Leading Technology

NYSE is now the leading platform for technology IPOs. In the first half of 2012, the NYSE listed 53% of all U.S. tech IPOs and continues to provide the most global platform among exchanges for capital raising.  As recently as five years ago, most technology companies could not qualify to list on the NYSE and our market share in the sector was less than 12%. Our present majority market share is thanks in part to some recent key changes: 

  • We opened up our unique global platform, the world’s largest B2B network, to our listed companies in order to help them drive business, gain customers and partners, and reach more global shareholders.
  • We modified our listings standards to make the NYSE more accessible for growth / technology companies.
  • NYSE Euronext has itself become a leading technology company that provides solutions and services for the world’s capital markets.
  • We have become the world’s most global exchange platform, providing the broadest reach around the world for our listed companies to connect with investor capital, shareholders, customers, partners, and influencers.

Recent Tech IPOs at the New York Stock Exchange

Tech companies recently listing their IPOs on the NYSE came from many sectors, and included companies such as:

  • Internet / Social Media / Mobile:  LinkedIn, Yelp, Pandora, Millennial Media
  • Storage / Communications / Security:  Palo Alto Networks, Fusion-io, Imperva, Vocera
  • Semiconductors:  InvenSense, Freescale, Inphi, Sensata
  • Software & Services:  ServiceNow, WageWorks, Guidewire Software, AVG

2012 vs 2011: Changes in Subsector Mix

While technology IPO volume in the first half of 2012 was similar to the first half of 2011 (31 transactions in 2012 vs. 32 in 2011), the subsector mix was different. During the first half of 2011, internet IPOs accounted for nearly half of all technology IPOs, while in the first half of 2012, software was the best represented technology subsector, accounting for one third of all technology IPOs. Software IPOs have been driven in part by the proliferation of cloud computing.