January 2002
· Dalsa to acquire foundry, image sensor unit; raises $23M
· Dalsa sales climb slightly in 2001
· ADexact looks for new CEO
· V Technology returns Focus to Waterloo owners
· STOCK REPORT: Dalsa shares up 77% in three months
Plus news from Open Text, RDM, Mitra, Com Dev, BNW Software, Biomedical Photometrics, RIM, Gensel, JPH International, Systematic.
February 2002
· Feldgajer sues VoiceIQ; company closes Waterloo operations
· QJunction shut down by investors three months after relaunch
· ARISE plans to go public with $1-3M IPO
· Descartes ends year with US$59M loss; losses to continue
· Dspfactory raises additional $5M; brings total raised to $21M
Plus news from IBM, CheckFree, Open Text, Virtek, Com Dev, Endgame, CME Telemetrix, Avvida Systems, Covarity, EMJ, Biorem, 3C Infotech, RIM, PrinterOn, Turbosonic, Cyberplex, Finline.
March 2002
· Virtek CEO resigns after $7M loss in fiscal 2002
· CheckFree i-Solutions cuts 60 jobs in Waterloo
· Big bonuses for Com Dev executives
· CME still working toward accuracy targets
· Navtech records small quarterly profit
Plus news from Cyberplex, RDM, Fakespace, Dalsa, Meikle Automation, Handshake Interactive, TurboSonic, Gensel.
April 2002
· Open Text achieves record earnings despite slow software sales
· Dalsa maintains million-dollar profit in soft quarter
· RIM sales climb 33% in fiscal 2002
· RIM to license technology to other device manufacturers
· Com Dev CEO tells shareholders he deserved big bonus
Plus news from RDM, Cyberplex, iAnywhere, Intellitactics, VoiceIQ, Descartes, CME Telemetrix, Navtech, Com Dev, Virtek, GeneFocus, SlipStream, Dspfactory, Betacom.
May 2002
· Com Dev to spin off M/ERGY after another cash-draining quarter
· SlipStream Data receives $1.5M investment
· Dspfactory gets $4.6M TPC investment
· CME CEO gets big bonus despite dismal stock performance
· NDI acquires Swiss partner
Plus news from Descartes, Virtek, Finline, RIM, Open Text, Fakespace, Dantec, Biorem, SRE Controls, TurboSonic.
June 2002
· Virtek sells biotech instruments business to large U.S. firm
· Sybase becomes first tenant for UW research & tech park
· Intellitactics receives US$2 million follow-on investment
· Descartes erases another 120 jobs world-wide
· MKS improves bottom line in 2002; forecasts 30% growth this year
Plus news from Navtech, Mitra, BlueNexus, ARISE, RIM, Onlinetel, Senesco, UW, Finline, Com Dev, Sandvine, Open Text.
July 2002
· Acquisitions help Dalsa double revenues
· RDM reports record sales from new business units
· Open Text shows new account strength in record quarter
· Waterloo's Philips Analytical acquired by U.S. company
· Former JPH business acquired by knowledge management firm
Plus news from RIM, ATS, MKS, PrinterOn, Cyberplex. Dspfactory, Sirific, Waterloo Maple, Global Beverage Group, Descartes, Com Dev, Handshake Interactive, Onlinetel.
August 2002
· Com Dev gives M/ERGY to Broadband executives
· Com Dev CEO to step down; jobs cut as sales decline expected
· Descartes reports big losses in provision-filled quarter
· MKS' year begins slowly, but big finish expected
· STOCK REPORT: Dalsa overtakes Descartes in market value
Plus news from CME Telemetrix, ARISE, Onlinetel, Virtek, Dspfactory, RIM, Finline, VideoLocus, Fakespace.
September 2002
· Open Text offers to buy Centrinity in $30M deal
· RIM ready for "major breakout" this fall; lowers forecasts
· MKS sues customer, claims US$10M in damages
· RDM files copyright infringement suit against large competitor
· Dalsa receives $1.7 million TPC investment for digital cinema
Plus news from Virtek, Navtech, Meikle Automation, Com Dev, Dspfactory.
October 2002
· Com Dev seeks court approval to pay $19M debt with $2M in shares
· Dalsa records another strong quarter with profits of $3.7M
· Open Text reports earnings of US$5.4 million in Q1
· New CEOs for Sirific, ADexact
· STOCK REPORT: Big month for big caps
Plus news from Medicalis, MKS, Intellitactics, Onlinetel, Descartes, Global Beverage Group, Dspfactory, RIM, ARISE, Virtek.
November 2002
· RIM chops over 200 jobs
· Jury says RIM infringed on patents; awards US$23M to US company
· Sirific closes $18M round of funding
· Dalsa raises $18M million with share offering; CEO gets $20M
· VideoLocus acquired by NYSE-listed company
Plus news from Philips Analytical, Descartes, IMS, ARISE, Fakespace, Open Text, UW, SlipStream, Onlinetel, RDM, CME Telemetrix, Finline.
December 2002
· 2002: The year Dalsa broke through
· Virtek looks for acquisitions, FONA partner
· RDM reports first annual profit in years
· ADexact shuffles management team
· MKS expects first profit in three years this quarter
Plus news from Com Dev, RIM, Agile, Sybase, Intellitactics, Sandvine, Descartes, IMS.