Cindy Waxer

[Toronto, CANADA] IPO activity in 2000 outpaced the performance of 1999, thanks in large part to both technology and financial services organizations. And contrary to financial folklore, which counts Canadian companies among those drawn to the larger U.S. capital markets, there were actually very few who took their initial offerings south of the border. These […]

[Toronto, CANADA] Everything old is new again at Worldwide Data Inc. Romeo Colacitti, chief executive officer of the holding company whose sole asset is Worldwide Online Corp., an application service provider, has announced that Stan Krupinski, one of the original co-founders of the company is returning as chief executive officer. Colacitti will assume the role […]

[Toronto, CANADA] Why painstakingly earn expertise when you can simply buy them? At least that seems to be the thinking behind SKG Interactive Inc.’s latest move – the intended acquisition of all the outstanding shares of an eCRM (Customer Relationship Management) and marketing firm. Subject to regulatory approval, the total consideration for this acquisition is […]

[Toronto, CANADA] As if finding Stone Cold Steve Austin’s mug on every T-shirt, television screen and trading card weren’t bad enough, thestar.com, the Web site of Canada’s daily newspaper, The Toronto Star, and Live Audio Wrestling Inc. have teamed up to bring the wrestling phenomenon to the Internet. The new wrestling showcase, found within thestar.com’s […]

[Toronto, CANADA] In what can only be considered a 180-degree turn in today’s venture capital community, 360 Capital Corp. has launched its VentureLink Fund, an online venture capital network for early stage Canadian technology, Internet, telecommunication and biotechnology companies seeking funding from both sides of the border. It’s a surprising move in light of the […]

[Toronto, CANADA] There’s nothing like a cool CDN $50-million to soothe a CEO’s soul. But according to financial pundits, Everest Broadband Networks’ third round of financing is more than simply a healthy infusion of venture capital. It’s the anchor that will steady this high-speed Internet access provider when the much-anticipated wave of consolidations hits the […]

[Toronto, CANADA] In an effort to ensure profitability in 2001, Cyberplex Inc. plans to chop its workforce by 20 percent whittling its overall headcount down to 264. By issuing pink slips, the Toronto-based Internet professional services firm hopes to consolidate its current production facilities and streamline its non-billable functions. The company will redistribute its current […]

[Toronto, CANADA] If Oprah Winfrey can turn a televised book club into a multimillion-dollar enterprise, then Globe Interactive should be able to leverage the Internet as an online forum for literature lovers. Or at least that’s the thinking behind globebooks.com, an online destination for Canadian book enthusiasts operated by Globe Interactive, a part of The […]

[Toronto, CANADA] Canadian automotive retailers might be puttering along, but that hasn’t stopped Carbiz.com Inc. from shifting into high gear. The Toronto-based provider of software and Internet solutions to the North American automotive industry has announced that its sales for the third quarter period ending October 31, 2000, totaled $2,248,894 (CDN), an increase of 222 […]

[CANADA] Trilogy Retail Enterprises has extended the expiry time for its December 11, 2000 offer to acquire 4,888,000 common shares of Chapters Inc. to 5:00 p.m. EST on Wednesday, January 24, 2001. The initial expiry time for the takeover bid was 5:00 p.m. on January 3, 2001. Trilogy is a private company owned by Gerald […]

[Toronto, CANADA] Heralding the end of an almost three-year legal battle, SIRIT Technologies Inc. has announced that as a result of the completion of the December 22, 2000 merger between Bracknell Corp. of Toronto and Able Telcom Holding Corp. of Atlanta, the Toronto-based company has received 3,287,674 Bracknell common shares. Following a hearing held on […]

[CANADA] A cacophony of screaming beepers and shrieking cell phones might have helped IT professionals ring in the new millennium last year, but the hours leading up to 2001 are expected to be relatively undemanding according to an informal survey conducted by workopolis.com, Canada’s job site. Only 4 percent of respondents say they will be […]