Top 100 Silicon Valley Companies and People – Top 100 Silicon Valley Genius

Posted In Web and Media News - By Jay Thadeshwar On Tuesday, December 20th, 2011 With 1 Comment

Top 100 Silicon Valley Companies and People – Top 100 Silicon Valley Genius

Silicon Valley refers to the southern part of the San Francisco Bay Area in Northern California in the United States. The region is home to many of the world’s largest technology corporations. The term originally referred to the region’s large number of silicon chip innovators and manufacturers, but eventually came to refer to all the high-tech businesses in the area; it is now generally used as a metonym for the American high-tech sector. Despite the development of other high-tech economic centers throughout the United States and theworld, Silicon Valley continues to be the leading hub for high-tech innovation and development, accounting for 1/3 of all of the venture capital investment in the United States.[2] Geographically, the Silicon Valley encompasses all of the Santa Clara Valley including the city of San Jose (and adjacent communities), the southern Peninsula, and the southern East Bay.

The term Silicon Valley was coined by Ralph Vaerst, a successful Central California entrepreneur. Its first published use is credited to Don Hoefler, a friend of Vaerst’s, who used the phrase as the title of a series of articles in the weekly trade newspaper Electronic News. The series, entitled “Silicon Valley in the USA,” began in the paper’s issue dated January 11, 1971. Valley refers to the Santa Clara Valley, located at the southern end of San Francisco Bay, while Silicon refers to the high concentration of companies involved in thesemiconductor (silicon is used to create most semiconductors commercially) and computer industries that were concentrated in the area. These firms slowly replaced the orchards which gave the area its initial nickname, the Valley of Heart’s Delight.

Stanford Industrial Park

After World War II, universities were experiencing enormous demand due to returning students. To address the financial demands of Stanford’s growth requirements, and to provide local employment opportunities for graduating students, Frederick Terman proposed the leasing of Stanford’s lands for use as an office park, named the Stanford Industrial Park (later Stanford Research Park). Leases were limited to high technology companies. Its first tenant was Varian Associates, founded by Stanford alumni in the 1930s to build military radar components. However, Terman also found venture capital for civilian technology start-ups . One of the major success stories was Hewlett-Packard. Founded in Packard’s garage by Stanford graduates William Hewlett and David Packard, Hewlett-Packard moved its offices into the Stanford Research Park slightly after 1953. In 1954, Stanford created the Honors Cooperative Program to allow full-time employees of the companies to pursue graduate degrees from the University on a part-time basis. The initial companies signed five-year agreements in which they would pay double the tuition for each student in order to cover the costs. Hewlett-Packard has become the largest personal computer manufacturer in the world, and transformed the home printing market when it released the first ink jet printer in 1984. In addition, the tenancy of Eastman Kodak and General Electric made Stanford Industrial Park a center of technology in the mid-1990s.

Let’s See Who Makes it to the Top 100 Silicon Valley People and Companies List of 2011

 

 

 

Jay Thadeshwar

About - Jay blogs about social media, web, online marketing and technology. He is a management student and digital enthusiast. Web fascinates him and his passion for social media resulted into this blog called TechTheBest.com. Check out - My Google Profile+, and Jay's short bio.

Displaying 1 Comments
Have Your Say

  1. Estella Gaw says:

    Wow that was unusual. I just wrote an really long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyway, just wanted to say excellent blog!

Leave a comment

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>