Sean Silcoff, The Globe and Mail

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