From the commencement of technology history, a vast deal of the IT analytical solutions has been reaching the worldwide market from California’s Silicon Valley. There are several different approaches to describing this general IT-tendency.
First level: Community
Community: The first tier frequently focuses on Silicon Valley’s professional community. About half century, ago Stanford University (Palo-Alto, California) had some economic problems.
Fred Terman tried to resolve the problems by leasing part of the university’s land to high-tech companies for 99 years.
A quarter of the century later this decision was made to designate Silicon Valley’s starting point.
The words “Silicon Valley|” first appeared in 1971 in a group of articles that journalist Don C Hoefler wrote for Technical and Electronic News, known as a weekly industry tabloid.
There was an excellent community to discuss, test and improve the devices.
The second tier was focusing the main points of Information Technology history. From this stage the Silicon Valley is a high-tech region where the following key Technical solutions were launched:
Lee De Forest invented the triode in 1980. He appeared in San Francisco Bay Area in 1910 and acted for the Federal Telegraph Company, which started developing the first global radio communications system in 1912.
The first microprocessor by Intel – 4004-chip, was announced in 1971
1976 the first Personal Computer – Apple-1 was generated by Apple Computer,
The third level was for the Financial Concern.
In this level, “Silicon Valley” was focused on the Financial improvements.
PC revolution. December 1980, Apple operates in public. Morgan Stanley and Co. and Hambrecht & Quist approved an initial unrestricted oblation of 4.6 million parcels of Apple common stock at a price of $22 per share. Every stock is bought within minutes of the offering, making this the largest public offering since Ford went public in 1956
PC revolution. December 1980, Apple went as familiar again. Morgan Stanley and Co. and Hambrecht & Quist approve an initial public offering of 4.6 million shares of Apple common stock at a price of $22 per share. Every stock is bought within minutes of the offering, making this the largest public offering since Ford went public in 1956.
WWW substitution: August 1995, Netscape Communications Corp., a 16-month-old Mountain View corporation was going public. Netscape issued 5 million shares to the public and kept another 33 million for administrators, investment capitalists and other early backers. August, ten closing price left the company with the market estimate of $1.96 billion ” It was the biggest IPO in history.
Timeline of Silicon Valley’s creation:
1848—the first year of the Gold Rush. The rumor of mass gold rush on the south of the California begun to spread.
1849—first ten thousand gold seekers and adventurers arrived in California, which was still a part of Mexic City. At that time, there were only 20,000 American lived in that place.
1850—California became “The Golden State,” also known as “The Milk & Honey” and became more and more popular among investors.
1853—The number of new approached to California exceeds 300 thousand people.
1872— state’s involvement in the regulation.
1891— California Leland Stanford founded Stanford University.
1910 — Lee de Forest, the inventor of the triode, was arrived the South Bay area. Triode was the most critical component for telephone communications, the radio, television, radar, and new digital electronics.
1951—Stanford Industrial Park was established as a high-tech hubby corporations working in close partnership with the University.
1956—William Shockley, co-founder of the semiconductor triode landed in San Francisco Bay Area and established Shockley Semiconductor was a branch of Beckman Instruments in Mountain View.
1957—The “Traitorous Eight” left Shockley Semiconductor to found Fairchild Semiconductor.
1968— Robert Noyce and Gordon Moore left Fairchild Semiconductor to found Intel.
1971— the term “Silicon Valley” was officially published.