Organization: VenGrowth Investment Fund Inc

Symagery sells to Psion Teklogix for $4.5 million

Ottawa’s Symagery Microsystems Inc has been purchased by Psion Teklogix, Mississauga, for $4.5 million after receiving at least $30 million in venture capital financing and bridge loans. Symagery was formed in 2001as a spinoff of Orisar Inc (formerly Semiconductor Insights Inc) to develop mobile computing and wireless data applications for original equipment manufacturers serving the…