Samsung is close to signing a deal for a prominent venue in downtown Palo Alto that will house a start-up accelerator, according to news provider All Things D.
Samsung and the US government’s quasi-corporate venturing unit are planning to launch accelerators in Silicon Valley, California.
Besides a planned US research and development centre, expected to be completed in 2014, Samsung is close to signing a deal for a prominent venue in downtown Palo Alto that will house a start-up accelerator, according to news provider All Things D.
Sources told All Things D the accelerator was being prepared by Samsung executive vice-president, David Eun, after he joined from…
