Oracle is also next door to Ericsson in Parque Tecnológico Andalucía (PTA) but I don't know if they do development there or just sales. It seems a lot of the tech stuff is done in conjunction with the local university. I'm relocating from Malaga back to Tokyo myself after enjoying 2 years here.
I certainly noticed the city becoming a bit more modern in recent years, with the whole SoHo thing and the Pompidou, but it generally always seems to be aimed towards boosting tourism. I'm really happy to hear that there's something else going on [: