Organization: Univ of Toronto

IBM acquires Toronto-based Platform Computing Inc

IBM Corp, Armonk NY, has purchased Toronto-based Platform Computing Inc for an undisclosed sum to boost its capabilities in the emerging high-performance computing sector. As an early entrant into the field of grid computing, Platform has seen success with its Load Sharing Facility software which allows information technology departments of companies to manage exploding data…

DVS Sciences receives $14.6 million in series A financing

DVS Sciences — a Univ of Toronto spin-off — has secured $14.6 million in series A financing, the largest venture-based series A equity financing in the life sciences and medical technology fields in recent years. DVS has developed CyTOF, an analytical instrument that dramatically speeds up the analysis of biomarkers. It recently analyzed 34 biomarkers…

CANARIE supports R&D to ease traffic congestion

CANARIE has invested $700,000 to establish an On-Line Network-Enabled Intelligent Transportation System (ONE-ITS) platform to reduce traffic congestion, fuel consumption and enhance safety in modern urban environments. The platform has been installed at the Univ of Toronto‘s ITS Centre and Testbed allowing collaborative R&D to be conducted among widely dispersed researchers. The platform will utilize…

Automotive partnership fund makes four awards

The Automotive Partnership Fund (APF) has invested $14.9 million in four university-based projects worth a total of $28.7 million. The largest award ($10.6 million) goes to a $16-million R&D project at McMaster Univ for a project entitled Network for the Engineering of Complex Software Intensive Systems for Automotive Systems in collaboration with General Motors Canada,…

QS ranking includes 10 Canadian universities

McGill Univ is the top ranked of 10 Canadian university that were placed in the latest world university ranking by Quacquarelli Symonds (QS), a UK-based student services firm. McGill ranked 19th in the 2010 ranking of 400 institutions and was one of four that placed in the top 100 ahead of the Univ of Toronto…

MaRS Innovation to commercialize two technologies

MaRS Innovation has announced its first two medical technologies for commercialization. MaRS Innovation — funded through the Centres of Excellence for Commercialization and Research program (R$, October 7/08) — is collaborating with the Samuel Lunenfeld Research Institute (SLRI) to commercialize an umbilical cord stem cell technology to initially treat diabetes and possible cardiovascular disease and…

IBM and OCE launch cloud computing pilot

IBM, the Ontario Centres of Excellence (OCE) and several Ontario-based universities and health institutes are participating in a pilot project to deliver anywhere, anytime access to IBM’s proprietary business software via cloud computing – an emerging compute model for delivering and consuming information technology capabilities as a service. The software — IBM’s WebSphere Integration Developer…

U of T and IBM partner to build supercomputer

The Univ of Toronto has vaulted up the list of the world’s most powerful supercomputers with an agreement between IBM and the university’s SciNet Consortium to build Canada’s most powerful and energy efficient machine. The machine has an innovative hybrid design containing two systems that can work together or independently and is connected to a…

Alberta links with Hong Kong Tech Park

Alberta’s Ministry of Advanced Education has signed a memorandum of understanding with Hong Kong Science and Technology Parks Corp (HKSTP) aimed at easing the entry of Alberta-based companies into the Hong Kong and Chinese markets. The MOU gives Alberta firms access to HKSTP infrastructure, resources and services including its IncuTech Business Incubation Program, laboratories and…

SSHRC invests $22 million in 11 knowledge clusters

The Social Sciences and Humanities Research Council (SSHRC) has awarded $22 million over seven years in 11 knowledge networks. The networks span the range of SSHRC disciplines and include the Research Network for Business Sustainability at the Univ of Western Ontario, an international entrepreneurship strategic knowledge cluster at the Univ of Waterloo, a sustainable prosperity…