OpenText Investing $2 Billion in 1,200 New Cloud Computing Jobs in Ontario

Posted by Techvibes NewsDesk

Ontario is partnering with Waterloo-based OpenText to support the company's expansion and create as many as 1,200 jobs.

OpenText will carry out its key research and development work on cloud computing in Ontario. OpenText will invest up to $2 billion in its Ontario operations, supported by a provincial grant of up to $120 million.

OpenText will be hiring in the Waterloo Region, Toronto, Richmond Hill, Peterborough, Kingston and Ottawa. The jobs will include high-value research and development positions and in marketing, human resources, accounting and facilities management. Through this project, OpenText will expand its workforce in Ontario to more than 2,400.

SEE ALSO: Cisco to Invest $4 Billion in Ontario, Create 1,700 Jobs

The investment bolsters Ontario's position as North America's second biggest centre for information and communications technology, behind only California.

"This investment is a terrific example of how government can partner with business to help create jobs and grow the economy. OpenText is a great Ontario success story, and we are proud to support its continued growth here in the province in the Waterloo Region, Toronto, Richmond Hill, Peterborough, Kingston and Ottawa," said Ontario Premier Kathleen Wynne at the announcement.

Company:
OpenText
Website:
http://www.opentext.com
Location:
Waterloo, Ontario, Canada

OpenText, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. OpenText brings two decades of expertise supporting millions of users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organizations capture and preserve corporate memory, increase brand... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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