Philicon Valley is a neologism for

Philadelphia Philadelphia, often called Philly, is the List of municipalities in Pennsylvania#Municipalities, largest city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, the List of United States cities by population, sixth-largest city i ...

's version of

Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Coun ...

. ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

'' coined the term on November 17, 1999 to refer specifically to the suburbs of

Valley Forge Valley Forge functioned as the third of eight winter encampments for the Continental Army's main body, commanded by General George Washington, during the American Revolutionary War. In September 1777, Congress fled Philadelphia to escape the ...

and

Wayne, Pennsylvania Wayne is an unincorporated community centered in Delaware County, Pennsylvania, on the Main Line, a series of highly affluent Philadelphia suburbs located along the railroad tracks of the Pennsylvania Railroad and one of the wealthiest areas ...

, which was also referred to as "Silicon Valley Forge" and "E-Valley Forge." In the Delaware Valley, many "... new-economy companies have located themselves in the suburbs along Route 202..." due to the high tax base in the city of Philadelphia. From a marketing perspective, the term has been used by Internet companies to lure potential employees in the tech sector, that markets the firm as part of a large community of like companies in a suburb of Philadelphia. "Pennsylvania Dutch Country is only about a 90 minute drive away..." noting that the area is home to "... large high-tech companies..." The lure in the region has many Penn graduates, as well as other graduates do not consider Philadelphia to be the "hot spot" and some have chosen this region as an alternative. A briefing on the region, says the area contributes to Pennsylvania being ranked eighth in hi tech employing more than 170,000 according to the Ben Franklin Technology Partners of Southeastern Pennsylvania,

WHYY-TV WHYY-TV (channel 12) is a television station licensed to Wilmington, Delaware, United States, serving as the primary PBS member station for the Philadelphia area. It is owned by WHYY, Inc., alongside NPR member station WHYY-FM 90.9. WHYY-TV a ...

, and the Council for Urban Economic Development.

Notable firms

According to the same Forbes article, the firms that had a presence in this region specialized in business-to-business partnerships. * Safeguard Scientifics * Novell * Cambridge Technology Partners *

VerticalNet Verticalnet, Inc. was a host of 43 business-to-business (B2B) procurement portals headquartered in Horsham, Pennsylvania. It was famous for its market capitalization of $10.89 billion on March 10, 2000, during the dot-com bubble, despite sales of ...

* Internet Capital Group * Comcast Other notable companies that "put the region on the map" specialized in "entrepreneurialism" included: *

General Instrument General Instrument (GI) was an American electronics manufacturer based in Horsham, Pennsylvania, specializing in semiconductors and cable television equipment. They formed in New York City in 1923 as an electronics manufacturer. During the 1950s, ...

Motorola Motorola, Inc. () was an American multinational telecommunications company based in Schaumburg, Illinois, United States. After having lost $4.3 billion from 2007 to 2009, the company split into two independent public companies, Motorol ...

* WorldGate *

CDNow CDnow, Inc. was a dot-com company that operated an online shopping website selling compact discs and music-related products. In April 1998, during the dot-com bubble, the company was valued at over $1billion. In July 2000, it was acquired by Berte ...

* RCN Philicon Valley Today *

Bentley Systems Bentley Systems, Incorporated is an American-based software development company that develops, manufactures, licenses, sells and supports computer software and services for the design, construction, and operation of infrastructure. The company' ...

Checkpoint Systems Checkpoint Systems is an American company that specializes in loss prevention and merchandise visibility for retail companies. It makes products that allow retailers to check inventory, quicken the replenishment cycle, prevent out-of-stocks and ...

Clarivate Clarivate Plc is a British-American publicly traded analytics company that operates a collection of subscription-based services, in the areas of bibliometrics and scientometrics; business / market intelligence, and competitive profiling for ph ...

DuckDuckGo DuckDuckGo (DDG) is an internet search engine that emphasizes protecting searchers' privacy and avoiding the filter bubble of personalized search results. DuckDuckGo does not show search results from content farms. It uses various APIs o ...

* EPAM Systems *

Fiserv Fiserv, Inc. () is an American multinational company headquartered in Brookfield, Wisconsin that provides financial technology services to clients across the financial services sector, including: banks, thrifts, credit unions, securities broker ...

GSI Commerce eBay Enterprise, Inc. (formerly GSI Commerce, Inc.) was a multinational e-commerce corporation that specialized in creating, developing and running online shopping sites for brick and mortar brands and retailers. The company also provided a varie ...

* Gopuff * Radial, Inc. * Radian Group *

Ricoh is a Japanese Multinational corporation, multinational imaging and electronics company (law), company. It was founded by the now-defunct commercial division of the Riken, Institute of Physical and Chemical Research (Riken) known as the ''Riken ...

(formerly

Ikon Office Solutions IKON Office Solutions was a company based in Malvern, Pennsylvania. It was the world's largest independent provider of document management systems, copiers and services until it was purchased by manufacturer Ricoh in 2008. IKON uses copiers, p ...

) *

SAP Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a separ ...

Unisys Unisys Corporation is an American multinational information technology (IT) services and consulting company headquartered in Blue Bell, Pennsylvania. It provides digital workplace solutions, cloud, applications, and infrastructure solutions, ...

Vishay Intertechnology Vishay Intertechnology, Inc. is an American manufacturer of discrete semiconductors and passive electronic components founded by Polish-born businessman Felix Zandman. Vishay has manufacturing plants in Israel, Asia, Europe, and the Americas whe ...

References

{{coord, 40.083, -75.449, type:landmark_globe:earth_region:US-PA, display=title Geography of Philadelphia Economy of Philadelphia 1999 introductions High-technology business districts in the United States 1999 neologisms

Notable firms

See also

References