ARLINGTON, VA (June 17, 2020) — This month, Bloomberg Law and technology and life sciences law firm Fenwick & West released the 2020 edition of the Silicon Valley 150 List, which ranks the largest public technology and life sciences companies in Silicon Valley by revenue. The Fenwick-Bloomberg Law SV 150 list and analysis are available at http://onb-law.com/xAbx50A9xmZ.
“The Fenwick-Bloomberg Law SV 150 is a valuable resource for those interested in the technology and life sciences markets,” said Alex Butler, vice president of analysis and content, Bloomberg Law. “This is an example of the robust market analysis that Bloomberg Law is uniquely positioned to provide to legal practitioners.”
Using data from Bloomberg LP, Fenwick calculated company revenue and market cap for the most recent available four quarters ending on or near December 31, 2019.
“Fenwick is pleased to partner with Bloomberg Law for the second year to provide a look at the top public tech and life science companies,” said David Bell, partner and co-chair of the corporate governance practice at Fenwick.
There are 17 new companies on the list this year, strong evidence that Silicon Valley remains a cradle of innovation. An analysis from Bloomberg Law that accompanies the SV 150 examines four of these companies: Zoom Video Communications, Slack, Coherus Biosciences Inc., and Cloudflare Inc.
This analysis also examines the list in the context of the current global pandemic and finds that the Silicon Valley companies that appear best positioned to fuel future growth are big tech firms, such as Google and Apple, that provide communication lifelines and are developing nongovernmental Covid-19 tracing apps, as well as firms with cloud-based business models, especially those that provide effective security solutions. Strong growth by companies in those strategic areas may shake up the SV 150 in the coming years as initial impact from the pandemic becomes the “new normal.”