M&A Insight: #Texit

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The Golden State to the Lone Star State Corporate Migration

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Welcome to Texas

Throughout 2021 a trending topic in the news has been the migration of big technology companies from California to Texas. Silicon Valley has been the epicentre of the tech industry for decades, but high housing costs, high tax rates, and strict regulations have made it challenging to live, work, and do business in the area. 

Texas is the state that everyone is looking at right now. The prominent Austin tech hub, the Dallas deal-making culture and the business district of the so-called Metroplex: Dallas/Fort Worth area seem to be the staging ground for the next big software uprising.