Markham returns to Collision with exciting new investment announcements

MARKHAM, ON – June 21, 2022 – The City of Markham proudly partnered with York Region, businesses and accelerator partners to return to showcase Markham’s innovation ecosystem to the world at North America’s fastest-growing high-tech conference, Collision.

Speaking from the stage at York Region’s Pavilion, Markham Mayor Frank Scarpitti delivered a series of announcements highlighting recent tech company investments in Markham. These investments will add a significant number of jobs to Markham and the Region.

“The City of Markham welcomes Syntronic and Astera Labs into our thriving innovation and tech ecosystem,” says Markham Mayor Frank Scarpitti. “These companies chose Markham because of our established network of thriving technology companies, our strong business reputation, deep pool of skilled and diverse talent that they can draw on to innovate and scale. These are just some examples of the latest successful collaborations between the City and our strategic partners Toronto Global and York Region to attract and support new global corporate investments and office expansions into Markham, York Region and the Toronto Region.”

“York Region is proud of our partnership between the City of Markham and Toronto Global to support new companies into the Region and create new jobs for our communities,” says York Region Chair Wayne Emmerson. “These latest investments demonstrate our fruitful partnership.”

“Toronto Global was pleased to work with our partners in York Region to help Syntronic establish its new office in Markham,” said Stephen Lund, CEO, Toronto Global. “Syntronic’s expertise in advanced wireless communication technology will bring strategic value to existing companies in the Toronto Region’s automotive and telecommunications sectors.”

Markham, the Centre of Canada’s second largest ICT cluster, is powered by more than 1,500 tech businesses that generate 37,000 jobs to make up a fifth of the City’s total employment. Markham is home to global tech giants and emerging innovators that invest in developing cutting edge innovations including IBM, AMD, GM Canada, GE, Fluidigm, CGI, Iristel, Bluewrist, TROES Technologies, Pond Technologies and many others. The City’s robust innovation ecosystem is supported by a rich network of accelerators including ventureLAB, YSpace and Seneca-HELIX to assist Markham’s thriving tech companies.

City of Markham and strategic partners Toronto Global and York Region joined Syntronic team in a ribbon cutting ceremony at Collision to launch Syntronic’s new office in Markham. (L to R): Amin Rajaie, Syntronic; Wayne Emmerson, York Region Chair; Markham Mayor Frank Scarpitti; Darrell Wellington, Senior VP of Syntronic Canada; Stephen Lund, Toronto Global CEO; and Taimoor Nawab, Syntronic.

Markham Mayor Frank Scarpitti joined Astera Labs Canada's Site Director Sagar Satish and York Region Chair Wayne Emmerson, at Collision to celebrate Astera's exciting future growth plan.
 

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Markham Mayor Frank Scarpitti's Office:
At mayorscarpitti@markham.ca.

All other media inquiries / interview requests for the City of Markham:
Kisha Powell, Media Relations & Communications Specialist at kpowell@markham.ca.

About Markham: Markham, an award-winning municipality with more than 356,000 residents and the largest of nine communities in York Region, is home to over 650 headquartered companies and more than 1,500 high tech and life science companies. Markham is a leader in attracting foreign direct investment with more than 234 foreign companies located in the City. Founded in the 1790s, today Markham is Canada’s most diverse community and enjoys a rich heritage, outstanding community planning and services, and a vibrant local economy.

About the #YRtech Pavilion at Collision Conference: York Region is Canada’s second largest tech hub with more than 4,500 tech companies, 54,000 businesses and 600,000 jobs. York Region is proudly hosting the #YRtech Pavilion at this year’s Collision Conference, in collaboration with its nine cities and towns, to share the amazing stories of innovation, partnership and business expansions occurring within the Region’s tech ecosystem.
 

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