Cisco Canada has signed a ten-year deal with the Ontario government that could see the company invest up to $4 billion in the province.Cisco Canada president Nitin Kawale says the company will add up to 1,700 high-tech jobs within the first six years, with a focus on research and development.
Around this time last year, Cisco, in conjunction with the University of Waterloo, held a ribbon-cutting ceremony to celebrate the opening of the Cisco Incubation Centre to nurture Canada’s next generation of entrepreneurs.
The ceremony, which also marked the announcement of a Cisco Research Chair in Smart Grid at the University, was attended by representatives from the Kitchener-Waterloo region, the University, and Cisco Canada.
The Cisco Incubation Centre, located in the University of Waterloo’s David Johnston Research + Technology Park, will primarily focus on providing local start-ups and students with the opportunity to take advantage of Cisco’s collaboration technology, expertise and global partner ecosystem.
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