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Waterloo EDC Blog

BlackBerry is now one of the world's leading cybersecurity firms

Posted by Waterloo EDC on February 26, 2019

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.

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Topics: quantum, security, technology, automotive, artificial intelligence

Four key lessons from ESCRYPT/Bosch’s move to Waterloo

Posted by Waterloo EDC on February 12, 2019

In 2016, Bosch became the latest of an impressive list of global companies choosing to invest in Waterloo, through a wholly owned subsidiary called ESCRYPT Canada.

This subsidiary is a leader in the area of embedded security, with a focus on secure connected vehicles, smart cities and Internet-of-Things (IoT) security. Today, their Waterloo location is the company’s technical headquarters...

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Topics: security, technology, automotive

News round-up: 10 great January 2019 stories from Waterloo, Canada

Posted by Waterloo EDC on February 1, 2019

There was tons of exciting news in Waterloo over the last month. That made choosing just 10 stories a challenge, but we did it anyway.

Here are 10 great business and investment stories:

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Topics: quantum, technology, automotive, artificial intelligence

Cluster Map lists 100+ autotech businesses in Waterloo

Posted by Waterloo EDC on January 24, 2019

Waterloo has become an epicentre for automotive technology. Our recent survey found that Waterloo now boasts 80+ autotech businesses, from global OEMs and suppliers to tech startups using artificial intelligence and nanotechnology to create new automotive products, and 20+ research and commercialization hubs.

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Topics: technology, automotive

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