Software Tech Sector

Bel Fuse

Market Cap: US$1.9b

Designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.

Applied Optoelectronics

Market Cap: US$1.8b

Designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China.

NCR Voyix

Market Cap: US$1.8b

Provides digital commerce solutions for retail stores and restaurants in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Adeia

Market Cap: US$1.8b

Operates as a media and semiconductor intellectual property licensing company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

LiveRamp Holdings

Market Cap: US$1.8b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

Bitfarms

Market Cap: CA$2.4b

Operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina.

Rezolve AI

Market Cap: US$1.8b

Provides generative AI solutions for the retail and e-commerce sectors.

Opera

Market Cap: US$1.8b

Provides mobile and PC web browsers and related products and services in Norway and internationally.

Daqo New Energy

Market Cap: US$1.7b

Manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.

Karooooo

Market Cap: US$1.7b

Provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

PAR Technology

Market Cap: US$1.7b

Provides omnichannel cloud-based hardware and software solutions to the worldwide.

Veeco Instruments

Market Cap: US$1.7b

Develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices.

Lightspeed Commerce

Market Cap: CA$2.4b

Engages in sale of cloud-based software subscriptions and payments solutions for single and multi-location retailers, restaurants, golf course operators, and other businesses.

PC Connection

Market Cap: US$1.6b

Provides various information technology (IT) solutions worldwide.

Megaport

Market Cap: AU$2.4b

Provides on-demand interconnection services in Australia, New Zealand, Hong Kong, Singapore, Japan, the United States of America, Canada, Mexico, and Brazil, and Europe.

Amplitude

Market Cap: US$1.6b

Provides a digital analytics platform that analyzes customer behavior in the United States and internationally.

Tuya

Market Cap: US$1.6b

Provides AI cloud platform services in the People’s Republic of China.

N-able

Market Cap: US$1.6b

Provides cloud-based security, data protection, and unified endpoint management software solutions for managed service providers in the United States, the United Kingdom, and internationally.

IPE Universal

Market Cap: US$1.6b

Engages in the development and commercialization of mobile Voice over Internet protocol (VoIP) communications and mobile advertising applications in Malaysia and Hong Kong.

Spirent Communications

Market Cap: UK£1.2b

Provides automated test and assurance solutions in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

nLIGHT

Market Cap: US$1.6b

Designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications.

Himax Technologies

Market Cap: US$1.5b

A fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, and internationally.

Jamf Holding

Market Cap: US$1.5b

Provides management and security solutions for Apple platforms in the Americas, Europe, the Middle East, India, Africa, and the Asia Pacific.

PagerDuty

Market Cap: US$1.5b

Engages in the operation of a digital operations management platform in the United States and internationally.

Rogers

Market Cap: US$1.5b

Designs, develops, manufactures, and sells engineered materials and components in the United States, other Americas, China, other Asia Pacific countries, Germany, Europe, the Middle East, and Africa.

Napco Security Technologies

Market Cap: US$1.5b

Engages in the development, manufacturing, and sale of electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally.

MeridianLink

Market Cap: US$1.5b

A software-as-a service company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States.

Photronics

Market Cap: US$1.5b

Engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally.

Benchmark Electronics

Market Cap: US$1.5b

Offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe.

MaxLinear

Market Cap: US$1.5b

Provides communications systems-on-chip solutions in the United States, Asia, Europe, and internationally.

Penguin Solutions

Market Cap: US$1.4b

Engages in the designing and development of enterprise solutions worldwide.

Kainos Group

Market Cap: UK£1.1b

Engages in the provision of digital technology services in the United Kingdom, Ireland, the Americas, Central Europe, and internationally.

Oxford Instruments

Market Cap: UK£1.1b

Oxford Instruments plc provide scientific technology products and services for academic and commercial organizations in the United Kingdom and internationally.

Digi International

Market Cap: US$1.4b

Provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally.

Evolv Technologies Holdings

Market Cap: US$1.4b

Provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally.

Navitas Semiconductor

Market Cap: US$1.4b

Designs, develops, and markets power semiconductors in the United States, Europe, China, rest of Asia, and internationally.