Wahl on Tech
Andrew Wahl is a senior writer and columnist with Canadian Business. Since joining the magazine in 1998, he has covered a wide variety of topics, including technology, telecommunications, venture capital and leadership. His blog, Wahl on Tech, complements his regular magazine column, On Innovation, providing further insights into innovation and the business of technology in Canada.
Earlier this week, I attended an invitation-only event in Ottawa, which examined the future of the country's so-called digital economy. Hosted by Industry Minister Tony Clement, the day-long conference addressed a sweeping range of topics, including among others:
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It's official: Tundra Semconductor will be acquired by Integrated Device Technology (Nasdaq: IDTI), a larger semiconductor company based in San Jose, Calif. Shareholder approved the $120.8-million all-cash deal, which surpasses by some 40% the cash-and-shares price offered in a friendly bid earlier this year by Gennum Corp., a smaller Burlington, ...
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Many players in the telecom, mobile phone, financial services and retail industries sense opportunity in turning your phone into a wallet. How nice it would be, they think, to just wave your phone near a cash register and pay for groceries, or to send your kid some money by just ...
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Easy come, easy go. That's the attitude Gennum CEO Franz Fink took in an interview yesterday, after his company announced it would not match Integrated Device Technology's $6.25 cash offer for Ottawa-based Tundra Semiconductor. "Sometimes mergers and acquisitions aren't completed, this is just all part of doing business," said Fink ...
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Gennum has ended its bid for Ottawa's Tundra Semiconductor. Burlington, Ont.-based Gennum issued a press release this morning to announce it will not match the $120-million offer made April 27 by its larger U.S.-based rival, Integrated Device Technology (Nasdaq: IDTI), which is based in San Jose, Calif. It seems another ...
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[caption id="attachment_1596" align="aligncenter" width="300" caption="A plant stands in front of piles of waste paper being shipped to mainland China for recycling, at a collection site in Hong Kong on Earth Day April 22, 2009. (REUTERS/Tyrone Siu)"][/caption]
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An update to my recent feature story on Gennum's proposed acquisition of Tundra Semiconductor: as I reported, the initial price tag of $4.43 per share was indeed too good to be true.
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Despite the economic uncertainty, companies aren't giving up on innovation.
Although executives must be sorely tempted to focus on the severe and ever-changing challenges of the here-and-now, it seems that they are for the most part taking to heart the idea that research and development budgets should be protected from cost-cutting ...
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Ontario's Ministry of Research and Innovation unveiled a new $250-million plan today to stimulate the province's moribund venture capital industry. You can read my story on the initiative here. Please comment below—whether you're an early-stage investor, entrepreneur, or just concerned about the innovation economy, I would like to hear your ...
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