Sean Silcoff
The Globe and Mail
Chelsea, QC, Canada
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Past articles by Sean:
Canada’s tech sector largely untouched by Silicon Valley Bank demise, but worries remain
There is worry that the tech sector, which entered a sharp downturn in late 2021, will continue scaring off investors and available capital for startups will tighten further → Read More
Canada faces muted impact from crisis at Silicon Valley Bank
SVB became one of the largest banks to fail since the 2008 financial crisis as a California regulator closed it down after it faced a run on its deposits from companies seeking to withdraw cash from their accounts → Read More
Strong results from Magnet Forensics support opposition to takeover: dissident
Better-than-forecast Q4 results follow pattern of beating estimates for cybercrime-fighting software company → Read More
Magnet Forensics takeover endorsed by proxy advisory firm Egan-Jones
Egan-Jones Proxy Services stated in a release “we believe that there is compelling reason” to vote for the deal “given the significant premium and equity value transaction that will be distributed to the shareholders” → Read More
Osler poaches two high-profile lawyers from Fasken to bulk up national tech practice
Jean-Nicolas Delage and Christian Jacques co-led emerging and high-growth tech group for Fasken → Read More
Effort to stop Magnet Forensics takeover gathers steam as more investors say they’ll vote against deal
Four North American investment managers told The Globe and Mail in the past week they are not happy with the proposed deal → Read More
GaN Systems, ‘shining star’ of Canada’s chip sector, bought by Germany’s Infineon for US$830-million
It’s a deal the son of deceased GaN co-founder John Roberts said would make his father proud. Infineon chief executive said the acquisition will ‘significantly accelerate’ the company’s strategy to strengthen its leadership in power systems → Read More
Toronto’s Cookin raises $17-million to build online delivery market for home-cooked meals
Cookin is in the early stages of expanding service across the Greater Toronto Area, but the co-founders plan to be in 17 cities by 2025 → Read More
Magnet Forensics directors defend Thoma Bravo takeover after major investor opposes deal
Independent committee highlights “risk of continuing” as standalone company → Read More
Magnet Forensics investor opposes $1.8-billion takeover, says deal price too low
Silicon Valley hedge fund Nellore Capital says it will vote against Thoma Bravo takeover of Waterloo tech star unless terms change → Read More
Jobber raises $100-million in General Atlantic-led deal, defying Canadian tech sector woes
Jobber earns the first nine-figure financing of 2023 for a Canadian tech company → Read More
Quantum computing star D-Wave faces cash crunch, investors say
Investors, government have provided hundreds of millions of dollars to Burnaby company since 1999 → Read More
Verticalscope cuts 22 per cent of staff in latest Canadian tech downsizing
Digital media company joins Clearco, Lightspeed, Thinkific, Benevity in slashing jobs as sector rout continues → Read More
AI-focused Radical Ventures makes Dominic Barton partner as it seeks to raise $550-million fund
Investor interest in AI ‘off the charts’ since launch of ChatGPT, Radical Ventures co-founder says → Read More
Pender Ventures raising $100-million after backing B.C. software stars Copperleaf and Jane
The new fund will invest in Canadian software firms in the health care space generating a few million a year in revenue and looking to scale up → Read More
Can the Liberal government fix its sorry innovation record with a new agency?
The Liberal government’s latest attempt to fix Canada’s chronic economic underperformance is the CIIA, a program to help underwrite business expenditures on research and development → Read More
Dye & Durham’s latest acquisition signals shift to smaller deals for Toronto software company
Its purchase of U.K.-based Insight Legal Software comes after the multibillion-dollar deal to buy Australia’s Link fell through last year → Read More
Xanadu to receive $40-million from Ottawa to advance quantum computer development
Funding comes after Toronto company achieves “quantum advantage,” raises $100-million from investors → Read More
Canada has leading AI experts. But does Ottawa have the right plan to support an AI industry?
Many leaders in Canada’s innovation sector say the government’s strategy to build on the country’s early lead in AI is emblematic of how Ottawa routinely fails to leverage the country’s brains to produce economic growth → Read More
How the Liberals’ multibillion-dollar tech plan created ‘chaos’ instead of growth
Innovation programs, critics say, have been overly politically driven with an attempt to cover too many regions and sectors, and designed by bureaucrats with outdated or underdeveloped notions → Read More