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.

A new report that seeks to shine “a light on the Waterloo region technology scene” using publicly-available company information has found that the local tech community is exceptionally diverse, operating in more than 60 different sectors of the economy.

Talent is a challenge in tech. Software developers, data scientists and product managers are always in short supply and high demand. This means these hires are also very expensive. It’s even worse if you’re in a big city or tech hub like Silicon Valley.

We have good news for you: Waterloo can help. You just need to locate here.

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 for...