Indecliningindustrial regions of theUnited StatesandEurope, plannersaretoday hatching plots to revitalize downtroddenneighborhoodsorcollapsingindustrial regions as newhigh-techcorridors.
The high point of President Medvedev's stay in the United States will be his visit to Silicon Valley - an area in northern California known for its high-tech companies, venture capitalists and forward-looking entrepreneurs.
VOA: standard.2010.06.18
UnitedTech had been one of the many names thrown around as a possible buyer for Schaffhausen, Switzerland-based Tyco International.
UnitedTech was active in its aerospace business during the quarter, agreeing to acquire aircraft part maker Goodrich and cutting an expanded deal with Rolls Royce on next-generation engines for mid-sized jets.
India's booming software industry, which is increasingly doing work for U.S. companies, could surpass the United States in software and tech service jobs by 2010, he said.