The province has announced a deal that will create up to 1,700 jobs in Ontario's tech sector over the next six years.
Cisco Systems will be investing $4 billion in a 10-year plan to expand research and development. The province will pump in up to $220 million.
Premier Kathleen Wynne says the move makes history as the largest job creating investment seen in Ontario's tech sector.
This is a welcome piece of news for the province, after expected job losses in the closure of the Heinz plant in Leamington, the Kellogg's plant in London and Novartis in Mississauga.
Wynne says the investment is a vote of confidence in the talent Ontario workers have.