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Can influx of high-tech industry transform Texas into 'new Silicon Valley'?

If Silicon Valley loses its marquee status, it will almost certainly give way to several hubs in Texas

Silicon Valley
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Silicon Valley | Photo: Wikimedia Commons

Stephen Mihm | Bloomberg Texas
Is Texas really a serious rival to California as a destination for high-tech? The growing exodus of banner companies -– Oracle Corp., Hewlett-Packard Enterprise Co., Tesla Inc.'s Space-X and others -– suggests that there’s something to the idea. Still, skeptics rightly point out that plenty of other places have made a bid to become the new Silicon Valley and never come close.
 
Texas, though, may be different, and not because of the recent high-profile relocations. Unlike other would-be innovation hubs, the state has been quietly nurturing high-tech industry for decades. If Texas eventually rivals California, the consequences could be momentous,