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NY Tech Meetup (NYTM) and NASDAQ OMX (Nasdaq:NDAQ) today announced a partnership focused on engaging, educating and promoting New York City's technology community in unique and relevant ways. The partnership will include the collaborative production of a series of videos featuring New York-based tech companies and their founders; an event series focused on women in technology, held at the NASDAQ MarketSite in the heart of Times Square; and a public service announcement highlighting New York as the ideal place to build and nurture a technology company.
Frank DeMaria, Senior Vice President of Corporate Communications, NASDAQ OMX said: "NASDAQ OMX has been supporting and celebrating grassroots innovation since we invented electronic trading in 1971, and many of the most influential, forward-thinking technology and internet companies in the world call us home. We believe we have a unique understanding of the needs of companies at all stages, as well as a deep-rooted appreciation for innovation in all of its forms. We are excited to partner with NY Tech Meetup to offer the tech community relevant resources, networking opportunities and visibility platforms as they progress."
Jessica Lawrence, Managing Director of NY Tech Meetup, said: "NY Tech Meetup is looking forward to collaborating with NASDAQ OMX to showcase New York's thriving technology community. Our partnership will provide a unique opportunity to highlight the city as the ideal place to build a technology startup, and will strengthen the tech ecosystem even further through educational, connection-building opportunities."
Founded in 2004 around monthly demo events highlighting New York City start-ups, NYTM is now a not-for-profit organization supporting and promoting the area's technology community.
NASDAQ is currently home to more than 73% of all information technology and telecommunications companies that list their shares on U.S. markets, with a combined market cap of more than $2.3 trillion. In the second half of 2011, NASDAQ dominated the technology sector with 9 of the 11 technology IPOs listing on NASDAQ including Zynga, Zillow, Carbonite, Tudou, Angie's List, Jive and Intermolecular. NASDAQ is also home to 82% of internet companies, including Google, Amazon.com, Ebay, Yahoo!, Groupon, TripAdvisor, HomeAway and Yandex, the largest internet IPO in 2011 based on proceeds raised.
