N.L. technology darling Consilient closes its doors
Last Updated: Monday, November 17, 2008 | 5:05 PM NT
CBC News
A St. John's technology company, known as a leading global provider of mobility software, has closed its doors, leaving dozens of people unemployed.
Consilient Technologies developed software that let people receive e-mail on their cell phones. More recently, its focus switched to software that allowed companies to advertise on wireless devices such as phones and blackberries.
It received millions of dollars from the Atlantic Canada Opportunities Agency and private sources. Last week a major investor — Toronto's the Quorum Group — foreclosed on Consilient, leaving the company unable to pay its employees or its rent. At its peak, it employed more than 40 people.
As of Monday, Consilient's St. John's offices on Kenmount Road were locked with all of the furniture and office equipment removed.
On international trade missions, Consilient was held up as a shining example of what could be done in Newfoundland and Labrador. It was an international company with offices in San Francisco and in Southeast Asia.
In 2004, Consilient received $1.5 million from ACOA. In 2006, it received another $3 million from the Atlantic Innovation Fund.
A company official said CEO Trevor Adey was in meetings all day and wouldn't be available for an interview.
Consilient was expected to issue a statement regarding its status on Tuesday.
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