Hummingbird on lookout for acquisitions

Article Abstract:

North York, Ont.-based Hummingbird Ltd., which is a computer software manufacturer, is seeking acquisition targets. Hummingbird, which is led by chairman and chief executive officer Fred Sorkin, wants to broaden its product line through such a growth strategy.

Hummingbird Ltd., HUMC

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Open Text bids for Accelio stock

Article Abstract:

Ont.-based Accelio Corp., which has reported financial problems, has received a $68.5 million acquisition bid from Waterloo, Ont.-based Open Text Corp. Open Text, which is a software company, is led by chief executive officer Tom Jenkins.

Asset sales & divestitures, Open Text, Accelio Corp.

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Delano said planning $85-million acquisition

Article Abstract:

Markham, Ont.-based Delano Technology Corp., which is a software firm, has offered $85 million for an unnamed U.S.-based company. Delano recently acquired Continuity Solutions Inc. for $17.5 million.

Delano Technology Corp.

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