FREDERICTON–HOTSPOT, A FREDERICTON-BASED PARKING APP, HAS BEEN ACQUIRED BY IBI GROUP, A TORONTO-FOUNDED TECHNOLOGY FIRM.

HotSpot was founded in Fredericton in 2013 and is now present in over 80 municipalities, cities, and universities across Canada. The app also has more than 460,000 users and some presence in every province.

IBI, which stands for Infrastructure, Buildings, and Intelligence, has about 60 offices worldwide.

Estonia, the little country that packs a punch, is celebrated in tech circles for giving birth to unicorns like Skype, Wise and Bolt (and, more recently, customer experience platform Glia and ID verification company Veriff).

Why are so many successful startups emerging from a small pocket of Europe? And can the unicorn paddock keep growing?

Whanganui District Council’s approach to climate change has helped the city win international recognition as a leading model for economic and social development – for the seventh time.

Whanganui has again been named a Smart21 City by America-based think tank the Intelligent Community Forum and is the only New Zealand community to make this year’s list.

Earlier this month, the Tallinn Transport Department announced that it has developed a digital model of a new generation that can study and analyze the traffic movements occurring in the city and thus make predictions that would greatly help with traffic management.

The model incorporates continuously updated data for 130 000 road sections and 51 450 nodes in the capital and takes into account the movements of private cars, public transport vehicles, trucks and pedestrians.

Binh Duong (VNA) – The southern province of Binh Duong attracted 59 foreign direct investment (FDI) projects in the first 10 months of this year, a local official told a conference on November 19.

During the period, 23 FDI projects in Binh Duong also increased their capital, while 155 others contributed capital or purchased shares with total registered investment exceeding 1.9 billion USD, according to Vice Chairman of the provincial People’s Committee Mai Hung Dung.

DUBLIN, Ohio (WCMH) — Silicon Valley might be the tech-hub of the nation, but the next wave of innovation in the country could happen right here in Central Ohio.

“When we think, ‘Why here?’ versus, ‘Why?’ some of the other economies, some of the other cities, it’s really the ecosystem that we promote,” explains Jake Kaufman from Adept Marketing.

Dublin and Marysville are connected by a 35-mile stretch of highway. But the US-33 corridor is more than a link between two cities — it connects a shared vision of the future.

FREDERICTON—Introhive, a Fredericton-based software startup, announced Wednesday that it has secured a $100-million (U.S.) investment, part of a Series C round led by PSG, a Boston-based company that backs middle-market software companies.

“It’s been a big year for Introhive,” said CEO Jody Glidden in an interview with Huddle. “We were on Deloitte’s 500 fastest-growing companies list for the second year in a row, we were recognized in Canada on the best places to work list.”

$10 million to establish McMaster University's iHub to support more than 230 SMEs to commercialize new technologies for next-generation automotive and aerospace sectors

HAMILTON, ON, June 14, 2021 /CNW/ - The integration of advanced technology across the automotive and aerospace sectors is transforming the way we travel and transport goods, while offering substantial environmental benefits by reducing emissions and moving us closer to a zero emissions future. Manufacturers integrating new technology are growing in number and SMEs will be required to quickly pivot their operations and seize new supply chain opportunities as the automotive and aerospace sectors embrace greater electrification.

This is why, today, the Honourable Filomena Tassi, Minister of Labour and Member of Parliament for Hamilton West–Ancaster–Dundas, announced a $10-million FedDev Ontario investment for McMaster University https://innovationfactory.ca/ to establish iHub, a university-based integrated automotive, aerospace and advanced manufacturing network. The announcement was made on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedDev Ontario.

Amidst the economic doom and gloom that the COVID pandemic has wreaked on Toronto, there’s been one consistent source of good news.

The Greater Toronto Area’s technology sector keeps on growing. The latest example? Delivery app DoorDash announced Wednesday that it would be starting a 50-person engineering team by the end of the year.

It’s the first non-U.S. engineering office for the company.

The proposed Hamilton Light Rail Transit (LRT) project in Ontario will move forward with a 14-kilometer (8.7-mile) line planned between McMaster and Eastgate. The estimated C$3.4 billion (US$2.79 billion) project costs will be split between the government of Canada and the province of Ontario, which will each fund up to C$1.7 billion (US$1.4 billion).

It has been a bumpy ride for the proposed project that saw the province of Ontario commit C$1 billion to build light-rail in Hamilton only to see the province cancel the project in late 2019 citing rising costs – a move Hamilton elected officials called a betrayal.