Ottawa looks to bring more Swedish tech to the city in wake of Ericsson profits

Purchasing Nortel assets during the Ottawa tech firm’s bankruptcy sale last year has paid off handsomely for Swedish telecom giant Ericsson, which posted record Q3 profits last week.

Now a consortium of Ottawa tech companies are in Sweden pitching Ottawa as an ideal city for more wireless firms to do business.

Looking to convince more European companies that Ottawa is ideal for expansion, a delegation from the Ottawa Centre for Research and Innovation (OCRI) and member companies like SiliconPRO, TransGaming Inc, YOU I Labs Inc and Flick Software are showing off tax incentives and other benefits in Stockholm and Helsinki.

As well as tax incentives, Ottawa is also home to many R&D centres, both public and private sector.

The record profits at Ericsson are attributed to both profits in the handset division (held jointly with Sony) as well as savings that came from purchasing Nortel divisions.

Perhaps neighbouring companies will follow.

Company:: Invest Ottawa
Website:: http://www.investottawa.ca
Location:: Ottawa, Ontario, Canada

Invest Ottawa delivers economic development programs and initiatives that increase entrepreneurial momentum, wealth and jobs in the City of Ottawa and its surrounding region. Its goal is to make Ottawa the best place in Canada to start and grow a knowledge-based business. Invest Ottawa services include start-up incubation and mentorship, acceleration for existing companies, global business attraction and local... more

Company:: Flick Software
Website:: http://www.flicksoftware.com
Location:: Ottawa, Ontario, Canada

Flick Software is a mobile technology and services company that offers products and custom mobile engineering services. Our mobile solutions and technology creates business value for you by creating operational efficiencies and competitive differentiation generated through the distribution and collection of information using mobile devices. Flick Software Professional Services Group provides custom application... more

Company:: Transgaming Technologies
Website:: http://transgaming.com
Location:: Toronto, Ontario, Canada

TransGaming Technologies has created the dominant software portability technology that allows game developers to build games for a single system, then migrate them to other platforms - faster, cheaper, and better than anyone else. TransGaming's portability technology is unique in that developers do not need to be thinking about multiple platforms before they commence the development of a game; our technology... more

Company:: YOU i Labs, Inc.
Website:: http://youilabs.com
Location:: Ottawa, Ontario, Canada

Creators of the world’s first intelligent software graphics processing unit ( isGPU). YOU i Labs brings together the experience and people from leading gaming, GUI development, and mobile service companies who have led in their space for over seven years. Together there are over 490 million devices running software developed by our team. Our focus is on developing next-generation technology that enables smart... more

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Robert Janelle

Robert Janelle is a freelance technology journalist living in the National Capital Region. He's spent time covering the Ottawa start-up scene as a columnist and feature writer with his work in National Capital Scan, The Ottawa Citizen, The Ottawa Sun, Kingston Whig-Standard and The Escapist. He also suffers from a mild addiction to video games. more

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