Silicon Alley rapid halt during the early 2000s recession. During this economic contraction, many internet companies in Silicon Alley folded. The recession also affected publications that covered the sector. After the dot-com bust, the "Silicon Alley Reporter" was rebranded as "Venture Reporter", in September 2001, and sold to Dow Jones. Self-financed AlleyCat News ceased publication in October 2001. A couple of years after the dot-com bust, Silicon Alley began making its comeback with the help of NY Tech Meetup, and NextNY. On December 19, 2011, then Mayor Michael R. Bloomberg announced his choice of Cornell University and Technion-Israel Institute of Technology to
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