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 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 Campus at 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. As a result of this acquisition, 10% of the workforce at the time lost their jobs. In 2012-06-26, Maplesoft announced its entry to Modelica-based professional consulting services, which included model development and simulation services, analysis and tool development, real-time plant-model code generation, and training. In 2018-06, Maplesoft announced that it was spinning off its Möbius and Maple T.A. products to a new, independent company called DigitalEd.
Subsidiaries
Maplesoft France: Division based in Versailles, France. In 2015-01-20, Maplesoft announced the opening of its office in Paris, France.
Maplesoft GmbH/Maplesoft Europe GmbH: Division based in Aachen, Germany. In 2010-03-31, Maplesoft announced the opening of its first office in Germany, replacing Scientific Computers as reseller in Germany and Austria. In 2011-02-15, the office was registered as Maplesoft Europe GmbH.
Cybernet Systems Korea /Maplesoft Korea: A Maplesoft distributor in Korea. In 2012-07-15, Maplesoft announced the opening of Cybernet Systems Korea and Cybernet Systems Korea as the exclusive distributor Maplesoft products in Korea.
Maplesoft Europe Limited: Division based in Cambridge, UK. In 2013-11-18, Maplesoft announced the opening of a new office in Cambridge, UK, which would act as the headquarters for Maplesoft's European operations, including offices in France and Germany. In 2016-01-14, Maplesoft announced a reseller agreement with EnginSoft, where EnginSoft would represent Maplesoft in the commercial markets in Germany, France, Italy, UK, Nordic, Spain, and Turkey.
Products
Information above taken from the official Maplesoft website.
