Silicon Alley build a US$2 billion graduate school of applied sciences on Roosevelt Island, with the goal of transforming New York City into the world's premier technology capital. As of 2013, Google's second largest office is located in New York. Verizon Communications, headquartered at 140 West Street in Lower Manhattan, was in 2014 in the final stages of completing a US$3 billion fiberoptic telecommunications upgrade throughout New York City. This revival was not restricted to Lower Manhattan, but was spread throughout New York City. Hence "Silicon Alley" has been considered by some observers to be an obsolete term. Silicon Alley Silicon Alley,
Silicon Valley of India Silicon Valley of India The Silicon Valley of India is a nickname of the Indian city of Bangalore. The name signifies Bangalore as a hub for information technology companies in India. It is a reference to the original Silicon Valley of the San Francisco Bay Area, which is the major hub for information technology companies in the United States. One of the earliest mentions of this sobriquet occurred in late 2012 by CNN. The more prevalent application of the nickname Bangalore began in the 1990s based on a concentration of firms specializing in research and development (R&D), electronics and software