Cisco opens Toronto innovation centre

Cisco Systems Inc has officially opened launched its Toronto Innovation Centre in its new Canadian headquarters. The centre will focus on so-called smart technology and the Internet of Things by commercializing promising ideas in the areas of urban and smart city technology, healthcare and financial services. The venture is just the latest expansion of Cisco into Canada and part of a comprehensive agreement with the Government of Ontario. It follows the launch of a $150-million Cisco Canada Innovation Fund, the funding of 12 university resear