Silicon Valley is an economic powerhouse. Touted as one of the most important high-tech centers in the United States, Silicon Valley is home to over 6,500 high-tech companies--such as Apple, Yahoo!, Intel, Cisco Systems, and Applied Materials. San Jose consistently ranks high on Fortune Magazine's annual list of "Best Cities for Business" and Fremont is the nation's top city, per capita, for having the most tech startup businesses. This leadership in computer hardware, software and manufacturing has translated as well into global economic success. Silicon Valley residents produce more patents than any other region in the country, and more than one-third of all venture capital funds in the U.S. are invested in Silicon Valley companies. Silicon Valley metropolitan area ranks eighth in export sales. (Source: U.S. Department of Commerce, September 2012).
Moreover, it's not just a great place to work, it's ranked as one of best places to live in the United States! Sunnyvale is among the top 10 cities to raise kids. (Source: Kiplinger.com Survey, 2012)