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Montag, 5. Januar 2009

Whatever Happened to Silicon Valley Innovation?

Short-term thinking and increasing risk aversion have stifled the tech center's spirit. But innovators still lurk there, if you look for them

Starting in 1995, the company raised more than $300 million in a nervy bid to reinvent the market for chips powering portable computers. Yet Transmeta struggled in recent years, and the grand hopes officially ended on Nov. 17, when the Santa Clara (Calif.) company agreed to be acquired by a little-known rival. In the empty lobby of the company's headquarters shortly... more details in Business Week here...

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