The TecDAX tracks the performance of the 30 largest German companies from the technology sector.
Following a regulation change in 2018, tech companies can be listed in both the TecDAX and the DAX40, MDAX or SDAX.
Eight companies from Munich and the surrounding region are currently listed in the TecDAX:
- Atoss Software AG (Munich)
- CANCOM SE (Munich)
- Hensoldt AG (Taufkirchen)
- Infineon Technologies AG (Neubiberg)
- Nagarro SE (Munich)
- Nemetschek SE (Munich)
- Siltronic AG (Munich)
- Süss MicroTec SE (Garching)
These results reflect the strength of the ICT and biotech sectors in Munich. In comparison, cities including Hamburg, Jena, Montabaur each have 2 TecDAX companies.