Maplesoft sold to Japanese reseller

WATERLOO – Mathematical and analytical software maker Maplesoft is acquired by Tokyo-based reseller Cybernet Systems Co. Ltd. Maplesoft, a mainstay of Maplesoft118X39.jpgthe Waterloo tech community for more than 20 years, has a long-standing relationship with the Japanese firm, which is responsible for having greatly expanded demand for Maplesoft’s products in Japan’s professional and academic sectors. Cybernet will continue to run Maplesoft under the same name, and retain all 125 staff and management jobs, for at least five years, according to the Waterloo firm.
Originally called Waterloo Maple, Maplesoft was established in 1988 by two University of Waterloo professors to commercialize algebra software they had developed for students. Among its clients are such industry heavyweights as Ford, BMW, Boeing, NASA, the Canadian Space Agency and DreamWorks.

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