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Driving innovation in South East New Brunswick

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Innovation Daily from Innovation America | Archives | May Tech Talk Newsletter

May 17, 2012
Tech Firms React to NB's Innovation Plan
A shallow talent pool and a lack of good ideas may be a hindrance for New Brunswick’s technology sector, but greater co-operation between players is the key to spur growth, according to some of the province’s leading technology companies.

May 16, 2012
Province Needs Talent, Ideas: CEO
The 12-member innovation working group struck by Premier David Alward has now reported back to government on how the province can foster new innovation success. The group, led by Spielo Manufacturing founder Jon Manship, has suggested 38 recommendations to accelerate innovation in New Brunswick.

May 15, 2012
Innovation Working Group Presents Report
"It is time for government to be as forward-thinking and open to change as New Brunswick businesspeople, researchers, workers and students," Alward said. "I thank the academic and private sector leaders who served as our working group in developing the strategy."

May 10, 2012
A little Clarity for startup scene
Clarity Inc., launched May 3 by entrepreneur Dan Martell, is an online service that provides tech startups with a portal to find and contact new mentors, while giving the advisors a tool to manage calls from entrepreneurs.

May 10, 2012
Robert Campbell President of Mount Allison for being named Top 50 CEOs

May 10, 2012
Paul Gunn of Soricimed Biopharma featured in Atlantic Business Magazine

May 10, 2012
RtTech on CBC
A New Brunswick company has developed new software allowing companies to view real-time energy consumption

May 9, 2012
NBIF Invests $500,00 in RtTech
FREDERICTON, NB—The New Brunswick Innovation Foundation (NBIF) today announced a $500,000 investment in RtTech Software Inc. The Moncton, New Brunswick-based company, sells software tools that allow big industry to find and fix problems that cause downtime and energy overuse throughout their automated production systems.

May 7, 2012
Tech South East Partners with World Congress on IT
Tech South East is pleased to announce that it has signed a partnership agreement with the WCIT. Over the years, WCIT has become the world’s leading IT gathering, featuring prominent speakers, leading thinkers, and business leaders from all over the world. Convened under the theme of ONE Vision for a Global Digital Society, the Congress will take place in Montréal from October 22-24. WCIT 2012 will feature an exciting line-up of flagship events and inspiring keynotes.

May 7, 2012
Progress Magazine article features Erik Gingles "App-titude"(Page 11)
Erik Gingles was plagued by worrisome thoughts throughout 2011. Lying in bed at night, he'd mull over his predicament until he eventually drifted to sleep. When morning arrived, his anxious thoughts returned. What was the source of Gingles' anxiety?

May 4, 2012
Shad Valley: Fun-filled Event Showcases Science and Engineering for Grades 7-8
Solar race cars... 3D printers... Unmanned vehicles... Those are just some of the exciting things grade 7-8 students learned about at Shad Valley’s “Design Your Future” event. In celebration of National Engineering Month, the event showcased science and engineering in a dynamic environment. Almost 300 students from five Waterloo District schools attended. The goal was to inspire them to pursue science and technology education and careers.

May 3, 2012

Progress - People We Love: Trevor MacAusland

It’s a program with a bold objective, and it’s largely up to Trevor MacAusland to ensure that it’s realized. Kicked off in January, the Launch36 accelerator program aims to launch 36 Maritime technology start-ups in 36 months. “It was important for us to have a tangible goal that was bold and ambitious but not unrealistic,” says MacAusland, the executive director of Propel ICT, the New Brunswick-based tech organization behind Launch36.

May 1, 2012
Innovation the Way Forward: Alward
A new innovation agenda to be unveiled within days by the provincial government will usher a new age of growth in New Brunswick, one in which government nurtures and fosters innovation as the path to prosperity, Premier David Alward said Monday.
“We see innovation as the rocket fuel to drive our economy,” the premier told more than 100 industry leaders who were on hand for Innovative NB, hosted by Moncton-based Tech South East.

April 26, 2012
Innovation Canada, Evidence supports growing case for R&D investments
Bombardier is a classic Canadian innovation success story. In 1937, Joseph-Armand Bombardier launched a seven-passenger snowmobile, the first of his many commercially successful inventions. His company, which also spawned the Ski-Doo, grew to become a world leader in rail and aircraft manufacturing.

April 26, 2012

Université de Moncton Professor Combines Academics and Golf

Dr. Gaudet is pleased that his creation is now available on Apple’s App Store, “The app called iPerfectPutt performs a detailed analysis of golfers putting strokes and provides feedback to the golfer either sonically in real time, or statistically, graphically or with simulations that can be played back in video form”, explained professor Gaudet.

April 26, 2012
Perfect Putt Now Possible
It’s a golf pro for your pocket, an iPhone app that analyses your putts and gives you real-time audible feedback on your putting form, as well as graphical charts and video simulations of your efforts that you can study right on the course, or later at home.

April 25, 2012
Silicon Six: Flowtown’s Dan Martell launches Clarity.fm in Moncton
SAN FRANCISCO— There are 19 laptops open at Ritual Roasters, a coffee shop on the outskirts of San Francisco’s Mission District. Twelve are identical silver MacBooks. Only five are PCs.

April 25, 2012
VidCruiter named Top 25 Canadian Up & Coming ICT Companies

April 20, 2012
Research Drives Survival of Medical Learning Institutions

April 19, 2012
Enterprise Greater Moncton Launches its Online Business Plan Builder
Moncton, NB — As part of its Innovative Economic Development suite of services to new and existing businesses, Enterprise Greater Moncton launched its new Navigo online business plan builder tool today at the New Brunswick Community College in Dieppe.

April. 17, 2012
New Program to Encourage Growth in Gaming Sector
MONCTON (GNB) — A new initiative to encourage growth in New Brunswick's gaming sector, the New Brunswick Digital Media Development Program, was unveiled today by Economic Development Minster Paul Robichaud.

Apr. 13, 2012
2012 KIRA Award Finalists
“We are extremely excited this year to host the 14th Annual KIRA Awards in the Fredericton Convention Centre once again” said Co-chair Colleen Benson “With the knowledge industry playing such an important role in our daily lives and the economic health of our province, it is important to step back and recognize the amazing talent we have in New Brunswick”.

Apr. 10, 2012
Tech CEO Building on Lessons Learned
The test came in early February in Saint John. Fahey was part of a group of Maritime entrepreneurs selected to pitch ideas to a panel of tech-sector veterans. The panel included Brian Dunphy, one of the key figures behind local tech darling Radian6, which was sold last year in a deal worth nearly $350-million in cash and stock. Also present was Gerry Pond — a key mentor and angel investor in the Maritime technology scene.

Mar. 30, 2012
International Mobile Apps Development Program Announced

To drive innovation and business opportunities in Finland’s mobile ecosystem and beyond, Microsoft Corp. and Nokia will each invest up to 9 million euros into a newly established mobile application development program at Aalto University during the next three years. The AppCampus program has been set up to foster the creation of innovative mobile applications for the Windows Phone ecosystem, and in addition, Nokia platforms, including Symbian and Series 40, to create a new generation of self-sustaining mobile startups.

Mar. 26, 2012
Atlantic Cancer Research Institute Named Charity of Choice for Ignite 2012 Conference
The Ignite 2012 Conference, which features keynote speaker, Erin Brockovich, is taking
place on April 26th, and will bring over 1,000 business people, community leaders,
entrepreneurs and students together to learn from individuals who know what it means to
lead movements, break through barriers, and innovate in our face-paced world.

Mar. 22, 2012
Competitive Analysis 2012 Study Released

Highlights from the 2012 report include:

Among the nine mature markets studied, Canada ranks third for business costs.
Moncton came out on top ahead of 15 other featured Canadian cities including Toronto, Montreal, Calgary and Vancouver.
Among the mature markets, Canada is the most cost-competitive country for digital operations.

Mar. 22, 2012

Breviro Caviar and Soricimed win Innovation Challenge

A promising new cancer treatment and a proposal to get more caviar out of St. John River sturgeon are the winning projects in the New Brunswick Innovation Foundation R3 Gala’s first Innovation Challenge.

Mar 20, 2012
What are science labs all about?
It’s not often that students in Middle school have the opportunity to step into a university science lab and take part in hands-on experiments and demonstrations. Last Friday, 80 students from Marshview Middle School (Sackville, NB) did exactly that for the entire morning.

Mar 14, 2012
Launch36 Doubles Capacity Early On
Trevor MacAusland laughs at the notion of turning Launch36 into Launch72. For the past few months, the head of Saint John-based PropelICT has been working hard to launch Lauch36, a program designed to take 36 companies to a market-ready stage over three years.

Mar 14, 2012
Three NB Researchers to Receive Award for Excellence in Applied Research
FREDERICTON, NB - The New Brunswick Innovation Foundation (NBIF) today announced the recipients of the 2012 R3 Innovation Award for Excellence in Applied Research. The award will be given at NBIF's R3 Gala on March 21, 2012 at the Fredericton Convention Centre. The award recognizes the research results of NBIF funded researchers whose innovations are making a major impact on business and society.

Mar 13, 2012
Concert for a Cure Benefit Concert to Support Two Local Cancer Organizations
The Harley’s Heroes Relay For Life team announced today that they will be hosting a benefit concert in support of two local cancer charities.

Mar 9, 2012
L’Université de Moncton’s Humanitarian Mission to Haiti 2012 welcomes George Laraque, former NHL player
L’Université de Moncton’s Humanitarian Mission to Haiti 2012 is getting a great boost as it prepares for the mission that will take place next May. The son of Haitian immigrants and former winger of the Montreal Canadians, GEORGES LARAQUE, has graciously accepted an invitation by the group and will be in Moncton March 16th and 17th.

Mar 8, 2012
Finding Success with NB StartUp
It was just a routine flight. But then Karina LeBlanc got talking to her “chatty” seatmate — a venture capitalist named Gregory Phipps, then connected with the Business Development Bank of Canada. “Sometimes you tell people your life story on an airplane, despite the fact that you don’t know who they are,” recalls LeBlanc, the freshly appointed executive director of the University of New Brunswick’s Pond-Deshpande Centre for Innovation and Entrepreneurship.

Mar 8, 2012
Moncton Company Bringing Archie to Life
Moncton-based Gogii Games has joined forces with Archie Comics to create a new interactive game based on the comic book world of Riverdale. The interactive Archie game will be free to play and accessible to users in multiple languages and devices. Gogii Games operates out of a design studio on Main Street in Moncton and has developed many games, including one based on Shannon Tweed, wife of KISS bassist Gene Simmons.

Mar 7, 2012
R3 Innovation Challenge Finalists
Here are your 2012 R3 Innovation Challenge Finalists. Watch the CBC News New Brunswick and read the Telegraph-Journal starting March 12 for feature stories about each company's innovation. Then vote for which company you think should win the CBC Viewers' Choice Award at cbc.ca/nb.

Mar 7, 2012
Fostering a Culture for Innovation
“Each of our countries has a long history of resilience, the world has not done well betting against our people,” began United States ambassador to Canada David Jacobson Feb. 29 at the Centre for International Governance Innovation (CIGI) in Waterloo.

Mar 2, 2012
Innovation Expert Hal Gregersen to Speak at R3 Gala
GALAFREDERICTON, NB - The New Brunswick Innovation Foundation (NBIF) today announced that INSEAD professor of leadership Hal Gregersen, co-author of the popular book The Innovator’s DNA — Mastering The Five Skills Of Disruptive Innovators will give the keynote presentation at its third bi-annual R3 Gala on March 21st at the Fredericton Convention Centre.

Mar 1, 2012
Premier Announces Structural Changes
FREDERICTON (CNB) — Premier David Alward announced today a structural reorganization designed to streamline administration, improve performance and better align existing resources with government renewal goals.

Feb 27, 2012
Bridging the Gap Between Doctors and Hackers to Upgrade Health Care
Among some computer geeks, it’s the Hacker Way: A loose model for rapidly solving problems through intense, inexpensive jam sessions among software programmers and web designers, with little planning and total freedom.

Feb 24, 2012
Metro Businesses See Opportunities in Shipbuilding
The federal government’s $33-billion shipbuilding contract will provide jobs and opportunities in Moncton and the rest of New Brunswick, but companies and individuals need to get organized or miss the boat. “The key is getting your ducks in a row,” says Mike Vincent of Riverview, the managing director of the Atlantic Metal Working Association, a new organization that represents metalworking businesses. “You have to have a quality assurance plan and you have to have your controlled goods certificate just to get started, and a lot of the small medium-sized enterprises won’t have that. So it is about not missing the opportunity that is presenting itself.

Feb 24, 2012
Fate of Research Institute Unknown
FREDERICTON — University and provincial officials continue to hold their breath over the fate of a venerable research institute located on the University of New Brunswick’s Fredericton campus. But it appears it will take at least two more months — and a federal budget — before anyone has a clear idea about what will happen to the National Research Council’s Institute for Information Technology (NRC-IIT). UNB president Eddy Campbell said in an interview Thursday there are still concerns the institute, which specializes in research and development, may cease to exist as the NRC refocuses its work.

Feb 24, 2012
Teacher Makes Science Fun
HILLSBOROUGH — With his tie-dyed lab coat and bright yellow safety goggles, high school science teacher Bryan Ouellette likes to ham it up in front of the camera while making science fun for his students.
“Yes, you CAN try this at home,” he says while dropping a handful of Mentos candy into a two-litre bottle of Diet Coke and jumping back as the pop spouts like a geyser into the air.
Welcome to the Caledonia Regional High School Science and Technology Club, an after-school project where students have fun with experiments while shooting their own TV show called Down 2 A Science.

Feb 22, 2012
Restigouche CBDC Heads Digital Initiative
Campbellton — The Restigouche branch of the Community Business Development Corporation (CBDC) has received more than $1.6 million in federal funding to design a national digital skills development program. Bernard Valcourt, who is federal Minister of State for Atlantic Canada Opportunities Agency (ACOA) as well as the M.P. for Madawaska-Restigouche, made the announcement on behalf of Diane Finley, Minister of Human Resources and Skills Development, at a press conference at the Restigouche CBDC in Campbellton on the morning of Feb. 21. In attendance were numerous mayors and business people from across the county.

Feb 22 2012
Shipbuilding Brings Business to Moncton
Metro Moncton business operators who want to learn about becoming a supplier or subcontractor to the federal government’s $33-billion shipbuilding project should attend an information session in Moncton Thursday morning. The information session will be held Thursday from 8 a.m. to 12:30 p.m. at the Future Inn on Lady Ada Boulevard, just off Mapleton Road.

Feb. 14, 2012
Bathurst Firm Inks Deal with Que. Tech Company

Sentinel Systems Ltd. has signed a deal that distributes its disaster planning technology to 900 municipalities in Quebec.

The Bathurst-based firm signed a distribution deal with Quebec technology company PG Solutions, which provides financial and land-use management software to hundreds of municipalities in that province.

Feb. 13, 2012
Create-your-own-App Product to Launch in Moncton

A Moncton entrepreneur is hoping to revolutionize the way mobile applications are created by launching a new product that allows people to develop their own app within minutes.

Currently, it can take computer programmers about three months to build a mobile app that helps users access the internet on their portable devices, said Simon Gauvin, the chief executive officer of Agora Mobile Inc.

Feb 09, 2012
Council Announces TechIdol Competition

Today the NBITC, in partnership with Equal6, is pleased to announce "TechIdol", a programming competition for high-school, community college and university students.

On February 20th, JD Irving, VinVox, CGI, MCCain, Mariner Partners, T4G and ClinicServer will each post a software development challenge. Students are invited to develop and submit their solutions, after which the companies will review the submissions and each select a winner, who will receive a cash prize of $500

Feb 09, 2012
Propel ICT Announces First Startup Cohort - 11 (yes, 11!) Companies Selected
Moncton, NB, Canada - Propel ICT announced today the names of the 11 emerging companies selected to participate in the first-ever cohort of Launch36 - a program designed to accelerate the growth of Atlantic Canada’s startup technology sector.

Feb 03, 2012
One Breath Away from Diagnosing Disease
Breath has been described poetically as the bridge that unites your body to its thoughts. Breath can also provide a window to the body’s health.
For at least as far back as the fifth century BC, when Hippocrates recognized the sweet, fruity odour signalling diabetes, the distinctive fishy reek of advanced liver disease and the urine-like smell associated with failing kidneys, physicians have used breath odour as a tool in diagnosing diseases.

Feb 03, 2012
Entrepreneur Overcomes Challenges to get App of the Ground

As Erik Gingles watched a world junior hockey tournament live on TV last January, the camera froze at a crucial moment in the game. He could hear the commentary but see no action.

Frustrated, he thought it would be great if someone was streaming the game live from the arena using a smart phone. It would be even better if there were multiple streams from people sitting in different sections of the arena, which he could link to.

Feb 02, 2012
ACRI World Cancer Day 2012
World Cancer Day, which takes place every year on February 4th, is the singular initiative under which the entire world can unite together in the fight against the global cancer epidemic. With research facilities located in Moncton, New Brunswick, the Atlantic Cancer Research Institute (ACRI) is part of an integral world-wide scientific community helping to put the pieces of the cancer puzzle together.

Jan 30, 2011
CBC Online Broadcast: Pierre Battah - High Tech Help

Jan 30, 2011
Guest Blog: Pierre Battah - Great ICT Careers to be had!
My son is a self-avowed computer geek, he eats sleeps and dreams about computers and networks and their potential to cure all that ails humankind. He is under the mistaken assumption that in order to do challenging, a.k.a. cool work in emerging technologies he will need to leave southeastern New Brunswick for a large Canadian city or to the US. He is sadly mistaken.

Jan 30, 2012
Robots Take On Zombies at Competition
It was zombies versus robots at the University of New Brunswick’s Head Hall on Saturday afternoon as teams took part in the 11th annual robotics competition. Hosted by the university’s electrical and computer engineering department, the event — also know as Blitzbotica — attracted 13 teams this year, including ones from Fredericton, Saint John, Caraquet and Calgary, Alta

Jan 27, 2012
State of the Province Speech

Jan 27, 2012
Alward Touts Focus on Change, Innovation
FREDERICTON — A focus on change and innovation is essential to facing down the challenges that worry New Brunswickers today, Premier David Alward said. Speaking during a question-and-answer session following his annual state of the province speech on Thursday night, Alward said that will be true whether it’s in finding ways to help New Brunswick make its mark in new or established industries, as communities pool services to cut costs.

Jan 26, 2012
Tech Trends Outlined
Approximately 100 New Brunswick business professionals attended an early morning Technology, Media and Telecommunications Predictions seminar in Saint John on Wednesday, hoping to gain insight into current and future national and international technology trends.

Jan 26, 2012
Finding Cancer in Breath Samples
Picomole Instruments Inc. announced Wednesday it will collaborate with the Atlantic Cancer Research Institute to evaluate the potential of Picomole’s infrared-based breath analysis technology to detect lung cancer.

Jan 25, 2012
Picomole and ACRI Enter Into Research Collaboration
Moncton(NB) — Picomole Instruments Inc. announced today that it has entered into a collaboration agreement with the Atlantic Cancer Research Institute (ACRI) to evaluate the potential of Picomole’s infrared-based breath analysis technology to detect lung cancer.

Jan 25, 2012
Author to Hold Tech Start-Up Bootcamp
Entrepreneurs gathered for Maurya’s boot camp will glean information for refining their business model. They will then return to Saint John on Feb. 4 to pitch their startup idea to a panel of tech sector veterans. The top half-dozen companies will be asked to join Launch36. Over five months, they’ll receive mentorship, access to angel investors and advice on everything from marketing to product development. The point: to boost the odds of those companies finding success.

Jan 24, 2012
Tech Companies get $1.75M Investment
Three emerging technology companies in Saint John have received a combined investment of $1.75 million from GrowthWorks Atlantic Venture Fund Ltd., the company announced on Tuesday.

Jan 24, 2012
New Tech Investments Coming
GrowthWorks Atlantic will be announcing new investment in local technology companies at a press conference at 2 p.m. on Tuesday. Premier David Alward and CEOs from the respective companies will be at the event at the Hilton hotel in Saint John to discuss innovation and entrepreneurship.
Growthworks Atlantic, a multimillion- dollar venture capital fund, focuses primarily on IT, life sciences and clean technology.

Jan 23, 2012
NB Company Partners with Asian Airline
New Brunswick-based InteliSys Aviation Systems is expanding in the Asian market by partnering with a new airline in Vietnam. The IT company, which is located in Shediac has signed a three-year contract with VietJetAir to provide reservation systems to Vietnam’s first private airline. All bookings for the new airline go through InteliSys servers in New Brunswick.

Jan 22, 2012
NB Claims Awards at Canadian Startup Event
New Brunswick entrepreneurs came out on top in three out of six categories at the first annual Canadian Startup Awards. Gerry Pond, chairman of Mariner Partners, Inc., won the 2011 Canadian Angel award. An “angel” is categorized as an early-stage investor who is not related to the founders of the startup company. Radian6 and the company’s trio of entrepreneurs, Marcel Lebrun, Chris Newton and Chris Ramsey, won the award for Most Significant Acquisition of 2011 and Canadian Entrepreneur of 2011.

Jan 19, 2012
NBIF Launches $100, 000 Innovation Challenge
Open to New Brunswick-based companies, the two with the most innovative and commercially-viable ideas will each receive $50,000 worth of research and development services at a New Brunswick post-secondary institution or research organization.

Jan 19, 2012
T4G Lmited and Mazido Offer Canadians Financial Mobility
T4G, an award-winning IT consulting services company with offices across New Brunswick, has been working with Mozido, a cloud payment network, over the last year and a half in the Caribbean to launch a multi-channel transaction services platform. T4G is currently working with the company to expand its presence in Canada.

Jan 18, 2012
Intelligent Community Forum Announces Top Seven Intelligent Communities of 2012
The following communities, drawn from the Smart21 of 2012, were named to the Top Seven based on analysis of their nominations by a team of independent academic experts.

Jan 18, 2012
VietJetAir, VietNam’s First Private Airline Takes Off
In September, 2011, VietJetAir signed a multi-year agreement with InteliSys for the amelia reservation system and implementation was achieved in record time.

Jan 10, 2012
Atlantic Cancer Research Institute Assumption Life Holiday Challenge Campaign a Success!
We are pleased to announce that the campaign, being tracked at www.cancerresearchsaveslives.ca raised $38,030 for ACRI.

Jan 4, 2012
Breath Analyzer Can Detect Diabetes and Kidney Failure
John Cormier is quite certain his medical equipment will help shape health care for the better.

But exactly how - or when - that will happen is yet to be determined. "I would not presume to know where the best fit is for this in the health care system," Cormier says of the technology being developed by his Moncton-based company, Picomole Instruments Inc.

Jan. 3, 2012
Mentorship Finds a Means on Website
Dan Martell has a favourite expression that explains how entrepreneurs are nurtured and do great things. "It takes a village to raise an entrepreneur," he says. And he adds that, in New Brunswick, the village is more than willing to help.

Dec. 20, 2011
Entrepreneur Puts Faith in Gingle

The video can also be streamed to iPads and to gingle's website: gingle.tv. The website displays a map of the world, with small pins marking the locations of currently streaming videos. Tap on a pin and you can instantly watch what that particular user is streaming, from a storm surge at a local beach to a political uprising halfway around the world. The videos are also archived for later viewing.

Dec. 17, 2011
UdeM Announces co-op Recruitment

The Université de Moncton and its Co-operative Education Office have announced to employers that the recruitment period for the Spring-Summer 2012 (May to August) Co-op work term has begun. Employers looking for summer students to employ may submit their work term offer directly at www.umoncton.ca/coop by Jan. 19, 2012 for the first round of recruitment.

Work terms are available in 17 co-op programs and students are motivated to work for your company, department or organization and are eager to put their skills to work for you!

For inquiries, please contact the Co-operative Education Office at UdeM: (506) 858-4134 or coop@umoncton.ca

Dec. 15, 2011
Moncton Inventor's Creation Diagnoses with Breath Samples
To benefit from the game-changing medical diagnostic tool the company is now developing seven storeys above downtown Moncton, a person must merely exhale, something that Dr. John Cormier expects you should be able to do as early as next year in your general practitioner's office, once the company's prototype begins commercial production.

Dec. 9, 2011
ICF to Announce First International Institute in Stratford, Canada
On December 21, ICF Co-founder Louis Zacharilla will announce the first international Institute for the Study of the Intelligent Community in the city of Stratford, Ontario (Canada).

Dec. 9, 2011
Radian6 Keeps Growing and Growing and Growing
Formed in 2006, Radian6's software allows businesses to track - and react to - what is being said about them online. The company now has more than 3,000 customers and its client list boasts more than half the Fortune 100, including Dell, Microsoft and PepsiCo.

Dec. 9, 2011
Deal to Buy Q1 Labs by IBM was Months in the Making
On Oct. 4, IBM announced plans to buy Q1 Labs. Financial terms were not disclosed, although it's been reported the deal was worth roughly $650 million. In the acquisition, the company became the centre of the newly-formed IBM security systems division, representing the world's most comprehensive security portfolio.

Dec. 8, 2011
Survey to Map Out ICT Industry
The new initiative was established to get a more accurate picture of what the sector looks like in the province and the impact it's having on the provincial economy. The plan is to use the data to help shape policy aimed at increasing ICT's contribution to the economy, and to establish a baseline that can used to determine the effectiveness of new and existing programs.