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Canada

AWS re:Invent 2021: Over 30 new cloud Local Zones announced as NASDAQ inks partnership to redesign capital markets digital infrastructure

Amazon Web Services (AWS), an Amazon.com Inc. company (Nasdaq: AMZN), said it will expand its Local Zones portfolio with the addition of more than 30 new locations in major cities around the world in 2022. The new AWS Local Zones, announced at the company’s annual re:Invent conference, will be located in more than 21 countries, including Argentina, Australia, Austria, Bel...

December 03

Telesat’s trading debut sets new age for satellite operators

Canadian satellite communications company Telesat (NASDAQ: TSAT; TSX: TSAT) has gone public on the Nasdaq Global Select Market (NASDAQ) and the Toronto Stock Exchange (TSX). The public markets debut followed the closing of Ottawa-based Telesat’s transaction with Loral Space & Communications Inc. (Loral) and Public Sector Pension Investment Board (PSP Investments) in w...

November 23

OpenText boosts cloud recurring revenues with $860m Zix buy

Cloud data services vendor OpenText is splashing out $860 million on acquiring Zix, a specialist in on-demand email security and compliance. The all-cash purchase price is inclusive of Zix's cash and debt, and represents around 3.5x TTM (trailing twelve months) of Zix's GAAP revenues (as of September 30, 2021). The deal is expected to close in the next three months, said...

November 12

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