January 12, 2016
Cisco (NASDAQ: CSCO) today opened the doors of its Cisco® Innovation Centre at the Cisco Canada headquarters in downtown Toronto, Ontario. It is one of nine Cisco Innovation Centres worldwide, is designed to catalyze and showcase digital innovation and development. The Cisco Innovation Centre Toronto is the culmination of several years of Cisco's investment in Canada, including: the Cisco Canada Innovation Program, which is investing up to $150 million in Canadian companies and venture capital funds; the establishment of 12 University Research Chairs across Canada; the R&D job creation initiative with the Province of Ontario; the Pan Am/Parapan technology legacy program; and our R&D centres across Canada.
"Cisco's commitment to bring this unique facility to our city shows we are on the path to establishing Toronto and Canada as innovation leaders," said John Tory, Mayor of Toronto.
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