Companies such as Varian Associates, Hewlett-Packard, Eastman Kodak, General Electric, and Lockheed Corporation moved into Stanford Industrial Park and made the mid-Peninsula area into a hotbed of innovation which eventually became known as Silicon Valley. He served as Provost at Stanford from 1955 to 1965. During his tenure, Terman greatly expanded the science, statistics and engineering departments in order to win more research grants from the Department of Defense. These grants, in addition to the funds that the patented research generated, helped to catapult Stanford into the ranks of the world's first class educational institutions, as well as spurring the growth of Silicon Valley.
Fred TermanF.E. TermanTerman
private equity fundsprivate equityBuyout fund
High returns: Consistent with the risks outlined above, private equity can provide high returns, with the best private equity managers significantly outperforming the public markets. Real estate fund. Special purpose private equity fund. History of private equity and venture capital. List of private equity firms for a list of the largest active private equity investment firms. Taxation of private equity and hedge funds. Distribution waterfall. Krüger Andersen, Thomas. Legal Structure of Private Equity Funds. Private Equity and Hedge Funds 2007. Prowse, Stephen D. The Economics of the Private Equity Market. Federal Reserve Bank of Dallas, 1998.
HPHewlett PackardHewlett-Packard Company
Hewlett-Packard also had the naming rights arrangement for the HP Pavilion at San Jose, home of the San Jose Sharks NHL hockey team until 2013, in which the arena's naming rights were acquired by SAP AG, renaming the arena to the SAP Center at San Jose. The company also maintains a number of corporate sponsorships in the business sector, including sponsorships of trade organisations including Fespa (print trade exhibitions), and O'Reilly Media's Velocity (web development) conference.
ShockleyShockley SemiconductorShockley Transistor Corporation
It was the first high technology company in what came to be known as Silicon Valley to work on silicon-based semiconductor devices. In 1957, eight leading scientists resigned and became the core of what became Fairchild Semiconductor. Shockley Semiconductor never recovered from this departure, and was purchased by Clevite in 1960, then sold to ITT in 1968, and shortly after, officially closed. The building remained, but was repurposed as a retail store. By 2015 plans were made to demolish the site to develop a new building complex. By 2017 the site was redeveloped with new signage marking it as the "Real Birthplace of Silicon Valley."
Mountain ViewMountain View, CACampbell, California
Notable private schools in Mountain View include: Khan Lab School, a laboratory school associated with Khan Academy; Saint Francis High School, a Roman Catholic secondary school; German International School of Silicon Valley (GISSV), a PK-12 German-English bilingual international school; and Yew Chung International School of Silicon Valley, a PK-12 Chinese-English bilingual international school. Mountain View has one central public library, the Mountain View Public Library, which has video, music, books, and access to the Internet. During the 2006-2007 fiscal year, 810,589 customers visited the library.
Similarly, other important places, such as Wall Street, Madison Avenue, Silicon Valley, Hollywood, Vegas, and Detroit are commonly used to refer to the industries that are located there (finance, advertising, high technology, entertainment, gambling, and motor vehicles, respectively). Such usage may persist even when the industries in question have moved elsewhere, for example, Fleet Street continues to be used as a metonymy for the British national press, though it is no longer located in the physical street of that name. -onym. Antonomasia. Deferred reference. Eggcorn. Eponym. Enthymeme. Euphemism by comparison. Generic trademark. Kenning. Meronymy. Newspeak. Pars pro toto. Slang.
Hoefler (October 3, 1922 – April 15, 1986) was an American journalist, well known for using the term "Silicon Valley" for the first time in print. His friend Ralph Vaerst suggested the name "Silicon Valley" in a series of articles entitled "Silicon Valley, USA" in the weekly trade newspaper Electronic News starting on January 11, 1971. Before working on his weekly newsletter, Hoefler was a publicist and reporter for Fairchild Publications, McGraw-Hill, RCA Corp. and Fairchild Semiconductor.
Intel CorporationIntel Corp. Intel Corporation
Intel Corporation (commonly known as Intel and stylized as intel) is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world's second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel ranked No. 46 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell.
Robert N. NoyceNoyce, RobertRobert H. Noyce
Robert Norton Noyce (December 12, 1927 – June 3, 1990), nicknamed "the Mayor of Silicon Valley," was an American physicist who co-founded Fairchild Semiconductor in 1957 and Intel Corporation in 1968. He is also credited (along with Jack Kilby) with the realization of the first integrated circuit or microchip that fueled the personal computer revolution and gave Silicon Valley its name. Noyce was born on December 12, 1927, in Burlington, Iowa the third of four sons of the Rev. Ralph Brewster Noyce. His father graduated from Doane College, Oberlin College, and the Chicago Theological Seminary and was also nominated for a Rhodes Scholarship.
technology companiestechnologytechnology industry
These include Silicon Valley in the San Francisco Bay Area, Silicon Docks in Dublin, Silicon Hills in Austin, Tech City in London; Digital Media City in Seoul, Zhongguancun in Beijing and International Tech Park in Bangalore. Information technology (IT) companies and high tech companies are subsets of technology companies. List of the largest information technology companies. Deep tech. Dot-com company. Outline of technology.
San Mateo CountySan MateoSan Mateo Counties
Silicon Valley. Thomas Bones (1842–1929), lumberman in this area. Visitors Guide from the Visitors Bureau. San Mateo County Library – 12 branches throughout the County and a bookmobile. Peninsula Library System – serving all of San Mateo County. Superior Court Records. SamCERA (San Mateo County Employees' Retirement Association. Brisbane Baylands Project. Diseño del Rancho Cañada de Guadalupe, la Visitacion y Rodeo Viejo : San Mateo Co., Ca at the Bancroft Library.
founders of Fairchild
Another characteristic of Silicon Valley was the mobility of managers and professionals among companies. Partly because of Noyce, Silicon Valley developed a culture of openly denying the hierarchical culture of traditional corporations. People remained faithful to each other, but not to the employer or the industry. Fairchild "alumni" can be found not only in electronics-related, but also financial and public relations companies. *PayPal Mafia The corporate spin-offs created by former employees of Fairchild Semiconductor. This usage was propagated by historian Leslie Berlin through her 2001 review article, PhD thesis, and biography of Robert Noyce. The founders of such firms.
Onex Corporation is a private equity and credit investor and manager founded in 1984., it had more than $33 billion of assets under management. Its private equity investments are made through its Onex Partners and ONCAP family of funds. Its credit platform grew from its establishment in 2007, mainly driven by its collateralized loan obligations. Onex is the largest limited partner in each of the private equity funds that it holds. The Onex management team is required to invest in Onex shares, in each operating business acquired and its credit platform.
History of private equity and venture capital. Kohlberg Foundation. Forbes.com: Forbes World's Richest People (2004). Kohlberg's entry on Forbes 2006 list.
Stanford Industrial Park
It has been called "an engine for Silicon Valley" and "the epicenter of Silicon Valley". The park covers 700 acres (2.8 km²) and has 10 million square feet of commercial real estate in an area surrounding Page Mill Road, south west of El Camino Real and extending beyond Foothill Expressway to Arastradero Road. As of January 2018, the park's 140 buildings house over 150 different companies and their 23,000 employees. It is currently home to companies like Hewlett-Packard, Lockheed Martin, Tesla Motors, Nest, Skype, TIBCO and SAP. VMware is the park's largest tenant as of January 2018.
CiscoCisco Systems, Inc.Cisco Networking Academy
Cisco Systems, Inc. is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley, that develops, manufactures and sells networking hardware, telecommunications equipment and other high-technology services and products. Through its numerous acquired subsidiaries, such as OpenDNS, WebEx, Jabber and Jasper, Cisco specializes into specific tech markets, such as Internet of Things (IoT), domain security and energy management. Cisco stock was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500 Index, the Russell 1000 Index, NASDAQ-100 Index and the Russell 1000 Growth Stock Index.
This, in turn, led to the establishment of many new technology companies and regions around the country such as Silicon Valley in California. Advancements by American microprocessor companies such as Advanced Micro Devices (AMD), and Intel along with both computer software and hardware companies that include Adobe Systems, Apple Inc., IBM, Microsoft, and Sun Microsystems created and popularized the personal computer. The ARPANET was developed in the 1960s to meet Defense Department requirements, and became the first of a series of networks which evolved into the Internet.
In addition, business owners do not sell equity or relinquish control when using revenue-based financing. Lenders that provide revenue-based financing work more closely with businesses than bank lenders, but take a more hands-off approach than private equity investors. A syndicated loan is a loan that is granted to companies that wish to borrow more money than any single lender is prepared to risk in a single loan. A syndicated loan is provided by a group of lenders and is structured, arranged, and administered by one or several commercial banks or investment banks known as arrangers.
J-curveJ curve of revolutionsJ-curve effect
A private equity firm that can make quick returns to investors provides investors with the opportunity to reinvest that cash elsewhere. Of course, with a tightening of credit markets, private equity firms have found it harder to sell businesses they previously invested in. Proceeds to investors have reduced. J curves have flattened dramatically. This leaves investors with less cash flow to invest elsewhere, such as in other private equity firms. The implications for private equity could well be severe. Being unable to sell businesses to generate proceeds and fees means some in the industry have predicted consolidation amongst private equity firms.