Ontario, Canada has partnered with ViXS
Systems, a semiconductor solutions provider, to develop an energy-efficient
network media processor that will help power multimedia platforms.
These devices will stream content to multiple
mobile devices, including iPads, tablets and smart phones. This project will
attract and retain talent, commercialize cutting-edge R&D, and promote
Ontario as a global Information Communications Technology (ICT) leader.
“With support from the Ontario
government, we’re positioning ViXS as an ahead-of-the-curve leader in digital
media delivery. Through this investment, we can increase our world-class
employee base, expand our global presence and support the GTA’s ever-growing
ICT cluster development,” said Sally Daub, CEO of ViXS Systems.
ViXS has invested $82.8-million in the
project, including $10-million in Ontario government funding. The initiative
will create 107 new, highly-skilled jobs at ViXS, on top of 54 existing
positions. These new jobs will build upon the 97,700 net new jobs that have
already been created in Ontario so far this year alone.
“In 2009, Ontario’s ICT sector
contributed an impressive $26.7 billion to Ontario’s GDP. With this
partnership, ViXS is one step closer to providing unparalleled access to
streamed media content to enhance the video entertainment experience, and
secure Ontario’s rightful place as a global ICT leader,” said Brad Duguid,
Minister of Economic Development and Innovation.
By Telecomlead.com Team