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ARTICLE · 04 FEBRUARY 2014

2013 Technology Law Year In Review

McCarthy Tétrault
McCarthy Tétrault
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2013 was a very active year in the tech sector in Canada. Some of the leading developments over the last year are summarised below

CanadaMedia, Telecoms, IT, Entertainment

2013 was a very active year in the tech sector in Canada. Some of the leading developments over the last year are summarised below.

Tech Transactions – Turbulent Year for BlackBerry (Fairfax transaction)

2013 was a turbulent year for the Canadian leader of the telecommunications industry. It started with a change of name, from Research in Motion Ltd. to BlackBerry, in order to rebrand the company and to be more successful on the stock market. A few months later, BlackBerry publicly announced that it was reviewing its strategic alternatives for the future. In November, BlackBerry received an investment of U.S. $1 billion from Fairfax Financial Holdings Limited ("Fairfax") and other institutional investors. Further to the transaction, Fairfax has become the largest shareholder of BlackBerry and changes were made to the management of the company. For more information on this transaction, please see our new release on the Fairfax transaction.

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