Eastern Europe became a hot-bed for technology start-ups. This is one way it d >

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You realize your country is rendering it as being a tech innovation hub whenever Silicon Valley organizations purchase your home-grown startups for the hefty cost.

Therefore it was at January whenever Fitbit, the US-based physical fitness tracker manufacturer, acquired Vector – a smartwatch maker founded in 2013 that launched its services and products 2 yrs later – for $15 million.

In Berlin, Paris and London, such news would hardly make reporters break a perspiration, but once the united states under consideration ended up being Romania, individuals sat up and took notice.

Were only available in Bucharest, Vector utilized talent that is local design while making its smartwatches, then exposed a London workplace – a tactic that increases central and eastern European organizations’ presence (and credibility). Continue reading Eastern Europe became a hot-bed for technology start-ups. This is one way it d >