Thomson Reuters Corp., the provider of financial data and news, elected former Federal Deposit Insurance Corp. Chairman Sheila Bair to its board, adding an outspoken advocate of greater transparency from banks.
Open Text Corp. Chief Executive Officer Mark Barrenechea, taking a page from former boss Larry Ellison’s merger playbook at Oracle Corp., is planning to expand the Canadian software maker by going shopping again.
Open Text Corp., Canada’s second- largest technology company by market value, surged to a record after agreeing to buy GXS Group Inc. in a deal worth about $1.17 billion to expand its data exchange services business.
Social media and online-education startups are poised to lead a resurgence in technology initial public offerings in Canada as investors burned by a slump in the commodity industry turn to more lucrative markets.
BlackBerry Ltd.’s new chief executive officer, rejecting calls to exit the hardware business, gets a chance this week to convince investors he has the time and vision to revive a unit that’s dragging sales back down to 2007 levels.