Ontario is helping a leader in Information and Communications Technology (ICT) develop the next generation of network solutions, while creating up to 75 new positions, and retaining 195 high-value jobs.
Waterloo-based Sandvine is an award-winning provider of Internet equipment and software that helps network operators to:
- Better understand network traffic,
- Manage network congestion,
- Create new services,
- Mitigate malicious traffic,
- Deliver sensitive multimedia traffic with a high degree of quality and reliability.
Sandvine is developing new products that will help network operators create new service plans and manage network traffic. These products will improve Internet subscribers' experience and meet growing consumer demand for high-bandwidth, quality-sensitive applications, like streaming video.
Ontario is providing a grant of up to $25.5 million as part of Sandvine's total investment of nearly $170 million over five years. This investment supports the province's five-year
Open Ontario plan to create new job opportunities and help promote economic growth.