Waterloo EDC Blog

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.

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...

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:

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.