Avison Young in San Jose / Silicon Valley
Home to many Fortune 500 companies, Silicon Valley is known globally as a hub of information-technology development and expertise. San Jose ranks as the third-largest city in California and the 10th-largest city in the U.S., according to the city’s government. The San Jose/Silicon Valley marketplace is part of Santa Clara County, which is the largest in the San Francisco Bay Area in terms of population (1.9 million) and total employment, including 1 million wage-and-salary jobs, according to Santa Clara County’s latest economic forecast.
According to PwC, Silicon Valley venture-capital deal volume totaled $2.2 billion in the third quarter of 2017 alone, ranking third in the U.S. In the first half of 2017, Silicon Valley’s venture-capital deal volume was $6.3 billion. Silicon Valley’s major public and private employers include Apple, Google, Facebook, Applied Materials, Cisco Systems, eBay, PayPal, IBM, Adobe, Microsoft, Intel, Hewlett-Packard, Lockheed Martin, NVidia and NASA.