http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Wed, 26 Aug 2026 07:51:16 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Mergers+and+Acquisitions/Trace3+to+buy+Calian+Group%27s+US+commercial+IT+business/26977397.html <p>Trace3 announced plans to acquire the U.S. commercial IT operations of Calian Group (TSX: CGY), a carve-out transaction expected to close next month, according to a press release from the California-based firm.</p> <p>The acquisition will add managed services infrastructure, including a security operations center and two 24x7x365 network operations centers, along with advanced integration centers. Trace3 said the deal expands its operational presence in Texas and Minnesota.</p> <p>The transaction also covers software, hardware, consulting, professional services, and managed services aligned to AI, cloud, data, and security offerings. Trace3 noted shared strategic partner relationships between the two companies, including Cisco alliances.</p> <p>"This planned acquisition http://www.streetinsider.com/Mergers+and+Acquisitions/Trace3+to+buy+Calian+Group%27s+US+commercial+IT+business/26977397.html Wed, 26 Aug 2026 07:51:16 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Mergers+and+Acquisitions/Trace3+to+buy+Calian+Group%27s+US+commercial+IT+business/26977397.html <p>Trace3 announced plans to acquire the U.S. commercial IT operations of Calian Group (TSX: CGY), a carve-out transaction expected to close next month, according to a press release from the California-based firm.</p> <p>The acquisition will add managed services infrastructure, including a security operations center and two 24x7x365 network operations centers, along with advanced integration centers. Trace3 said the deal expands its operational presence in Texas and Minnesota.</p> <p>The transaction also covers software, hardware, consulting, professional services, and managed services aligned to AI, cloud, data, and security offerings. Trace3 noted shared strategic partner relationships between the two companies, including Cisco alliances.</p> <p>"This planned acquisition http://www.streetinsider.com/Mergers+and+Acquisitions/Trace3+to+buy+Calian+Group%27s+US+commercial+IT+business/26977397.html Wed, 26 Aug 2026 07:51:16 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Mergers+and+Acquisitions/Trace3+to+buy+Calian+Group%27s+US+commercial+IT+business/26977397.html <p>Trace3 announced plans to acquire the U.S. commercial IT operations of Calian Group (TSX: CGY), a carve-out transaction expected to close next month, according to a press release from the California-based firm.</p> <p>The acquisition will add managed services infrastructure, including a security operations center and two 24x7x365 network operations centers, along with advanced integration centers. Trace3 said the deal expands its operational presence in Texas and Minnesota.</p> <p>The transaction also covers software, hardware, consulting, professional services, and managed services aligned to AI, cloud, data, and security offerings. Trace3 noted shared strategic partner relationships between the two companies, including Cisco alliances.</p> <p>"This planned acquisition http://www.streetinsider.com/Mergers+and+Acquisitions/Trace3+to+buy+Calian+Group%27s+US+commercial+IT+business/26977397.html Wed, 26 Aug 2026 07:51:16 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Mergers+and+Acquisitions/Trace3+to+buy+Calian+Group%27s+US+commercial+IT+business/26977397.html <p>Trace3 announced plans to acquire the U.S. commercial IT operations of Calian Group (TSX: CGY), a carve-out transaction expected to close next month, according to a press release from the California-based firm.</p> <p>The acquisition will add managed services infrastructure, including a security operations center and two 24x7x365 network operations centers, along with advanced integration centers. Trace3 said the deal expands its operational presence in Texas and Minnesota.</p> <p>The transaction also covers software, hardware, consulting, professional services, and managed services aligned to AI, cloud, data, and security offerings. Trace3 noted shared strategic partner relationships between the two companies, including Cisco alliances.</p> <p>"This planned acquisition http://www.streetinsider.com/Mergers+and+Acquisitions/Trace3+to+buy+Calian+Group%27s+US+commercial+IT+business/26977397.html Wed, 26 Aug 2026 07:51:16 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Press+Releases/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html <p> IRVINE, Calif.--(BUSINESS WIRE)-- <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Ftrace3.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Trace3&amp;index=1&amp;md5=b56e012af892e3860da7d2407a05a234" shape="rect">Trace3</a> announced its intent to complete a carve-out acquisition of <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.calian.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Calian+Group%26%238217%3Bs&amp;index=2&amp;md5=6a58c2ea2094a4866e100ce521d38401" shape="rect">Calian Group’s</a> (TSX:CGY) U.S. Commercial IT business, expanding Trace3’s national footprint and strengthening its managed services capabilities for enterprise clients. </p><p> As organizations work to modernize infrastructure, strengthen cybersecurity, and maintain always-on operations, many are doing so amid increasing complexity and stretched internal resources. This transaction enables Trace3 to respond directly to that need by adding managed services depth, operational capacity, and localized delivery in key U.S. markets. For the broader tech community, it reflects continued demand for http://www.streetinsider.com/Press+Releases/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html Wed, 26 Aug 2026 07:51:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Press+Releases/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html <p> IRVINE, Calif.--(BUSINESS WIRE)-- <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Ftrace3.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Trace3&amp;index=1&amp;md5=b56e012af892e3860da7d2407a05a234" shape="rect">Trace3</a> announced its intent to complete a carve-out acquisition of <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.calian.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Calian+Group%26%238217%3Bs&amp;index=2&amp;md5=6a58c2ea2094a4866e100ce521d38401" shape="rect">Calian Group’s</a> (TSX:CGY) U.S. Commercial IT business, expanding Trace3’s national footprint and strengthening its managed services capabilities for enterprise clients. </p><p> As organizations work to modernize infrastructure, strengthen cybersecurity, and maintain always-on operations, many are doing so amid increasing complexity and stretched internal resources. This transaction enables Trace3 to respond directly to that need by adding managed services depth, operational capacity, and localized delivery in key U.S. markets. For the broader tech community, it reflects continued demand for http://www.streetinsider.com/Press+Releases/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html Wed, 26 Aug 2026 07:51:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Press+Releases/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html <p> IRVINE, Calif.--(BUSINESS WIRE)-- <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Ftrace3.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Trace3&amp;index=1&amp;md5=b56e012af892e3860da7d2407a05a234" shape="rect">Trace3</a> announced its intent to complete a carve-out acquisition of <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.calian.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Calian+Group%26%238217%3Bs&amp;index=2&amp;md5=6a58c2ea2094a4866e100ce521d38401" shape="rect">Calian Group’s</a> (TSX:CGY) U.S. Commercial IT business, expanding Trace3’s national footprint and strengthening its managed services capabilities for enterprise clients. </p><p> As organizations work to modernize infrastructure, strengthen cybersecurity, and maintain always-on operations, many are doing so amid increasing complexity and stretched internal resources. This transaction enables Trace3 to respond directly to that need by adding managed services depth, operational capacity, and localized delivery in key U.S. markets. For the broader tech community, it reflects continued demand for http://www.streetinsider.com/Press+Releases/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html Wed, 26 Aug 2026 07:51:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Press+Releases/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html <p> IRVINE, Calif.--(BUSINESS WIRE)-- <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Ftrace3.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Trace3&amp;index=1&amp;md5=b56e012af892e3860da7d2407a05a234" shape="rect">Trace3</a> announced its intent to complete a carve-out acquisition of <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.calian.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Calian+Group%26%238217%3Bs&amp;index=2&amp;md5=6a58c2ea2094a4866e100ce521d38401" shape="rect">Calian Group’s</a> (TSX:CGY) U.S. Commercial IT business, expanding Trace3’s national footprint and strengthening its managed services capabilities for enterprise clients. </p><p> As organizations work to modernize infrastructure, strengthen cybersecurity, and maintain always-on operations, many are doing so amid increasing complexity and stretched internal resources. This transaction enables Trace3 to respond directly to that need by adding managed services depth, operational capacity, and localized delivery in key U.S. markets. For the broader tech community, it reflects continued demand for http://www.streetinsider.com/Press+Releases/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html Wed, 26 Aug 2026 07:51:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Business+Wire/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html <p> IRVINE, Calif.--(BUSINESS WIRE)-- <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Ftrace3.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Trace3&amp;index=1&amp;md5=b56e012af892e3860da7d2407a05a234" shape="rect">Trace3</a> announced its intent to complete a carve-out acquisition of <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.calian.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Calian+Group%26%238217%3Bs&amp;index=2&amp;md5=6a58c2ea2094a4866e100ce521d38401" shape="rect">Calian Group’s</a> (TSX:CGY) U.S. Commercial IT business, expanding Trace3’s national footprint and strengthening its managed services capabilities for enterprise clients. </p><p> As organizations work to modernize infrastructure, strengthen cybersecurity, and maintain always-on operations, many are doing so amid increasing complexity and stretched internal resources. This transaction enables Trace3 to respond directly to that need by adding managed services depth, operational capacity, and localized delivery in key U.S. markets. For the broader tech community, it reflects continued demand for http://www.streetinsider.com/Business+Wire/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html Wed, 26 Aug 2026 07:51:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Business+Wire/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html <p> IRVINE, Calif.--(BUSINESS WIRE)-- <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Ftrace3.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Trace3&amp;index=1&amp;md5=b56e012af892e3860da7d2407a05a234" shape="rect">Trace3</a> announced its intent to complete a carve-out acquisition of <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.calian.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Calian+Group%26%238217%3Bs&amp;index=2&amp;md5=6a58c2ea2094a4866e100ce521d38401" shape="rect">Calian Group’s</a> (TSX:CGY) U.S. Commercial IT business, expanding Trace3’s national footprint and strengthening its managed services capabilities for enterprise clients. </p><p> As organizations work to modernize infrastructure, strengthen cybersecurity, and maintain always-on operations, many are doing so amid increasing complexity and stretched internal resources. This transaction enables Trace3 to respond directly to that need by adding managed services depth, operational capacity, and localized delivery in key U.S. markets. For the broader tech community, it reflects continued demand for http://www.streetinsider.com/Business+Wire/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html Wed, 26 Aug 2026 07:51:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Business+Wire/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html <p> IRVINE, Calif.--(BUSINESS WIRE)-- <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Ftrace3.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Trace3&amp;index=1&amp;md5=b56e012af892e3860da7d2407a05a234" shape="rect">Trace3</a> announced its intent to complete a carve-out acquisition of <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.calian.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Calian+Group%26%238217%3Bs&amp;index=2&amp;md5=6a58c2ea2094a4866e100ce521d38401" shape="rect">Calian Group’s</a> (TSX:CGY) U.S. Commercial IT business, expanding Trace3’s national footprint and strengthening its managed services capabilities for enterprise clients. </p><p> As organizations work to modernize infrastructure, strengthen cybersecurity, and maintain always-on operations, many are doing so amid increasing complexity and stretched internal resources. This transaction enables Trace3 to respond directly to that need by adding managed services depth, operational capacity, and localized delivery in key U.S. markets. For the broader tech community, it reflects continued demand for http://www.streetinsider.com/Business+Wire/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html Wed, 26 Aug 2026 07:51:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Business+Wire/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html <p> IRVINE, Calif.--(BUSINESS WIRE)-- <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Ftrace3.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Trace3&amp;index=1&amp;md5=b56e012af892e3860da7d2407a05a234" shape="rect">Trace3</a> announced its intent to complete a carve-out acquisition of <a target="_blank" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.calian.com%2F&amp;esheet=54594950&amp;newsitemid=20260826930177&amp;lan=en-US&amp;anchor=Calian+Group%26%238217%3Bs&amp;index=2&amp;md5=6a58c2ea2094a4866e100ce521d38401" shape="rect">Calian Group’s</a> (TSX:CGY) U.S. Commercial IT business, expanding Trace3’s national footprint and strengthening its managed services capabilities for enterprise clients. </p><p> As organizations work to modernize infrastructure, strengthen cybersecurity, and maintain always-on operations, many are doing so amid increasing complexity and stretched internal resources. This transaction enables Trace3 to respond directly to that need by adding managed services depth, operational capacity, and localized delivery in key U.S. markets. For the broader tech community, it reflects continued demand for http://www.streetinsider.com/Business+Wire/Trace3+to+Acquire+Calian+Group%E2%80%99s+US+Commercial+IT+Operations%2C+Expanding+National+Reach+and+Service+Delivery/26977396.html Wed, 26 Aug 2026 07:51:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+to+sell+U.S.+commercial+IT+unit+to+Trace3+for+%7ECAD+%2443M/26977277.html <p>Calian Group Ltd. (TSX: CGY) has entered into a definitive agreement to sell its U.S. commercial IT business, based in Houston, Texas, to Trace3, a technology solutions provider headquartered in Irvine, California.</p> <p>The deal includes upfront cash proceeds of approximately CAD $43 million (US $31 million), with the purchaser also assuming certain net liabilities totaling approximately CAD $17 million (US $12 million). The transaction is expected to close in Calian's fourth fiscal quarter, subject to customary closing conditions and consents.</p> <p>Calian said the divestiture is part of a broader portfolio strategy to focus on defence, space, healthcare, and nuclear sectors across Canada, http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+to+sell+U.S.+commercial+IT+unit+to+Trace3+for+%7ECAD+%2443M/26977277.html Wed, 26 Aug 2026 07:20:17 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+to+sell+U.S.+commercial+IT+unit+to+Trace3+for+%7ECAD+%2443M/26977277.html <p>Calian Group Ltd. (TSX: CGY) has entered into a definitive agreement to sell its U.S. commercial IT business, based in Houston, Texas, to Trace3, a technology solutions provider headquartered in Irvine, California.</p> <p>The deal includes upfront cash proceeds of approximately CAD $43 million (US $31 million), with the purchaser also assuming certain net liabilities totaling approximately CAD $17 million (US $12 million). The transaction is expected to close in Calian's fourth fiscal quarter, subject to customary closing conditions and consents.</p> <p>Calian said the divestiture is part of a broader portfolio strategy to focus on defence, space, healthcare, and nuclear sectors across Canada, http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+to+sell+U.S.+commercial+IT+unit+to+Trace3+for+%7ECAD+%2443M/26977277.html Wed, 26 Aug 2026 07:20:17 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+to+sell+U.S.+commercial+IT+unit+to+Trace3+for+%7ECAD+%2443M/26977277.html <p>Calian Group Ltd. (TSX: CGY) has entered into a definitive agreement to sell its U.S. commercial IT business, based in Houston, Texas, to Trace3, a technology solutions provider headquartered in Irvine, California.</p> <p>The deal includes upfront cash proceeds of approximately CAD $43 million (US $31 million), with the purchaser also assuming certain net liabilities totaling approximately CAD $17 million (US $12 million). The transaction is expected to close in Calian's fourth fiscal quarter, subject to customary closing conditions and consents.</p> <p>Calian said the divestiture is part of a broader portfolio strategy to focus on defence, space, healthcare, and nuclear sectors across Canada, http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+to+sell+U.S.+commercial+IT+unit+to+Trace3+for+%7ECAD+%2443M/26977277.html Wed, 26 Aug 2026 07:20:17 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+to+sell+U.S.+commercial+IT+unit+to+Trace3+for+%7ECAD+%2443M/26977277.html <p>Calian Group Ltd. (TSX: CGY) has entered into a definitive agreement to sell its U.S. commercial IT business, based in Houston, Texas, to Trace3, a technology solutions provider headquartered in Irvine, California.</p> <p>The deal includes upfront cash proceeds of approximately CAD $43 million (US $31 million), with the purchaser also assuming certain net liabilities totaling approximately CAD $17 million (US $12 million). The transaction is expected to close in Calian's fourth fiscal quarter, subject to customary closing conditions and consents.</p> <p>Calian said the divestiture is part of a broader portfolio strategy to focus on defence, space, healthcare, and nuclear sectors across Canada, http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+to+sell+U.S.+commercial+IT+unit+to+Trace3+for+%7ECAD+%2443M/26977277.html Wed, 26 Aug 2026 07:20:17 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Press+Releases/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html <p>OTTAWA, Ontario, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Calian Group Ltd. (“the Company”) (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other critical infrastructure sectors, today announced it has entered into a definitive agreement to sell its United States (U.S.) commercial IT business based in Houston, Texas, to Trace3, a leading technology solutions provider and digital transformation consultancy headquartered in Irvine, California.</p> <p>The agreement provides upfront cash proceeds of approximately CAD $43 million (US $31 million) and the assumption of certain net liabilities totalling approximately CAD $17 million (US $12 million) by the http://www.streetinsider.com/Press+Releases/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html Wed, 26 Aug 2026 07:20:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Press+Releases/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html <p>OTTAWA, Ontario, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Calian Group Ltd. (“the Company”) (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other critical infrastructure sectors, today announced it has entered into a definitive agreement to sell its United States (U.S.) commercial IT business based in Houston, Texas, to Trace3, a leading technology solutions provider and digital transformation consultancy headquartered in Irvine, California.</p> <p>The agreement provides upfront cash proceeds of approximately CAD $43 million (US $31 million) and the assumption of certain net liabilities totalling approximately CAD $17 million (US $12 million) by the http://www.streetinsider.com/Press+Releases/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html Wed, 26 Aug 2026 07:20:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Press+Releases/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html <p>OTTAWA, Ontario, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Calian Group Ltd. (“the Company”) (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other critical infrastructure sectors, today announced it has entered into a definitive agreement to sell its United States (U.S.) commercial IT business based in Houston, Texas, to Trace3, a leading technology solutions provider and digital transformation consultancy headquartered in Irvine, California.</p> <p>The agreement provides upfront cash proceeds of approximately CAD $43 million (US $31 million) and the assumption of certain net liabilities totalling approximately CAD $17 million (US $12 million) by the http://www.streetinsider.com/Press+Releases/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html Wed, 26 Aug 2026 07:20:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Press+Releases/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html <p>OTTAWA, Ontario, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Calian Group Ltd. (“the Company”) (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other critical infrastructure sectors, today announced it has entered into a definitive agreement to sell its United States (U.S.) commercial IT business based in Houston, Texas, to Trace3, a leading technology solutions provider and digital transformation consultancy headquartered in Irvine, California.</p> <p>The agreement provides upfront cash proceeds of approximately CAD $43 million (US $31 million) and the assumption of certain net liabilities totalling approximately CAD $17 million (US $12 million) by the http://www.streetinsider.com/Press+Releases/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html Wed, 26 Aug 2026 07:20:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Globe+Newswire/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html <p>OTTAWA, Ontario, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Calian Group Ltd. (“the Company”) (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other critical infrastructure sectors, today announced it has entered into a definitive agreement to sell its United States (U.S.) commercial IT business based in Houston, Texas, to Trace3, a leading technology solutions provider and digital transformation consultancy headquartered in Irvine, California.</p> <p>The agreement provides upfront cash proceeds of approximately CAD $43 million (US $31 million) and the assumption of certain net liabilities totalling approximately CAD $17 million (US $12 million) by the http://www.streetinsider.com/Globe+Newswire/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html Wed, 26 Aug 2026 07:20:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Globe+Newswire/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html <p>OTTAWA, Ontario, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Calian Group Ltd. (“the Company”) (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other critical infrastructure sectors, today announced it has entered into a definitive agreement to sell its United States (U.S.) commercial IT business based in Houston, Texas, to Trace3, a leading technology solutions provider and digital transformation consultancy headquartered in Irvine, California.</p> <p>The agreement provides upfront cash proceeds of approximately CAD $43 million (US $31 million) and the assumption of certain net liabilities totalling approximately CAD $17 million (US $12 million) by the http://www.streetinsider.com/Globe+Newswire/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html Wed, 26 Aug 2026 07:20:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Globe+Newswire/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html <p>OTTAWA, Ontario, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Calian Group Ltd. (“the Company”) (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other critical infrastructure sectors, today announced it has entered into a definitive agreement to sell its United States (U.S.) commercial IT business based in Houston, Texas, to Trace3, a leading technology solutions provider and digital transformation consultancy headquartered in Irvine, California.</p> <p>The agreement provides upfront cash proceeds of approximately CAD $43 million (US $31 million) and the assumption of certain net liabilities totalling approximately CAD $17 million (US $12 million) by the http://www.streetinsider.com/Globe+Newswire/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html Wed, 26 Aug 2026 07:20:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Globe+Newswire/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html <p>OTTAWA, Ontario, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Calian Group Ltd. (“the Company”) (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other critical infrastructure sectors, today announced it has entered into a definitive agreement to sell its United States (U.S.) commercial IT business based in Houston, Texas, to Trace3, a leading technology solutions provider and digital transformation consultancy headquartered in Irvine, California.</p> <p>The agreement provides upfront cash proceeds of approximately CAD $43 million (US $31 million) and the assumption of certain net liabilities totalling approximately CAD $17 million (US $12 million) by the http://www.streetinsider.com/Globe+Newswire/Calian+announces+agreement+to+sell+its+U.S.+commercial+IT+business+to+Trace3/26977276.html Wed, 26 Aug 2026 07:20:00 -0400 A.22694973 CGY O.00673993 O.01270483 http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+completes+%2451.5M+acquisition+of+Galaxy+Broadband/26969060.html <p>Calian Group Ltd. (TSX: CGY) announced it has completed the acquisition of Galaxy Broadband Communications, a Canadian satellite communications company headquartered in Mississauga, Ontario.</p> <p>The deal includes upfront consideration of approximately $24 million and an additional earnout of $27.5 million, subject to customary closing conditions. Calian had announced a definitive agreement to acquire Galaxy Broadband from Crown Capital Partners Inc. on June 26, 2026. The acquisition followed approval on August 11, 2026, of required amendments to Crown Capital Partners Inc.'s secured subordinated debentures.</p> <p>Galaxy Broadband provides satellite communications and remote connectivity solutions to government, defence, critical infrastructure and remote community customers. The http://www.streetinsider.com/Mergers+and+Acquisitions/Calian+completes+%2451.5M+acquisition+of+Galaxy+Broadband/26969060.html Mon, 24 Aug 2026 17:10:01 -0400 CGY O.00673993