Waterloo Maple
 |
|
| Private | |
| Industry | Symbolic Computation, Software, Technical Computing |
| Founded |
20 April 1988 (Waterloo Maple Software) |
| Founder | Keith Geddes and Gaston Gonnet |
| Headquarters | Waterloo, Ontario, Canada |
| Parent | Cybernet Systems Group |
| Website | www.maplesoft.com |
20 April 1988 (Waterloo Maple Software)
Waterloo Maple Inc. is a Canadian software company, headquartered in Waterloo, Ontario. It operates under the trade name Maplesoft. It is best known as the manufacturer of the Maple computer algebra system, MapleSim physical modeling and simulation software, and Maple T.A., an online testing and assessment tool.
Waterloo Maple Inc. was first incorporated under the name Waterloo Maple Software in April 1988 by Keith Geddes and Gaston Gonnet, who were both then professors in the Symbolic Computation Group, a part of the computer science department (now the David R. Cheriton School of Computer Science) at the University of Waterloo.
Tim Bray served as the part-time CEO of Waterloo Maple Inc. from 1989-1990. During this period he claims in his resume that he helped save the company from one close encounter with bankruptcy by "instituting financial discipline".
Gonnet left the company in 1994 after a failed attempt to purchase a controlling stake despite already owning 30% of the shares, and following protracted disagreements over the management of the company sold his remaining share in 2001.
In 1998-04-20, Waterloo Maple Inc. announced its relocation to Seagram Museum in Waterloo, which was itself the former location of the original Seagram distillery.
In 2003-03-03, Waterloo Maple Inc. announced the immediate introduction of the name Maplesoft as its primary business name.
In 2003-05-27, Maplesoft announced relocating its headquarters to Waterloo Tech Campusat 615 Kumpf Drive, North Waterloo, and expected to begin operation at the relocated site on 2003-09-02.
In 2008-07-16, Maplesoft announced Cybernet Systems Taiwan was appointed as a Maplesoft Reseller for the Commercial and Government markets.
In 2009-07-30, Maplesoft announced it has signed a definitive agreement to be acquired by Cybernet Systems Co., Ltd. In 2009-07-31, Cybernet Systems Co., Ltd. announced its acquisitions of all outstanding shares of Waterloo Maple Inc., with transaction to be executed via Cybernet Holdings CANADA, Inc, with consolidation to be completed by 2009-09-01.
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