Well that’s the theory; nobody has actually been able to reproduce Silicon Valley except arguably in SF (it’s more like the valley grew a tentacle is the peninsula, though the distance is far enough that the culture is slightly different).
As far as Cambridge goes, I don’t see that this purchase makes any difference for those factors, except bragging rights in Whitehall.
I live in Silicon Peach.
[1] https://en.wikipedia.org/wiki/Category:Information_technolog...
Yes. Largest technology hub in Europe sits in Eindhoven (Veldhoven), Netherlands where you have a technical university, but the real anchor was Philips who were headquartered there. Eindhoven is home to ASML and Signify (formerly Philips Lighting) among others.
Shenzhen and Israel have been pretty successful.
Being able to say "we control the architecture in seventy trillion and counting devices" gets you a seat at the tech industry grown-ups' table (next to the US, China, Japan, Korea).