Branham300 NOW

EXFO, a leading provider of next-generation test and service assurance solutions for wireless and wireless network operators and equipment manufacturers, announced today that it has sold its Life Sciences and Industrial division to The Riverside Company, a global equity firm, for US$24.3 million in cash. The division, which is based in Toronto, generated US$25.4 million in sales and US$4.3 million in earnings in fiscal 2010.  

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In an effort to close the book on the Mark Hurd saga, HP announced the appointment of Léo Apotheker as the company's eighth President and Chief Executive Officer yesterday. Apotheker will also join HP's Board of Directors.  

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Since its inception, the fundamental goal of the Branham300 has been to raise the profile of the Canadian ICT industry, identify its leaders, as well as illustrate the depth and breadth of innovative technology that is offered by Canadian ICT organizations on a national and international stage. Each month, the Branham300 NOW newsletter will profile an industry leader in an effort to bring well deserved exposure to organizations that are catalysts of growth within the Canadian ICT industry. 

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Each month Branham Group will interview a leading executive of a Canadian or Multinational ICT company, industry association, or government agency. This month, Branham sat down with Brian Shepard, Founder and Chief Executive Officer of Tenzing Managed IT Services, to talk about his experiences and lessons learned over the course of his career in the Canadian ICT industry. The following statements summarize some of the key points that Mr. Shepard would like to pass along to the Branham300 community.  

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Uniserve Communications quietly released its financial results for fiscal 2010 yesterday. The New Westminster, B.C.-based company's 2010 fiscal year ended all the way back on May 31, 2010. 

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Vecima Networks, a designer, manufacturer and marketer of products that enable broadband access to cable, wireless and telephony networks, announced its fourth quarter and full fiscal 2010 financial results this afternoon.  

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Research in Motion (RIM) has formally/finally entered the tablet market with the launch of the BlackBerry PlayBook. Mike Lazaridis, RIM's co-chief executive officer, made the announcement today at its annual developer conference in San Francisco, CA. 

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IBM announced today that it has entered into a definitive agreement to acquire BLADE Network Technologies for a reported purchase price of US$400 million.  

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KPMG announced this morning that it has acquired IT/NET Group, an IT management consulting services and public sector transformation firm based on Ottawa. Financial details of the deal were not disclosed.  

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