Tuesday, March 27, 2007

The next Silicon Valley: Siberia (Fortune Magazine)

A tech boom is giving life to a former Soviet center for science. IBM, Intel - and even Oprah - are paying attention.

By Brett Forrest, Fortune
March 26 2007: 5:52 AM EDT
(Fortune Magazine) -- Time passes slowly in Novosibirsk. In front of the opera house on Red Prospect, skateboard kids skid off the plinth of the Lenin statue. The tilting chimneys of roadside hovels, rusted auto husks and sludge-slicked bus shelters appear to have been slouching into poses over many decades.
At the boat hotel on the Ob River, the cook does not hurry with the kasha. The capital of Siberia, Russia's third-largest city, Novosibirsk in winter offers few explicit charms.
But travel beyond the casinos of downtown, past wild dogs patrolling wild weeds, past Tajik road crews in orange jump suits, and a hub of activity rises from the woodland. Here, capitalist opportunity has overcome post-Soviet drear.
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