Cisco and the Province of Ontario, Canada have signed a 10-year agreement under which Cisco aims to add up to 1,700 high tech jobs in Ontario with a focus on R&D within the first six years.
The agreement also includes a framework with the potential to grow Cisco’s total Ontario employee footprint up to 5,000 by 2024, reflecting a potential total investment of up to $4 billion, including $2.2 billion in salaries alone. The Province of Ontario will provide up to $220 million in support of the total initiative.
http://newsroom.cisco.com/press-release-content?type=webcontent&articleId=1298889
