HIKVISION will open a research and development center in Montreal as well as a research institute in the Silicon Valley, marking the first time the company has established such facilities outside of China.
Expected to open in 2017, the R&D center in Montreal where Hikvision Canada is based will focus on engineering development, while the Silicon Valley Hikvision Research Institute will focus on broad technology research.
“These 2 major investments underscore Hikvision’s R&D ‘glocalization’ — being global, thinking local — strategy and the commitment to providing innovative, cutting-edge technology products tailored to the needs of our worldwide partners and customers,” Hikvision CEO, Yangzhong Hu, said in a press release.
Jeffrey He, president of Hikvision Canada and Hikvision USA, said Montreal has an “excellent talent pool and business-friendly environment”, while the high-tech hub of Silicon Valley is a logical location for the research institute.
“The new R&D team will augment the services provided by the national enterprise solutions team,” said Eagle Ying, director of technology, Hikvision USA. “Hikvision appreciates that solution requirements are different from region to region. The new Hikvision R&D team will be dedicated to furthering Hikvision innovation on the global scale.” ♦
