CrossKeys gets Matthew' loan

Article Abstract:

Terrence Matthews, chairman of CrossKeys Systems Corp. has put up his own money to keep the company afloat while looking for a potential buyer. The networking software company, headquartered in Kanata, Ontario, has received $8 million in financing from Mr. Matthews, one of Canada's most successful technology entrepreneurs.

United States, Statistical Data Included, Brief Article

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CrossKeys plans company-wide cutbacks

Article Abstract:

CrossKeys Systems Corp. is planning to downsize its labor force in addition to the previously-announced wholesale layoffs. The planned layoffs are part of the company's efforts to reduce costs throughout its structure.

Personnel administration, Planning, Human resource management, Layoffs

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Canaccord looks to new financing deal with Corel

Article Abstract:

Canaccord Capital Corp. is planning to engage in negotiations with Corel Corp. about another possible cash-for-share financing agreement. Corel is said to be looking for sources of additional investment.

Computer Software, Investment advice, Investment Advisory Services, Use of Funds, Software, Financial services industry, Financial services, Investment advisers, Corel Corp., CORL, Canaccord Capital Corp.

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