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Hagenberg has an international reputation as Mühlviertel's "Silicon Valley".
Today the 1000-year old castle accommodates the research institute of the Linz University (RISC), the local authorities, a restaurant and an event center.
Historic Schloss Hagenberg and the modern office buildings cater to events of all kinds and sizes. Softwarepark Hagenberg provides the setting and facilities for small meetings and conferences up to 300 persons, balls and other indoor events up to 600 persons and outdoor events up to 2000 persons.