PARC | 23,276 followers on LinkedIn. PARC is now part of SRI, an independent nonprofit research institute with deep roots in Silicon Valley that's had a profound impact on every one of our lives. The iconic PARC name will continue to thrive in an incarnation that’s both true to PARC’s extraordinary legacy of open innovation and central to SRI’s future: by bringing people together with SRI researchers at its Palo Alto campus to invent, develop, and advance the next generation of transformative technologies, services, and ideas. The research group from PARC has become SRI's sixth division, now known as Future Concepts.