Fredericton-based Envenio, whose technology assists in the understanding of fluid dynamics, has quietly exited, being taken over by San Francisco electronic cigarette company Juul.
Neither Envenio nor Juul has put out a public statement on the deal and no one from the New Brunswick company is talking. However, Monica Schnitger, head of Massachusetts engineering software consultancy Schnitger Corp., blogged in late November that the deal had taken place, though she had no details on the price. People familiar with the matter have confirmed that it occurred.
Juul, which has 800 employees, was