TORONTO, CANADA: Ontario, Canada is helping ViXS Systems Inc., a GTA-based semiconductor solutions provider, develop an energy-efficient network media processor that will help power multimedia platforms such as digital televisions, video recorders, set-top boxes and other products.
Once enabled, these devices will stream content to multiple mobile devices, including iPads, tablets and smart phones. This innovative project will attract and retain world-class talent, commercialize cutting-edge R&D, and promote Ontario as a global Information Communications Technology (ICT) leader.
ViXS is investing $82.8-million in the project, including $10-million in Ontario government funding. The initiative will create 107 new, highly-skilled jobs at ViXS, on top of 54 existing positions. These new jobs will build upon the 97,700 net new jobs that have already been created in Ontario so far this year alone.