Cisco boosts Toronto’s tech credibility with $100-million innovation hub – The Globe and Mail
In the global race to attract high-tech business, Toronto appears to be pulling ahead.
Cisco Systems Inc. said Wednesday that it has chosen Canada’s largest city as one of its four new global innovation hubs, a $100-million investment. The move, which follows a December announcement by the Ontario government that it will give financial support to help the company expand, adds to a sense of momentum around the province’s tech sector.
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