Lates News

A study found that European technology companies with a total value of 1.2 trillion euros (1.4 trillion dollars) were listed on foreign stock exchanges or eventually fell into the hands of foreign buyers over the past decade. This research, conducted in partnership between the Swedish private equity group EQTAB and consulting firm McKinsey, documented approximately 700 billion euros in acquisitions by non-European companies and initial public offerings of technology companies from 2014 to 2025. By January, these companies were estimated to be worth around 1.2 trillion euros. The study revealed the severity of this issue, which has become a hot topic of concern for European policymakers and capital market experts. As local industry leaders like chip manufacturer Arm (ARM.O) and Spotify (SPOT.N) turn to the United States for greater funding support, the problem is becoming increasingly prominent. Victor Englesson, a partner at EQT and former Chief Technology Officer, stated that this brain drain is bringing economic consequences to Europe, including companies shifting their growth focus elsewhere resulting in job losses. There are also some difficult-to-quantify impacts, such as the loss of local technology and future technology entrepreneurship talent.