Ottawa Business Journal, excerpts from article by David Sali
Two local companies that help smooth the flow of data over the internet also encountered little resistance on the sale of a technology business unit that will instantly make a Gatineau firm a global player in its field.
Kanata’s Martello Technologies and Gatineau’s Adaptiv Networks said Wednesday they have reached an agreement that will see the Quebec-based software networking firm acquire the assets and some liabilities of Martello’s Elfiq division in a cash-and-share deal.
Adaptiv, which creates software-defined, cloud-based networks designed to help speed up internet traffic, will now have 63 employees at offices in Gatineau, Mississauga, Montreal and Mumbai.
