Google plans start-up center in London

Reuters

Google (Mountain View, Calif., U.S.A.) has thrown its weight behind Tech City, East London's fast-growing hub for Internet companies, by signing a lease for a seven-floor building that will serve as a launch-pad for new start-ups and developers.

The center, due to open in 2012, will house advisers from Google and other organizations that support technology entrepreneurs, the company said on Wednesday.

It will be located close to Old Street roundabout; dubbed "Silicon Roundabout" in an area of London that has already attracted hundreds of new Internet start-ups.

The move supports British Prime Minister David Cameron's ambition, announced in November 2010, for London's East End to become a technology center to rival California's Silicon Valley.

The plan was backed by a host of technology companies, including Google, Vodafone, Facebook and Intel.

Google, which will retain its central London offices, said the center would be the first initiative of its kind for the company anywhere in the world.

"Finding a suitable building is the first major step, and we hope to announce more details about the organizations we'll work with and how they will use the space in the coming months," said David Singleton, Google UK's engineering director. "East London is already home to hundreds of innovative British start-ups, and has huge potential for economic growth and new jobs over the coming years."

(Editing by Helen Massy-Beresford)

Related Articles

Google, Visa team up on mobile payments

Google to unveil mobile payments

Google abandons smart grid project

ArticleTools

Featured Reports

Understanding and Capitalizing Upon Telecom APIs for Communications Enabled Applications
Big Data and Analytics software and applications will play a crucial role in making IoT a success. The data generated through sensors embedded in various things/objects will generate massive amounts of unstructured (big) data on real-time basis that holds the promise for intelligence and insights for dramatically improved decision processes.

Content Delivery Networks (CDN) 2015
Content Delivery Networks (CDN) represent large distributed system of servers deployed in multiple data centers across the Internet. CDNs provide solutions for efficiently and effectively managing content of all types. Solutions include core services such as aggregation, management, and distribution of content as well as a variety of value-added functionality.

Technologies Impacting and Impacted by Operational Support Systems (OSS)
There are significant changes underway in the CSP industry that are causing fundamental re-evaluations of business models, technology stacks and service offerings. This research assesses a range of relatively nascent technologies that have the potential to change the dynamic of OSS, whether via the networks they manage, or as building blocks on which to build better OSS tools.

Market Opportunity: Big Data in the Internet of Things
Big Data and Analytics software and applications will play a crucial role in making IoT a success. The data generated through sensors embedded in various things/objects will generate massive amounts of unstructured (big) data on real-time basis that holds the promise for intelligence and insights for dramatically improved decision processes.

Concise, Practical Market Reports on Big Data, IoT, CDN & More!
Access the exclusive new series of market research reports brought to you through the partnership of Mind Commerce research and TelecomEngine.com.
Browse the latest titles

 

 

Featured Events & Partners

GEN 15
Nov. 16-19, 2015

Omni Hotel, Dallas, Texas

The global gathering of networking professionals enabling the future of agile, assured and orchestrated services powered by CE 2.0, LSO (Lifecycle Service Orchestration), SDN and NFV.

Visit event website...
 

 

Business Wire