Tech Revival Lifts Silicon Valley

The revival of Silicon Valley is on display at the juncture of San Jose’s North First Street and Highway 237, which for years was largely undeveloped. But this year, networking-technology firm Brocade Communications Systems Inc. moved into a new 525,000-square-foot corporate campus in the area as it hired 600 new employees, boosting its headcount to about 5,000. Retailer Target Corp. has opened a store a few doors down, and a hotel is set to open nearby next year.

“We grew in a tough time and added people in a really challenging environment,” said Mike Klayko, Chief Executive of Brocade, which increased revenue seven percent to $2.1 billion in its fiscal year ended in late October. He added that Brocade currently has another 325 open jobs in Silicon Valley. “We’re interviewing all the time,” he said.

Read the rest of this post on the original site


Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »