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 Capital Partners raises another $10M
·   LiveHive gets $1.8M investment from Tech Capital
·   Sirific reveals first major product
·   MKS closes US$2M licensing deal for another record quarter
·   Open Text results in line with expectations
Plus news from Software Innovation, Navtech, Dalsa, We-Create, RDM, Symbility.

February
·   Sandvine plans to go public through UK market
·   RIM settles NTP suit for US$612M
·   RDM sales up 15% from last year
·   Descartes completes first profitable year, will raise $15M
·   MKS sales jump with big licensing deal
Plus news from Sonami, Ladybug, Alt, LiveHive, IRAP, Kaleidescape, Dalsa, ARISE, SlipStream, Virtek, Ansys, TurboSonic, UW, GUARD.

March
·   Sandvine market value tops $250 million after IPO
·   Com Dev reports highest quarterly profit in eight years
·   IMS raises $9.5 million
·   RapidMind gets $500K from BDC
Plus news from Agribiotics, ATS, Navtech, Peer Group, EVER America, Sonami, Texada, Waterloo Angel Group, Kaleidescape, Creative Options, Descartes, RIM, Atria, MedShare, ARISE, Geo-3D, Dalsa.

April
·   Virtek reports first annual profit in five years
·   Accelerator Centre opens with new CEO
·   Dalsa shows some strength in traditional weak quarter
·   ARISE placement raises $3.85 million
·   RIM sales slowed by NTP uncertainty
Plus news from Descartes, Symbility, DiskStream, Desire2Learn, TurboSonic, Com Dev, iAnywhere, Christie, SlipStream.

May
·   Covarity raises another $3.3M
·   ATS cuts 60 jobs, writes down Spheral Solar assets by $65M
·   RSS Solutions acquired by Atlanta company
·   ARISE puts its cash to use
·   RDM sees jump in sales, expenses
Plus news from Open Text, LaunchPad $50K, SBS Technologies, Infusion Angels, LiveHive, TechTown, RapidLabs, IRAP, OCE, Symbility, Com Dev, SlipStream, RIM, Active Web, Biorem, TurboSonic, Arius, IMS..

June
·   Com Dev sales and profits continue to climb
·   MKS ends strong year with sluggish quarter
·   Virtek sales propelled by aerospace contracts
·   Navtech reports steady sales, move to R&T Park
·   RIM bounces back with 680K new BlackBerry subscribers
Plus news from Descartes, Sonami, Sandvine, Dalsa, Symbility, LiveHive, SlipStream, Covarity, Biomedical Photometrics, ARISE.

July
·   RIM acquires SlipStream
·   Sandvine sales continue to skyrocket
·   Open Text makes $551M bid for Hummingbird
·   ARISE to receive $6.5M from government-created fund
·   RDM sales climb 50%
Plus news from Dalsa, Com Dev, AMI, Symbility, IMS, LiveHive, Biorem, CGI, Sirific, TurboSonic, Agile, Photowatt.

August
·   Desire2Learn sued for patent infringement by competitor
·   Open Text hits quarterly targets
·   MKS reports strong sales, weak bottom line
·   Descartes continues profitable run, integrates acquisitions
·   ARISE has arisen after cash infusion
Plus news from Google, Communitech, Photowatt, Woodhead, Symbility, Virtek, TrueLocal.

September
·   GBG to be acquired by 3M subsidiary
·   Com Dev reports record earnings, space sales
·   Sandvine prepares for TSX listing
·   RIM forecasts soaring revenue through the end of the year
·   Virtek's bottom line sunk by cost overrun
Plus news from Open Text, Desire2Learn, Symbility, Kaleidescape.

October
·   Sandvine raises $13M, trades on TSX
·   Sandvine sales double from last year
·   MKS warns quarterly results will be disappointing
·   Dalsa sales and earnings dip slightly from prior quarter
·   LiveHive -- two-screen interactive solutions, not gaming
Plus news from Atria, Google, Tangam, We-Create, Open Text, RIM, ARISE, Virtek, Photowatt, Covarity, Aimetis, Christie.

November
·   RDM sales climb 25% in 2006
·   ARISE looks to raise money for R&D, factory
·   Descartes sales hold steady with hefty cash flow
·   MKS' disappointing quarter in line with warning
·   STOCK REPORT: RDM soars, MKS stumbles
Plus news from Desire2Learn, Open Text, Symbility, Biorem, RIM, NCR, Athena, Jaywil, GUARD, RapidMind, Dalsa, Sandvine, Spheral Solar, TurboSonic, Virtek.

December
·   2006: Lawsuits, acquisitions, and even an IPO; RDM top stock
·   RIM growth accelerates as BlacBerry hits 7M subscribers
·   Com Dev finishes record year; looks to expand U.S. presence
·   Virtek's FOBA business rockets on Chinese deal, but earnings soft
·   ARISE receives conditional funding approval, hires two VPs
Plus news from Dalsa, Descartes, Infusion, Photowatt, Desire2Learn, Sandvine.

Copyright © 2006 Gary Will