Cisco invests in Waterloo incubation centre, research

Cisco is making two new investments in Ontario’s Kitchener-Waterloo area. 

The company officially opened the new Cisco Incubation Centre on Thursday morning. It will be part of the David Johnston Research and Technology Park at the University of Waterloo (UW), as reported in the Kitchener-Waterloo Record.

The incubation facility will give students access to Cisco’s collaboration technology, expertise and worldwide partner system, the company said in a statement. The centre will be linked to similar research parks around the world. 

It’s part of Cisco’s move to strengthen its ties with Canadian university R&D programs. It has similar relationships with the University of Winnipeg, the University of New Brunswick and the Vancouver Island Technology Park. 

Smart power grid technologies are the focus of the new research chair position created by Cisco. (Photo:Shutterstock

Cisco also said Thursday it will invest $1 million over the next five years to create a research chair position at UW focused on new smart grid technologies. The inaugural chair will be held by UW computer science professor Srinivasan Keshav, who is also a Canada Research Chair in tetherless computing. 

Source | Kitchener-Waterloo Record 

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Empowering the hybrid workforce: how technology can build a better employee experience

Across the country, employees from organizations of all sizes expect flexibility...

What’s behind the best customer experience: How to make it real for your business

The best customer experience – the kind that builds businesses and...

Overcoming the obstacles to optimized operations

Network-driven optimization is a top priority for many Canadian business leaders...

Thriving amid Canada’s tech talent shortage

With today’s tight labour market, rising customer demands, fast-evolving cyber threats...

Staying protected and compliant in an evolving IT landscape

Canadian businesses have changed remarkably and quickly over the last few...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now