In the 1950s, Professor Frederick Terman suggested to Stanford University that the newly founded Stanford Industrial Park leases be limited to high-tech companies so a center of high technology could be created.
In October 1951, Varian Associates signed a lease with the university for a 10-acre tract along El Camino Real and built their $1 million R&D laboratory in the Stanford Industrial Park the following year. Soon after, Eastman Kodak, General Electric, Preformed Line Products, Admiral Corporation, Beckman Instruments, Lockheed, Hewlett-Packard, and others followed suit.
Stanford Industrial Park was renamed Stanford Research Park in 1974.
By 2005, Stanford Research Park was home to more than 150 companies in electronics, software, biotechnology, as well a number of top law firms, financial service firms, consultancies, and venture capital companies. R&D and service companies occupied some 10 million square feet in more than 160 buildings on 704 acres.
Stanford Research Park is considered by many the foundation of Silicon Valley.
The Most Frequently Asked Travel Questions about Silicon Valley
Where To Stay & Best Hotels in Silicon Valley - updated May 2024
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Silicon Valley Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.
