Q2 2014 has posted the highest volume in dollar-terms of Global Tech IPOs (initial public offerings) since 2008 \u2013 two-and-a-half times the number of tech IPOs in Q2 2013, says a new report by PwC.\r\n\r\nThe \u201cQ2 2014 Global Technology IPO Review\u201d reported that forty-three tech companies went public on 10 exchanges in ten different countries thanks to steadily improving economic conditions worldwide plus strong capital markets in the United States.\r\n\r\nThe authors wrote that Europe saw the return of tech IPOs following improved economic conditions in the euro area.\r\n\r\nGlobal Technology Industry Leader at PwC, Raman Chitkara, said:\r\n\r\n\u201cWith the results this quarter, the first half of 2014 has now witnessed more tech IPOs than all of 2013. Barring a major market disruption, 2014 has the potential to surpass even pre-financial crisis global tech IPO activity.\u201d\r\nTech IPOs in China and the US\r\nMore than half (27) of all Global Tech IPOs occurred on the US stock exchanges, specifically the New York Stock Exchange (NYSE) and NASDAQ during the second quarter of this year.\r\n\r\nFive of them took place in China, including three in Hong Kong.\r\n\r\nIn the United States, 15 tech companies went public in Q2 compared to 12 in the first quarter. IPO proceeds jumped by 162% to $4.1 billion.\r\n\r\nOf the 14 Chinese tech companies that completed IPOs, only two were listed on Chinese exchanges in Shanghai and Shenzhen. Out of the top ten deals in Q2, two were Chinese companies, with aggregate funds raised rising by 277% compared to the previous quarter.\r\n\r\n\r\n\r\n(Data source: PwC)\r\nEuropean revival\r\nTech IPOs in Europe raised more dollars during the first six months of 2014 than in any full year since 2008.\r\n\r\nA total of 8 European tech firms went public, raising $4.02 billion. Five of them listed in London, one in Paris and two on NASDAQ.\r\nCross-border listings\r\nAfter a brief fall in the first quarter, cross-border deals rebounded in Q2, with 13 (30%) of the companies raising funds from foreign exchanges (outside their headquarters\u2019 country).\r\nDeals by subsector\r\n\r\n\tInternet Software & Services: 21 deals that raised $5.173 billion.\r\n\r\n\r\n\tSoftware: 11 deals that raised $3.096 billion.\r\n\r\n\r\n\tSemiconductor: 4 deals that raised $418 million.\r\n\r\n\r\n\r\nComputer & Peripherals: 1 deal that raised $782 million.\r\n\r\n\r\nElectronics: 2 deals that raised $618 million.\r\n\r\n\r\nCommunications equipment: 2 deals that raised $206 million.\r\n\r\nDefinition of IPO: An Initial Public Offering, sometimes referred to as a 'stock market launch' or 'flotation', is when a company moves to make its shares available for members of the general public to purchase. It is the conversion of a private company into a public company. IPOs are used by firms to raise money (capital).\r\nVideo - The Global Tech IPO Market\r\nIn this video, Raman Chitkara, Global Technology Leader at PwC, discusses the changing global technology IPO market, as well as disruptive innovation\u2019s effect on technology companies.