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 Forest notable companies in the Silicon Forest. They may have been founded in the Silicon Forest or have a major subsidiary there. A list of Portland tech startups (technology companies founded in Portland) is provided separately. Silicon Forest Silicon Forest is a nickname for the cluster of high-tech companies located in the Portland metropolitan area in the U.S. state of Oregon, and most frequently refers to the industrial corridor between Beaverton and Hillsboro in northwest Oregon. The name is analogous to Silicon Valley. In the greater Portland area, these companies have traditionally specialized in hardware — specifically test-and-measurement equipment (Tektronix), computer