July 17, 2013
This article was originally published in the The Globe and Mail.
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.
More on the article: http://www.theglobeandmail.com/report-on-business/small-business/sb-money/valuation/are-acquisitions-of-canadian-startups-by-us-companies-draining-the-talent-pool/article13135792/