OpenText investing $2B in 1,200 new cloud computing jobs in Ontario, Canada
April 25, 2014
Grazed from VentureBeat. Author: John Koetsier.
Enterprise information management leader OpenText said today that it would be doubling its workforce in Ontario, Canada by hiring 1,200 new employees. That’s an investment of up to $2 billion, the company said, and it comes with a government inducement, as the government of Ontario gave the company a one-time grant of $120 million.
“We are an Ontario-grown global company,” CEO Mark Barrenechea said in a statement. “And we chose to invest here because of the highly educated workforce, our strong university partnerships in R&D, as well as the province’s robust and innovative startup communities.”…
It’s the second major investment story in the Canadian province in the last number of months, as Cisco announced in December of 2013 that it was pouring $4 billion into its Ontario operations. Ontario now ranks second in North America — behind California and ahead of Texas — in ICT companies, provincial representatives told me…
Read more from the source @ http://venturebeat.com/2014/04/25/opentext-investing-2b-in-1200-new-cloud-computing-jobs-in-ontario-canada/
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