CED Awards Adaptiv Networks Funds to Further SD-WAN Innovation

March 05, 2020

By Maurice Nagle, Web Editor

As SD-WAN deployments litter the globe, this quickly maturing technology is still evolving to better meet the demands of the modern enterprise. The cloud era is at hand, digital transformation is no longer optional and offering companies a leg up in this transition is managed SD-WAN services.

Canada Economic Development for Quebec Regions (CED) announced that it awarded Adaptiv Networks (News - Alert) with a $400,000 repayable contribution to further its SD-WAN development efforts. The funding is very much in line with CED’s goal to assist Canadian businesses with moving into the modern economy.

“Helping businesses to grow and innovate so they can enhance their competitiveness and create good jobs is at the heart of our priorities. This is why we are providing our support to Adaptiv Networks, whose success is raising the profile of the entire Gatineau region and Canadian economy. We are here to support workers and Canadian SMEs; we are helping businesses to equip themselves adequately to remain competitive,” The Honourable Mélanie Joly, Member of Parliament for Ahuntsic-Cartierville, Minister of Economic Development and Official Languages and Minister responsible for CED explained.

The contribution comes under CED’s Regional Economic Growth through Innovation program. The program was put in place to support local entrepreneurs leaning on innovation to better compete and accelerate business growth.

“Adaptiv Networks is working in a fast-growing field, where the competition is fierce. CED is a key partner for Adaptiv Networks, supporting our plans for hyper-growth to make the business a world leader in its field,” noted Bernard Breton (News - Alert), CEO, Adaptiv Networks.

Adaptiv Networks and Breton were on display at SD-WAN Expo 2020, offering attendees insight from a leader in the managed SD-WAN space – and based on this week’s announcement, no signs of slowing down.

What’s in your WAN?

Edited by Maurice Nagle

Get stories like this delivered straight to your inbox. [Free eNews Subscription]