Top 10 Tech Cities in the U.S.

A new ranking of U.S. metropolitan areas' tech prowess has been released, and annoints Silicon Valley as No. 1 due to 226 acquisitions of privately held technology companies in 2012. The list comes fromPrivCo, a research company offering insights on private companies.

While the premier ranking of this Northern California innovation hub isn't surprising, the area was outdone by both New York City and Boston when evaluated based on the price tag of the largest deal made in 2012.

Infrastructure provider Zayo's acquistion of AboveNet for $2.2 billion outdid Oracle's $1.9 billion purchase of talent management company Taleo. In No. 3 ranked Boston's top deal, finalized in Dec. 2012, Berkshire Partners bought Lightower Fiber Networks for $2 billion.




Here's the complete top ten list:

Rank	Metropolitan Area	Acquisitions
1.	Silicon Valley	226
2.	New York	100
3.	Boston	62
4.	Los Angeles	55
5.	Seattle	43
6.	Austin	40
7.	Washington D.C.	39
8.	Atlanta	36
9.	Dallas	33
10.	Houston	30

 

 

 

 

 

 

 

 

 

For more information, including details on each metropolitan area's largest acquisition, visit PrivCo's website.
 

Silicon Valley image from Shutterstock