Silicon Valley still holds the crown in most aspects of technology, and now here’s another one: It is home to the most tech acquisitions.
As VentureBeat notes, there were 281 tech acquisitions in Silicon Valley last year — one nearly every business day and more than the other cities in the top 10 combined (which had 230 total). The data was released as part of the PrivCo M&A Report.
New York, which saw Yahoo pay $1.1 billion for Tumblr last year, ranked second while San Diego, Chicago and Seattle rounded out the top five.
Of course, Seattle saw three of its most promising companies complete IPOs in 2013, rather than sell out. Those companies included Tableau, NanoString and Zulily — all three of which are trading above their offering prices.
Notable acquisitions in 2013 in Seattle included $100 million purchase of Appature by IMS Health which PrivCo marks as the largest. (EagleView Technologies was acquired for $650 million in January 2014, so didn’t make the 2013 list).
In total, Seattle recorded 26 tech acquisitions, according to PrivCo.
Meanwhile, here’s a look at the top 10 acquirers, according to PrivCo. Facebook certainly will be moving up the charts in 2014, given its huge multi-billion dollar acquisitions of Oculus and WhatsApp.
