Procurement dinosaurs targeted by U.S. firm buying Waterloo ‘GovTech’ startup

[ad_1] Waterloo-based procurement software startup Bonfire Interactive Ltd. is being acquired for US$108 million by an American firm with plans to create new publicly traded entity focused on the growing market for “GovTech.” Bonfire announced Wednesday that it had been bought by GTY Technology Holdings Inc., a special acquisition vehicle that is also buying five other…

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