Silicon Valley – Upbeat Economic News

There is a lot of optimism in the valley.  Fresh off the news of Facebook potentially going public next month, there are an extraordinary number of tech companies in the valley showing extraordinary growth:

 – iGate:  780% growth

 – Linkedin:  115%

 – OCZ Technology:  103%

Other notable mentions include: Pandora, Zynga, Ubiquiti Networks (biggest dollar gains), Tesla and Apple.    According to the San Jose Mercury News, the Silicon Valley had another record breaking year reaching new levels of sales, profits, employment and productivity.  Total sales was about $618.5 billion (+17.5%) and an increase of 1.2 million employees.


About Cameron Ackbury, CPA

Founding Director at DaggerFoil Group
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