TECH/CANADA: Canadarm Makers Bought By Local Investment Fund

[dewline]

Apparently, this one's got Jim "Blackberry" Balsillie himself involved. Balsillie's on record as wanting Canada to maintain whatever technological sovereignty we can.

Details of the sale here:

https://www.cbc.ca/news/business/mda-acquisition-1.5410492

Some of Balsillie's opinions as recorded in 2017 noted here:

https://www.cbc.ca/news/politics/jim-balsillie-innovation-ip-the-house-1.3984904

Comments

[thewayne]

I saw where a British military industry, Chobbham Group, was sold to an American investment group over the protestations of the military and supported by the government.

To me, this bodes ill for NHS. Keep it in-house, just like they didn't do for British Rail.