Are Canadian startups selling out?

This article was originally published in the The Globe and Mail.

selling out

In what can be a divisive issue, Canadian startups are now being actively courted and acquired by American companies. Recent examples include: Toronto-based Eloqua being acquired by Oracle in December, 2012, for a reported $871-million; Waterloo’s BufferBox was acquired by Google in November, 2012, for somewhere between $17-million and $25-million and Attassa, an Edmonton startup acquired by YouSendIt in January, 2011, for an undisclosed amount.

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