Actually wouldn't mind moving there either. My grandmother originated from there and the tech industry isn't doing bad either (AFAIK).
Yes, with siemens and infineon trying hard to expand, and multiple web-tech firms moving to vienna, it is really not bad environment for skilled people.
Well just googling "silicon valley vienna" (Silicon valley is the easiest way to find "tech startup" references) comes up with multiple blog posts and news articles on how people are trying to promote the tech sector in Vienna; trying to make their own silicon valley.
I've seen it happen in many cities. I'd have to admit, when I read this at first I couldn't believe it was happening to Vienna so I'm quite impressed.
Also, with 5 times in a row winning "Best city in the world" , vienna isn't doing to shady as a city either
http://www.citymayors.com/features/quality_survey.html
http://www.reuters.com/article/2014/02/19/us-quality-survey-idUSBREA1I1L920140219
(Haha I come of as a paid shill for austria )
Lol I probably come off as a paid shill for many other cities as well.