When the acquisition of EMC Corp. by Dell Inc. is completed, Massachusetts will lose its biggest local technology company. But the state remains an innovation center, boasting many sizeable tech firms employing thousands.
Analog Devices Inc. of Norwood would become the largest tech company by market value headquartered in the state once the sale announced in October is final. Analog’s market capitalization pales in comparison with EMC’s $50 billion, but a company worth nearly $20 billion and employing 9,600 worldwide is nothing to sneeze at. Woburn-based Skyworks Solutions Inc., Needham’s TripAdvisor Inc., and Akamai Technologies Inc. of Cambridge each have market values above $10 billion.
Tom Hopcroft, chief executive of the Massachusetts Technology Leadership Council, a trade group, said the state has companies leading tech trends such as the Internet of Things, big data, and robotics.
“EMC has played a long and important role in our innovation economy,” Hopcroft said. “[But] the people are what make up the tech community here and it will just be organized differently.”