The Silicon Valley Biz Journal today carried a story about Corporate Giving in the area, titled:
Meet Silicon Valley's 25 most generous companies
It was quite a list. Cisco was the #2 most generous company for the second year in a row, donating $12.0M to local agencies, up 29% from last year's $9.3M. This at a time when the company has furloughed 4,000 workers to maintain its profitability as its sales growth has slowed.
Intel, also hit with declining microprocessor sales to a sluggish PC market, was the #3 most generous, giving $7.3M, up from last year's $5.1M that earned it a 5th place ranking in 2012.
Applied Materials, one-tenth the size of Intel and supplier of much of its fabrication technology, was #4, with $4.8M, slightly up from last year.
Oracle, not thought of usually as a very generous company, was #5, donating $4.1M, down $500K from last year (maybe the sailboat party cost more than we thought).
SAP, the German company with a major R&D lab in Palo Alto, gave a whopping $3.9M up 829%, incluidng a major gift to the Computer History Museum for which I'll personally thank them!!!
Juniper, Symantec, and Agilent were #12,13, and 14 respectively, donating nearly $5.0M between them.
NetApp and Adobe gave $13M and $1.0M respectively, which eBay matched, but IBM could not.
Odd, isn't it, that we have the three largest high-tech firms in the world with major operations here (Apple, HP, and IBM), two of them HEADQUARTERED here, and collectively only one even made the list (IBM) with $651K, down 18% from last year.
Hmm. Agilent is in the top 25, but HP is not.
ReplyDeleteAgilent, with revenues of $6.8B vs. HP with revenues of $120B. Agilent gives $1.1M to the local agencies, even as 75% of its sales are international. HP gives ???, but certainly much less than $500K (or they'd be listed)
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