2014 could be a record year for Tech IPOs

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Mani
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Continuing the momentum witnessed in Q4 2013 and a strong pipeline of technology companies, 2014 could surpass even pre-financial crisis global tech IPO activity, notes PwC. In its report titled: “Global Technology IPO Review-Q2 2014,” PwC notes that in contrast to the previous quarter, IPO activity was geographically broad-based. 2014 could be a record year for Tech IPOs According to the PwC report, the technology sector surpassed expectations in the second quarter by logging 43 IPOs and $12.3 billion in proceeds, compared to 17 deals in Q2 2013, thus representing 153% growth. The total proceeds also grew by 327%, compared to Q2…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports