Waterloo has a long-established reputation for innovation in security. Our researchers helped invent elliptic-curve cryptography, which helped keep the world secure for the last 15 years. Blackberry, a company known primarily for building the world’s most secure smartphones, was founded here. Today, Waterloo is home to more than 50 security companies committed to making the world a safer place.
There was a lot of exciting news in Waterloo over the last month.
Here are 10 great business and investment stories:
One of the reasons Waterloo, Canada has emerged as a haven for companies looking to scale, expand to the North American market, and grow their talent pipeline is our deep and growing community of industry support organizations.
From local universities and colleges to incubators, hubs and everything in between, Waterloo’s community is geared toward helping businesses succeed.
Last week, Waterloo-based BlackBerry announced that it has acquired Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion. This acquisition makes BlackBerry – once known primarily for building the world’s most secure smartphones – one of the world’s largest cybersecurity firms.