sowden, CEO, Redbrick. “The synergies between DeskMetrics and Redbrick are undeniable and bringing them into alignment with our own product development allows us to truly spread our wings in the analytics business. This is a rare opportunity to combine two amazing pieces of technology with our management expertise and create the next generation of desktop software analytics.”

    “DeskMetrics’ technology answers the growing demand of desktop developers looking for a simple way to understand and improve user engagement. I am very proud of how far the product has come since its launch, and even more thrilled about the technical and management expertise that Redbrick will bring to the equation,” said Bruno Grossi, CEO, DeskMetrics.

    DeskMetrics was launched in October 2010, providing desktop software analytics to developers. The product filled the demand of a growing number of developers looking for ways to better-understand user engagement.

    Upon completion of the acquisition, all DeskMetrics assets will be included under the Redbrick umbrella, and comprise a core part of its product line. The next version of the product is set to be launched, officially, in early summer.

    About Redbrick

    Redbrick has grown into one of the leading desktop software analytics providers, delivering data-driven insights, and unparalleled expertise around user engagement. Redbrick is a trusted partner for thousands of software professionals, with over 2.5 billion events analyzed, and more than 500 thousand users, across 200 countries. For more information, please visit www.rdbrck.com

    Media Contact:

    David Davies

    Mobile: +1 250.744.7415

    E-mail: ddavies@harbourwerks.com

  • Tessa Bousfield posted an article
    Two BC companies join forces to create national network technology leader see more

    Two BC companies join forces to create national network technology leader

    Victoria, B.C. – April 4, 2016 – One of BC’s leading information technology companies, Victoria-based Charter, has acquired Boardwalk Communications, also of Victoria, in a move that will create a national network technology leader offering a full spectrum of products and services to customers across Canada.

    On its own, Charter has grown over the last 19 years into one of Canada’s foremost information technology (IT) network providers to clients operating some of the most critical networks in the country. Cited as one of B.C.’s fastest growing companies by Business in Vancouver, Charter is an elite value-added reseller of Juniper and Avaya network products; by acquiring Boardwalk, it will add Cisco products to its array.

    Founded in 2002, Boardwalk has consistently been one of the top Cisco network integrators in Western Canada, in terms of growth, with large healthcare and Fortune 100 customers as clients. With offices in Victoria, Vancouver and Regina, the company has continued to expand its reach and capture market share. 

    In addition to continuing to manage the operations of Boardwalk Communications, co-founders Andries Loubser and Philip Stone will also be joining the Charter management team.

    Said Boardwalk President Philip Stone: “An opportunity to continue and potentially accelerate our growth with a company like Charter that is so similar to ours in many ways was something we could not pass up. We are mutually respectful of the value that each company delivers and I believe that this will create a synergy and strength that is unparalleled in the Canadian market.”

    Charter president Kelly Michell called it “a coming together of highly-recognized, industry-respected, like-minded organizations with well-aligned values and operating principles.”

    “With very little overlap in the marketplace,” he said, “the companies’ combined strength and focus means we can offer the best in technology solutions with the highest degree of engineering expertise and customer service.”

    Charter will continue to be headquartered in Victoria. Charter also has an office in Vancouver as well as branches in Calgary, Edmonton and Toronto. With the acquisition of Boardwalk, the new company will have a combined workforce of over 80 staff, and will look for continued growth across Canada.

    While announcing the acquisition of Boardwalk, Charter also announced the appointment of Steven Kinsey as Executive Vice President of Strategy and Planning. Mr. Kinsey is a 16-year veteran IT network industry leader, and most recently served as the Vice President of Sales and Operations for Western Canada at Cisco Systems Canada.

    Said Charter’s Kelly Michell: “Steve’s track record in driving growth into new market sectors as well as major transformational projects for existing clients makes him an excellent addition to the Charter team.”

    In addition to his executive roles, Mr. Kinsey has been active in helping industry recognize the innovative role of technology in advancing their goals and objectives. He sits on the Board of Directors of the Michael Smith Foundation for Health Research where he is a member of the Finance and Audit Committee. He is also on the Board for the BCNET Advanced Research network, and is the Co-Chairman of the BCNET Applications Committee.

    About Charter:

    Charter is in the business of helping Service Provider and Enterprise clients build, maintain and operate secure, high performance communications networks and data center infrastructures. Founded in 1997, Charter’s success has been underpinned by adding tangible value to their Clients Solutions and Networks. Charter’s clientele can be defined as the Fortune 200 of Canadian business and ranges from medium to large size regional organizations to national and international corporations and provincial governments.

    Charter is headquartered in Victoria and has branch offices in Vancouver, Calgary, Edmonton and Toronto. While physically located in Canada, Charter operates on behalf of their clients throughout Canada, the United States and the rest of the world. Charter has successfully completed projects north of 60, Australia, U.S., Isle of Man, Singapore, Great Britain and Yemen.

    www.charter.ca

    About Boardwalk Communications:

    Founded in 2002, Boardwalk Communications is a leading services and solutions provider that works with customers to design, build, support and manage best practice IT infrastructures. Boardwalk’s customer base is comprised of many well-known enterprise organizations based in Western Canada.

    Recognized by Cisco as one of their top growth partners in Canada, Boardwalk’s focus on Cisco as a manufacturer partner offers their customers a very unique product and services experience. With offices in Victoria, Vancouver and Regina, Boardwalk is well-suited to serve enterprise customers across Western Canada.

    For more information or to interview Kelly Michell, please contact:

    Paul Sullivan, Breakthrough Communications
    Mobile: 604-603-7358
    Office: 604-685-4742
    Email: p.sullivan@breakthroughpr.com

    To view this press release in PDF format, please click: Charter Acquires Boardwalk Communications

  • Tessa Bousfield posted an article
    How VIATEC Member, Whiteboard Law, rocked the largest Okanagan deal see more

    March 16, 2016 - As many settled in for a cozy 2015 Christmas dinner, VIATEC member Whiteboard Law, was busy working away on a transaction valued at over $100 million. Whiteboard Law represented its client, Immersive Media (based in Kelowna), as it was being acquired by Digital Domain Holdings. This transaction was the largest deal to come out of the Okanagan since Club Penguin was acquired by Disney in 2007.

    Surprisingly the deal wasn’t done in one of the tall towers in Vancouver, but rather; quietly, efficiently and as planned by an innovative, virtual law firm. Whiteboard Law, founded by Jim Mutter, is an entrepreneurial firm with a focus on helping their clients build their businesses. The firm focuses on value based pricing and outcomes as opposed to time spent covering overhead. It uses leading edge technology to create maximum efficiencies, speed and quality. When setting up the firm Jim Mutter wanted to put the law firm model in a wind tunnel, anything that was not absolutely necessary for the functioning of a firm blew off. The outcome was a firm lean in size and flexible in service, allowing for more time with clients, getting to know their needs and offering solutions for their evolving businesses. 

    It is transactions like this that are the lifeblood of our technology community and economy. Deals like this happening in our province raise the profile, bringing greater awareness and ability to raise capital and attract talent.

    The fact that a transaction like this can be closed by a virtual firm utilizing technology to the fullest extent to provide efficient and broad services, means that technology companies can now have the benefit of top tier legal services in a way that makes sense to growing a business.    

    About Immersive Media
    Founded in 1994, Immersive Media is a digital imaging company specializing in spherical immersive video. Immersive Media creates fully immersive video experiences for companies like Disney ABC, American Express, Converse, Turner Broadcasting and Mountain Dew.

    Digital Domain Holdings Limited is the parent company of visual effects studio, Digital Domain, the creative computer generated images force behind some of Hollywood’s biggest blockbusters, including Iron Man 3, the Transformers trilogy, Maleficent, the X-Men franchise and Titanic.

    In 2010, Immersive covered some of the Vancouver Olympic Games for NBC, most notably webcasting The Today Show live for two hours daily in full 360-degrees. In 2011, Immersive Media partnered with Livestream to produce the worlds’ 1st live 360 stream of the Black Eyed Peas Concert from Central Park, New York City.

    Read the press release here

  • Tessa Bousfield posted an article
    FCV Interactive acquires Analytic Design Group Inc. see more

    VANCOUVER, BC - March 16, 2016 - FCV Interactive has added to its award-winning UX offering with the acquisition of Analytic Design Group Inc. (ADGi), a leading user experience consulting and design firm with offices in Vancouver and Seattle. The deal reinforces FCV's commitment to put users at the heart of everything it does, creating easy-to-use products and services that drive value for clients. 

    "We've been championing great user experiences as a competitive advantage for over nine years," says Warren Anthony, VP Customer Experience at FCV. "The ADGi team is a welcome addition as we continue to scale our efforts to help more organizations across North America make life better for their users."

    Founded in 2005 by Karyn Zuidinga, ADGi's CEO & Senior UX Strategist, the company advocates evidence-based design and has grown from a single practitioner to a vibrant team of digital professionals with a history of working with complex, multi-stakeholder organizations.

    "Over the last 10 years, ADGi has built a reputation locally and in the US for delivering outstanding UX solutions," says Zuidinga. "With FCV, we are thrilled to find an organization that shares our deep commitment to make technology work for people and enrich their lives. We can't wait to become part of such a dynamic UX team and the larger FCV family."
    "The acquisition deepens FCV's expertise in UX strategy, usability research and product UX even further," says Johann Starke, FCV's President & CEO. "And it helps us to deliver our user-focused blend of transformational strategy, customer experience, brand experience and technology to US-based clients."

    About FCV Interactive

    FCV Interactive is the user-focused transformation agency. Every day, we redesign organizations and create digital services that people love. With over a decade of expertise working with public and private sector clients, we deliver experiences that make life better. To learn more, visit fcvinteractive.com

    For more information:

    Lisa Brown
    416-362-8407 x2334
    media@fcvinteractive.com

  • Tessa Bousfield posted an article
    Carmanah used the EGP to support its acquisition of the Sabik Group of Companies see more

    15% more Canadian SMEs use EDC export guarantee in 2015 for international sales


    Export Guarantee Program surpasses CAD 1 billion mark

    More than 630 small- to medium-sized enterprises (SMEs) used Export Development Canada’s (EDC) Export Guarantee Program(link is external)(EGP) in 2015, a 15 per cent increase over 2014.

    The increase was driven, in part, by an evolution in the EGP’s level of coverage. Beginning in late 2014, EDC began guaranteeing up to 100 per cent of a bank’s loan to a Canadian SME, up from the previous limit of 75 per cent. As a result, the program surpassed CAD 1 B in annual volume for the first time in 2015.

    “The EGP is a difference maker because it makes it much easier for banks to say ‘yes’ to the financing requests of Canadian SMEs,” said Bruce Dunlop, Vice President, Commercial Markets and Small Business, EDC. “Regular access to financing is critical for SMEs to grow their business through trade, but global economic conditions continue to challenge domestic lenders when they consider providing trade financing. The EGP addresses the needs of the SMEs and their banks, so everybody wins.”

    The EGP is a risk-sharing guarantee that EDC provides to the bank of an exporter. It assures the bank that a percentage of a loan it provides to an exporter will be repaid. With the guarantee in place, banks can feel more comfortable lending larger amounts to Canadian companies, whether they are already exporters or planning to become exporters. This is especially important for SMEs that need financing to grow and meet the demands of new orders.

    “The rise in demand from Canada’s SMEs speaks to the versatility and flexibility of the EGP, which can be tailored to meet a small company’s needs,” added Dunlop. “The EGP is designed to meet the unique needs of SMEs when they want to break into new markets or purchase new equipment to take on important orders, or to support their international investments.”

    The following examples illustrate how EDC’s EGP has helped grow their businesses:

    Carmanah, a Vancouver-based manufacturer of industrial-grade LED lighting, used the EGP to support its acquisition of the Sabik Group of Companies. “For a small Canadian company it would have been quite difficult, or perhaps impossible, to arrange and structure debt on foreign assets without the support of EDC's EGP program. Their guarantee allowed our small Canadian company to complete a very important acquisition, and helped us become a leading worldwide contender in marine navigational aids and offshore wind marking(link is external) and safety schemes - two important clean technology industries." - John Simmons, CEO, Carmanah.

    JSS Medical Research(link is external), a Montreal-based global contract research organization, used the EGP to get the financing it needed to meet the demands of increasingly larger contracts: "JSS Medical Research was expanding both domestically in Canada and internationally in Latin America, the US and Europe. EDC stepped up by providing guarantees to our financial partners. They became a partner to JSS and now that we continue to grow into the Asia/ Pacific region, this collaboration is key to us in order to achieve continued growth.” - Dr John S. Sampalis, President and CEO, JSS Medical Research, and founder of the company.

    Canada Pooch(link is external), a Toronto-based manufacturer of outerwear for pets, used the EGP to facilitate a jump in its working capital needs after experiencing rapid growth. “EDC's EGP helped our bank provide us with a higher level of financing, which was a critical step in allowing us to take our business to the next level. As we move forward, EDC's EGP program will enable us to take on new projects and opportunities to drive continued growth." - Jacqueline Prehogan, President and CEO, Canada Pooch.

    About EDC

    EDC is Canada’s trade finance agency, providing financing and insurance solutions locally and around the world to help Canadian companies of any size respond to international business opportunities. As a profitable Crown corporation that operates on commercial principles, EDC works together with private and public-sector financial institutions to create greater capacity for Canadian companies to engage in trade and investment.

    For more information about how we can help your company, call us at 
    1-888-434-8508 or visit www.edc.ca(link is external).

    Spokesperson

    Simon Forsyth
    Export Development Canada
    (613) 598-3852

    siforsyth@edc.ca

  • VIATEC posted an article
    MediaCore is excited to announce that it has been acquired by Workday see more

    MediCore is excited to announce that it has been acquired by Workday!

     Stuart and the MediaCore team would like to share their thanks and appreciation to all friends and customers - please visit their website to see a message and video from MediaCore.

     Message and Video viewable HERE

     Great news MediaCore, congratulations! 

  • AXYS Technologies Inc. posted an article
    AXYS Technologies has signed a definitive agreement to acquire 100% of FLiDAR shares. see more

    AXYS Technologies Inc (AXYS) today announced it has signed a definitive agreement to acquire 100% of the FLiDAR NV shares.  

     

    Canadian-based and privately-held, AXYS has been a market leader in environmental monitoring for the last 40 years. In 2009, AXYS developed the WindSentinel™ floating LiDAR to meet the wind resource assessment needs of the offshore wind industry. The WindSentinel™ has since evolved into a dual-LiDAR platform, the most reliable and data-redundant floating LiDAR in the world.

     

    Belgium-based FLiDAR was formed in 2011 as a joint venture between 3E and Offshore Wind Assistance (part of the DEME group) to become a world-leading provider of floating LiDAR offshore wind measurement technology, well-known for its proven accuracy and exceptional European service team.

     

    Together, AXYS and FLiDAR are the leading supplier of floating LiDAR systems worldwide.

     

    Terry Tarle, AXYS President & CEO comments, “AXYS and FLiDAR share the vision of delivering the highest quality data to offshore wind developers of fixed and floating wind farms worldwide. By combining the strengths of both companies, this alliance will enable current and future clients to benefit from a deeper expertise in wind resource data collection, a wider offering of offshore measurement solutions, and an agile service team able to cover projects globally. ”

     

    “We are excited about the accelerated growth opportunities that this acquisition will bring for FLiDAR and our ability to meet more of our clients’ needs,” says Reinhardt Stevens, General Manager at FLiDAR. “We look forward to expanding our offering internationally to include metocean and wave buoys.”

    AXYS has plans to expand the capabilities of the current FLiDAR office in Belgium to include AXYS’ other offshore measurement offerings such as metocean buoys, TRIAXYS wave buoys, and the AXYS-APS Geo-portal. AXYS will centralize its’ complete European sales, service and engineering team from this new office which aims to continue product development through R&D projects which involve customers, strategic suppliers and commercially-focused research centers.

     

    The acquisition closed August 31, 2015. Contract terms have not been released.

     

    For more information on AXYS, becoming a strategic partner, or R&D initiatives please send an email to info@axys.com.

    AXYS Technologies (AXYS) is an ISO 9001 registered Canadian company with over 40 years of experience in the design, manufacture and installation of remote environmental monitoring systems worldwide. We apply our knowledge and experience to marine, freshwater, and offshore wind resource assessment systems that measure aquatic, oceanic, and atmospheric parameters specific to clients’ needs. AXYS has built and commissioned more than 500 meteorological and oceanographic systems of various types around the world, in over 50 countries. For further information contact AXYS at: info@axys.com or www.axystechnologies.com.

     

    FLiDAR N.V. Now a wholly owned subsidiary of AXYS Technologies Inc., FLiDAR N.V. was a joint venture established between 3E and OWA (DEME group), to build, service and commercialise a floating LiDAR based measurement device. It combines the experience of 3E, an independent consultant with more than 12 years of experience in offshore wind, OWA, a daughter company of DEME, the LiDAR supplier Leosphere and the buoy supplier Mobilis.  For further information visit the website at www.flidar.com.

     

    Media Contact:
    Robin Thomsen
    Marketing Manager
    rthomsen@axys.com
    T: +1 (250) 655-5860

  • Silkstart Importer posted an article
    The acquisition strengthens Illumina’s industry leading portfolio of genetic analysis solutions. see more

    SAN DIEGO–(BUSINESS WIRE)–Aug. 4, 2015Illumina, Inc. (NASDAQ:ILMN) today announced it has signed a definitive agreement to acquire GenoLogics Life Sciences Software, a developer of industry-leading laboratory information management systems (LIMS) for life sciences organizations. The acquisition strengthens Illumina’s industry leading portfolio of genetic analysis solutions.

    "The acquisition of GenoLogics demonstrates Illumina's commitment to drive the adoption of sequencing in new markets and improve the genomic information workflow," said Francis deSouza, President of Illumina. "Adding GenoLogics’ products to Illumina’s portfolio is another example of our continued commitment to bring innovative sample-to-answer solutions to research and clinical labs.”

    Adopted by over 120 genomic labs worldwide, GenoLogics’ Clarity LIMS™ software enables lab efficiencies and improved sample throughput with increased accuracy, fast turnaround, sample traceability, and preconfigured instrument integrations. GenoLogics has a number of current partnerships with Illumina, including the recently launched Clarity LIMS X, an edition of its industry-leading laboratory informatics platform that is optimized for use with Illumina SeqLab to address population-scale genomics workflows.

    “We are excited to join Illumina and carry on the innovative spirit that GenoLogics Life Sciences Software has been known for,” said Michael Ball, CEO of GenoLogics. “Illumina and GenoLogics have had a longstanding partnership and this acquisition will enable us to widen our distribution, accelerate our product development, and provide even greater support to the Clarity LIMS community.”

    GenoLogics will become part of the Illumina Enterprise Informatics business under the leadership of Sanjay Chikarmane, Senior Vice President and General Manager of Enterprise Informatics.

    The impact of this transaction was contemplated in the updated 2015 financial guidance Illumina provided on July 21, 2015. The acquisition is expected to close by the end of August.

    About Illumina

    Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as the global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture and other emerging segments. To learn more, visit www.illumina.com and follow @illumina.

    Forward-Looking Statements

    This release contains forward-looking statements that involve risks and uncertainties, such as the expected closing date of the acquisition. Important factors that could cause actual results to differ materially from those in any forward-looking statements include required closing conditions and the other factors detailed in our filings with the Securities and Exchange Commission, including our most recent filings on Forms 10-K and 10-Q, or in information disclosed in public conference calls, the date and time of which are released beforehand. We do not intend to update any forward-looking statements after the date of this release.

    View source version on businesswire.com: http://www.businesswire.com/news/home/20150804005242/en/

    Source: Illumina, Inc.

    Illumina, Inc.
    Investors:
    Rebecca Chambers, 858-255-5243
    rchambers@illumina.com
     

    Media Contact

    Name: Eric Endicott

    Phone: (858) 882-6822