Open Text Innovation Creating Jobs
March 4, 2010 9:15 AM
McGuinty Government Support Helping Create Nearly 400 New Jobs
Ontario is helping Canada's largest independent software company develop innovative new digital media products, while creating almost 400 new, high-value jobs in Ontario.
A global leader in digital media and information and communications technology, Open Text is conducting research and development into emerging segments of the market, including green computing, mobile applications and high performance systems. These innovations will help Open Text to capture a larger share of the growing digital media industry.
The province is providing a grant of $33.75 million through the Next Generation of Jobs Fund, as part of Open Text's total investment of $225 million over the next five years. The project will create jobs at Open Text's operations in Waterloo, Richmond Hill and Ottawa.
Quick Facts
- Open Text develops software that helps organizations to effectively store, preserve and manage digital content, including business documents, vital records, images, audio, video, email, forms, reports and more. Open Text's solutions are used by 100 million users in some of the world's largest organizations and government agencies in 114 countries.
- To date the Next Generation of Jobs Fund has already leveraged over $3 billion in industry investment and secured almost 6,000 high-value jobs over the next five years.
Learn More
Contacts
- Leigh-Ann Popek
Minister's Office
416-325-0362
leigh-ann.popek@ontario.ca - Mark Ingram
Communications Branch
416-325-4776
mark.ingram@ontario.ca
Ministry of Economic Development and Innovation
ontario.ca/economy