Federal government investing $15.9M to support EXFO 5G centre of excellence in Montréal

MONTRÉAL — Innovation, Science and Economic Development Canada (ISED) announced today an investment of $15.9 million through its Strategic Innovation Fund to support a $77-million project with EXFO Inc. to create a 5G centre of excellence in Montréal. EXFO is a Quebec City-based telecom testing, monitoring and analytics solution provider. Founded in 1985, it is the parent company of 31 global subsidiaries and employs 1,900 people globally including 732 in Canada, according to a press release. “Through this project, EXFO intends to develop one of the world’s first artificial intelligence (AI) based automated network solutions that will autonomously run 5G network testing...