Word: siliconing
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
Arthur Rock, a Silicon Valley venture capitalist who helped financed the launches of Intel and Apple Computer, donated $25 million to the school in January 2003. Two months later, Frank Batten, who started the Weather Channel in 1982, gave $32 million to the capital campaign...
From there, multinational companies began moving up the food chain. Silicon Valley, which for years had been importing highly educated Indian code writers--driving up wage and real estate costs--discovered it was a lot cheaper to export the work to the same highly educated folks over there. So did Wall Street, which employs an army of accountants, analysts and bankers to pore over documents, do deal analysis and maintain databases. The potential list gets longer: medical technicians to read your X rays, accountants to prepare your taxes, even business journalists to interpret companies' financial statements...
...phone about finding yet another error courtesy of their companies' in-house document service, they had an epiphany. They would find a better way of doing that work. This was at the height of the dotcom boom, and everyone they knew was trying to figure out a way to Silicon Valley. These two had a different idea. They would go to India, set up a team of accountants and desktop-publishing experts and persuade investment banks in New York to outsource their confidential financial documents and client presentations halfway around the world...
...entrepreneurs' families, not to mention Silicon Valley's venture capitalists, "were looking at us in a crazy way," Sigelman says, especially when he relocated to Madras. Five years later, as it moves into more complex work, OfficeTiger, with $18 million from British investors, plans to increase the number of its employees in India this year from 1,500 to 2,500 and more than triple its U.S. work force, from...
...office buildings and sprawling corporate campuses are taking shape to handle the flood of new businesses and employees. Major players like IBM, Oracle and Intel are here, as are promising start-ups. At Sony World and Bose, techies are landing lucrative service gigs. It may sound like yesterday's Silicon Valley, but it's very much the present--in the high-tech mecca of Bangalore...