Analyze Re, a Halifax company whose software-as-a-service product helps reinsurers assess risk, has exited by selling out to Jersey City, N.J.-based data analytics company Verisk Analytics, Inc. for an undisclosed price.

People familiar with the deal said the price was in the $15 million to $20 million range. It meant that the investors in the company’s lone round of funding, in November 2012,

After its business grew by about two-thirds in the last year, Marcato Digital Solutions this month released its most recent new feature, which it calls Maracto Live.

Based in Sydney, Marcato provides organizational software to music festival organizers around the world. The Software-as-a-Service platform was used in 240 music festivals this past summer, up from 143 a year earlier.

Now Marcato

Our Job of the Week column this week is showcasing an opportunity for a marketing coordinator with the Smart Energy conference.

Smart Energy is a greater Atlantic region conference for the smart, renewable and conventional energy sectors. Held each spring, it allows delegates to collaborate and discuss trends in smart energy options for today's energy consumer.

Smart Energy, formerly known as

Eigen innovations Inc., a Fredericton company specializing in the Industrial Internet of Things, or IIot, has unveiled its Eigen Quality Workbench, a software product that optimizes quality control in industrial manufacturing. 

The company, which has been working with large partners in and outside Atlantic Canada, issued a statement Thursday saying the Quality Workbench is designed to help

With a new CEO in place, Sydney-based Mimir Networks has launched its cybersecurity product this year and already has two small internet service providers as customers.

Mimir was founded by cybersecurity veteran Jim DeLeskie, who previously founded Heimdall Networks. That company won Innovacorp’s 2014 I-3 Technology Startup Competition, taking home $225,000 in prize money.  

DeLeskie has since

SimpTek Technologies, a Fredericton maker of energy monitoring software, has raised more than $700,000 in equity funding from the New Brunswick Innovation Foundation and several angel investors.

The company said in a statement the funding will help SimpTek pursue new business opportunities and expand into new markets across Canada and into the U.S. It will also be used to expand the company’s

Two Atlantic Canadian resource giants on Monday outlined how they’ve been working with small locally owned innovation companies to bring their operations into the 21st century.

J.D. Irving Ltd. (the Irving family’s forestry company) and McCain Foods took to the stage at the Big Data Congress in Saint John to tell how they are working with innovators to improve efficiency and make better

The Big Data Congress wrapped up on Tuesday, after bringing true thought-leaders on digital society to Saint John. Here are a few notable quotes from some of the speakers at the two-day conference:

On the impact of Big Data on society:

“Society soon will be data-driven, for better or worse. It’s our job to make it for the better.”

-- Sandy Pentland

Director of MIT’s Human Dynamics and Media

There’s an oceans industry symposium happening next month that’s so huge it’s being held on both sides of the Atlantic.

The German Canadian Concourse, or GCC, series of symposiums will hold its fifth edition on Nov. 17 and will focus on the use of data analytics pertaining to ocean-based industries. The goal of the day-long event, which will be held concurrently in Halifax and Berlin, will be to

Employers in the Fredericton region expect the workforce to grow in the next five years, and therefore want the government to focus on attracting skilled workers and tailoring the education system to future job demands.

Those are the findings of a new survey conducted by Ignite Fredericton in collaboration with Opportunities NB. The survey was part of the business retention and expansion, or