In this piece, we’ll take a look at the 5 Biggest European Tech Companies. For more such companies, go to 15 Biggest European Tech Companies.
5. Dassault Systèmes (DSY.PA)
Market Cap as of December 08, 2022: €47 billion
Dassault Systèmes (DSY.PA) is a French software company specializing in 3D product design, simulation, manufacturing, and other 3D-related products. Dassault Systèmes (DSY.PA) provides its products and services to the aerospace, defense, construction, consumer packaged goods, and other markets. The company’s products are sold through a network of agents, distributors, system integrators, and value-added resellers. Dassault Systèmes SE employs around 20,000 people.
4. Deutsche Telekom AG (ETR:DTE)
Market Cap as of December 08, 2022: €96 billion
Deutsche Telekom AG (ETR:DTE) is a German telecommunications company located in Bonn. Deutsche Telekom AG (ETR:DTE) provides fixed-network/broadband, mobile, internet, and internet-based TV products and services to its users and ICT solutions to its business and corporate clients.
3. SAP SE (NYSE:SAP)
Market Cap as of December 08, 2022: $130 billion
SAP SE (NYSE:SAP) is a German multinational company that provides a wide range of business software and enterprise applications for applications, analytics, cloud, mobile, and database operations and technology operations. SAP SE (NYSE:SAP) offers services to clients in the consumer, discrete manufacturing, energy, natural resources, financial services, and public sector.
2. Accenture plc (NYSE:ACN)
Market Cap as of December 08, 2022: $180 billion
Accenture plc (NYSE:ACN) is an Irish American company that provides management and technology consulting services and solutions. Accenture plc (NYSE:ACN) offers a wide range of specialized expertise and solutions to clients in many industries worldwide. Accenture plc (NYSE:ACN) operates in three geographic segments: North America, Europe, and Growth Markets.
1. ASML Holding N.V. (NASDAQ:ASML)
Market Cap as of December 08, 2022: $246 billion
ASML Holding N.V. (NASDAQ:ASML) is a leading designer and manufacturer of lithography machines which are critical components in chip production. The chips produced by the company are used in many electronic devices, including smartphones, laptops, etc. The company employs more than 32,000 people across offices in more than 60 locations worldwide. ASML Holding N.V. (NASDAQ:ASML) revenue in 2021 stood at $22 billion.
Baron Opportunity Fund commented on ASML Holding N.V. (NASDAQ:ASML) in a Q2 2022 investor letter.
ASML Holding N.V. designs and manufactures semiconductor production equipment. It specializes in photolithography equipment, where light sources are used to photo-reactively create patterns on wafers that become printed circuits. ASML is the dominant leader across all types of lithography but, most importantly, is the only company selling equipment for extreme ultra-violet (EUV) lithography, the latest generation technology.
Indeed, because of the stalling out of Moore’s Law, advanced lithography of larger and multi-patterned silicon chips has been critical for leading-edge chip manufacturing and continued improvement in semiconductor chip performance over time. The company is well positioned to continue growing above industry rates as it rapidly adds capacity across its entire business to meet rising industry demand, especially from leading-edge customers continuing to invest to stay ahead of their competitors and drive chip performance forward.
Additionally, the introduction of high-NA EUV technology in the middle of the decade will add another leg to the growth opportunity.
You can also take a look at 11 Best Commodity Stocks To Buy Now and 15 Good Stocks To Invest In.
