WATERLOO TECH DIGEST
A free monthly compilation and analysis of news from high-tech companies in Waterloo Region & Guelph.

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January
·   Tech stock explosion creates first area billionaire
·   RIM & Nortel agree to technology & marketing partnership
·   Open Text shares jump on mixed quarter, biggest deal ever
·   CME Telemetrix disputes claims of Advantage Medical acquirer
·   GUARD appoints CME chairman as its new chairman
Plus news from Sonic Foundry, Finline, Dalsa, Control Advancements, PixStream, EMJ, Descartes, Sanga.

February
·   STOCK REPORT: Many new highs set in phenomenal month
·   Software Metrics acquired by Florida firm
·   PixStream raises $35 million, selects U.S.-based CEO
·   RIM signs deals with AOL, Compaq
·   AMSC partners with IBM to sell service that uses RIM device
Plus news from Open Text, Descartes, Com Dev, CME Telemetrix, Waterloo Maple, RDM, Virtek, Dalsa, Control Advancements, Agile, Entrade, Vital Innovations, MKS, Inscriber, Compelis.

March
·   STOCK REPORT: Turbulent month sends tech stocks reeling
·   Descartes moves toward becoming e-com pure play
·   Descartes forecasts doubling of software revenues this year
·   MKS reports accelerating product sales; CFO resigns
·   MKS warrant sale to raise $11.3 million
Plus news from GUARD, Nanodesign, Com Dev, Virtek, Open Text, RIM, RecycleNet, Nexsys-Commtech, Cyberplex, RDM, Finline, BlueGill, Compelis, Able-One, AXIA.

April
·   STOCK REPORT: RIM stock collapse brings national media to Waterloo
·   BlackBerry sales double, but RIM's top line plateaus, costs rise
·   RIM introduces new palm-sized device; will support WAP and Notes
·   RIM receives $34 million investment from federal government
·   Open Text reports revenue growth, first b2bscene.com customer
Plus news from Dalsa, MKS, RDM, INM, Virtek, GUARD, Treasury International, GeneFocus, Navtech, Ardesic, Waterloo Ventures, eBiz Ventures, Com Dev, Finline, Descartes, CME Telemetrix.

May
·   LiquiMedia evaporates at Ventures West
·   New CEOs at RDM, Ardesic; prez, CFO at Com Dev, COO at Finline
·   GUARD sells Nanodesign in deal valued at $15 million
·   Descartes closes long-rumoured deal with Ariba
·   Descartes software revenues show strong quarterly growth
Plus news from Endgame, iAnywhere, Com Dev, Virtek, CME Telemetrix, Finline, JPH International, Jedor, Agribiz.com, RDM, Freedom Intelligence, PixStream, Treasury International, Betacom, MapConnects.

June
·   STOCK REPORT: Schwab investment boosts RDM shares to new high
·   RIM enters "new stage" with higher spending, short-term losses
·   RIM moves into Europe with BT Cellnet agreement
·   Virtek share offering nets $18.8 million
·   Descartes raises US$75 million in debenture offering
Plus news from myCIO, MKS, CME Telemetrix, Focus Automation, PixStream, Navtech, Mapcheck, Treasury International, InStoreForACure.com, Finline, Dalsa.

July
·   Spicer unveils PrinterOn; announces $27.5 million financing
·   PrinterOn nabs ex-Waterloo Maple CEO as exec VP
·   MKS e-biz segment becomes Vertical Sky
·   MKS COO Mike Hubbert leaves the company
·   INM looks at merger with BCB Voice Systems
Plus news from Virtek, RDM, Dalsa, Finline, ATS Automation Tooling Systems, Macrosonic Innovations, Nexsys Commtech, Endgame, RIM, iAnywhere, CME Telemetrix, LiquiMedia.

August
·   Cisco to acquire PixStream for $550 million
·   ...and AOL acquires Quack.com
·   Ardesic raises $10 million -- led by Celtic House
·   Sirific Wireless receives $1 million seed financing
·   MKS shares tank after warnings of weak quarter, writedown
Plus news from Descartes, Com Dev, Open Text, CME Telemetrix, GUARD, INM, Finline, Kaparel, Pattern Discovery, RIM, RDM.

September
·   Former PixStream customer sues, says tech was all its idea
·   Com Dev receives technology, small investment from Qualcomm
·   Com Dev to raise up to $31.3 million through bought deal
·   RIM quarter shows strong sales for BlackBerry, handheld device
·   RIM hires former AT&T executive as COO
Plus news from Virtek, MKS, RDM, CME Telemetrix, TurboSonic, Kaparel, Navtech, EMJ.

October
·   PixStream agrees to pay UBS $25M to settle suit
·   JPH International acquired by French firm
·   Intellitactics raises US$6.5 million in first-round financing
·   RIM share offering raises $929.4 million
·   RIM founders and CEOs give $120 million for physics institute
Plus news from Descartes, Open Text, Dalsa, Rodin, Waterloo Maple, MKS, Finline, Packet Works, AccessTNG, Quack.com, INM.

November
·   MKS hits penny stock status after another weak quarter
·   MKS shuffle reunites Telular Canada team
·   German firm acquires stake in Kaparel
·   Cisco acquisition of PixStream expected to close this month
·   Entrade development office acquired by New York firm
Plus news from Descartes, Virtek, Open Text, Xign, CME Telemetrix, RIM, GUARD, Finline, Dalsa, PrinterOn, Intrinity, Agile Systems.

December
·   Looking back at 2000: successes and stumbles
·   Cisco closes PixStream acquisition
·   RIM beats expectations on strong BlackBerry growth
·   Com Dev reports highest quarterly revenues in company history
·   Descartes acquires business line from BCE Emergis
Plus news from CME Telemetrix, Open Text, RDM, Treasury International, Northern Digital, Finline, Mitra, JPH International, Dalsa, Endgame, Pattern Discovery.

Copyright © 2000 Gary Will