Daphne Posted November 18, 2020 Share Posted November 18, 2020 The Globe and Mail has confirmed a report last week by IP industry journal IAM that BB-T +2.06%increase recently began shopping the majority of its 38,000 patents to interested parties. Tech+IP Capital, LLC, a U.S. investment banking firm, is handling the sale for BlackBerry. A source familiar with the situation told The Globe the company isn’t certain what price it will get, but it’s believed the portfolio could be worth more than US$450-million - a significant size for a deal in the global patent trade, but a fraction of the US$4.5-billion a consortium led by Apple Inc. Apple Inc. paid in 2011 for a trove of 6,000 Nortel Networks patents. The Globe is not identifying the source as they are not authorized to speak publicly on the matter. Link to comment Share on other sites More sharing options...
Xerxes Posted November 18, 2020 Share Posted November 18, 2020 If true this could mean that one of Blackberry revenue drivers will take a hit as they have been collecting royalties on some of them. Link to comment Share on other sites More sharing options...
bluedevil Posted November 18, 2020 Share Posted November 18, 2020 Pethealth. Bought for 100m; sells for around 240m. Is this a prediction or have you seen some news? No news -- a total guess. In response to the call for predictions, I was just thinking about the one company they sold -- Davos -- and how that was a business that benefited from the pandemic, unlike most of their businesses. I was trying to think of another business that was helped by the pandemic, rather than hurt, and Pethealth is -- sadly! -- the only one I could think of. I am assuming it is done ok given the surge of interest in pets recently. Just hard for me to see them selling off many of the other businesses - such as retail - given how they must have been impacted by the virus. Link to comment Share on other sites More sharing options...
Xerxes Posted November 18, 2020 Share Posted November 18, 2020 Bluedevil I think that is an excellent guess and reasoning. Link to comment Share on other sites More sharing options...
ourkid8 Posted December 8, 2020 Share Posted December 8, 2020 AGT Foods eyeing return to public markets: CEO https://www.bnnbloomberg.ca/agt-foods-eyeing-return-to-public-markets-ceo-1.1533015 Link to comment Share on other sites More sharing options...
Viking Posted December 8, 2020 Share Posted December 8, 2020 AGT Foods eyeing return to public markets: CEO https://www.bnnbloomberg.ca/agt-foods-eyeing-return-to-public-markets-ceo-1.1533015 Good interview. Seems like a pretty bright guy. Lots going on with this company. Thanks fo posting the 10 minute interview. Link to comment Share on other sites More sharing options...
Xerxes Posted December 9, 2020 Share Posted December 9, 2020 A good interview with Al-Katib from the pre-Covid days. Link to comment Share on other sites More sharing options...
wondering Posted January 16, 2021 Share Posted January 16, 2021 Maybe Farmers Edge Maybe there is for my vote for Farmers Edge. https://www.theglobeandmail.com/business/technology/article-six-canadian-tech-companies-eyeing-ipos-amid-investor-craze-for/ "Frothy markets and a recent frenzy for software-focused businesses have convinced more Canadian technology companies to consider going public, setting the stage for a potential surge of initial public offerings that could eclipse last fall’s rush. At least six firms have recently lined up investment bankers to explore IPOs, potentially by the spring, The Globe and Mail has learned. Farmers Edge Inc., a Winnipeg-based agricultural technology provider controlled by Fairfax Financial Holdings Ltd., is set to file a prospectus with regulators for a deal underwritten by National Bank Financial..... ....Farmers Edge, meanwhile, was an early Canadian agricultural-technology leader, using data science and AI-powered software to help farmers improve yields. It raised private capital in the mid-2010s from Silicon Valley-based Kleiner Perkins Caulfied & Byers and Toronto-based Osmington Inc., which is controlled by David Thomson. (Woodbridge Co. Ltd., the Thomson family holding company, owns The Globe and Mail.) Fairfax bought Kleiner Perkins’s stake in 2016 and has since gained majority control of the company. Fairfax recently reported a loss of $21.8-million in the nine months ended Sept. 30 for its stake in Farmers Edge." Link to comment Share on other sites More sharing options...
Daphne Posted January 17, 2021 Share Posted January 17, 2021 What about Boatrocker? Media and entertainment sector is on fire and this company has been growing by leaps and bounds. Link to comment Share on other sites More sharing options...
Pedro Posted February 20, 2021 Share Posted February 20, 2021 Sanjeev do we have a winner here? They sold some of the Brit does that count as a W? "Im going out to left field - My vote goes to a minority interest in one of the larger insurers who have consistently done well YOY. " Link to comment Share on other sites More sharing options...
bearprowler6 Posted February 20, 2021 Share Posted February 20, 2021 What about Boatrocker? Media and entertainment sector is on fire and this company has been growing by leaps and bounds. https://www.theglobeandmail.com/business/article-boat-rocker-media-producer-of-orphan-black-files-for-175-million-ipo/ Post IPO----Fairfax will end up with 44% of a company valued between $175-$205 million. Revenue growth has been impressive however bottom line rivals that of Farmers Edge. I do like however that the funds raised from the IPO will be used to pay off the bank line with remainder being available to fund future growth. From the article: “Boat Rocker has constructed the platform for a next generation entertainment company, not out of bricks and mortar, but imagination, creativity and integrity.” Boat Rocker will use capital from the IPO to fully repay the $91-million owed from a $120-million credit facility from Bank of Montreal. The rest will go toward developing shows and acquiring intellectual property that can be developed for the screen. The company forecasts $700-million in revenue in 2021. COVID-19 affected production on several Boat Rocker shows in 2020. In the nine months ended Sept. 30, it had a net loss of $43.8-million on $171.2-million in revenue. The company was also in breach of a covenant on its BMO credit facility because its earnings were below a target. The company received government assistance in 2020, accessing $13.9-million from the Canada Emergency Wage Subsidy. In 2019, Boat Rocker generated revenue of $244-million and saw a net loss of $19.5-million. Link to comment Share on other sites More sharing options...
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