Where are Canada’s startups? 165 foreign buyouts since 2004
Media | 01/16/2013 10:27 am EST
In March 2009, Waterloo, Ont.-based Research in Motion Ltd. acquired Certicom Corp., a Mississauga, Ont. technology security company, in what seemed a rather routine purchase of a Canadian tech startup.
The purchase stands out today because a Canadian company bought a Canadian startup, which is rare. Of the roughly 165 Canadian companies bought out between 2004 and the end of 2012, most of them startups, RIM's purchase of Certicom was the only acquisition by a Canadian company in that eight-year period, according to a list of acquisitions compiled by the Branham Group and published this month on the website of the Information Technology Association of Canada (ITAC).
The remainder were acquired by larger companies based in the United States, as well as in Europe, Japan, the United
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