AM_OrangeCounty Why_SoCal_Tech | Page 10

Established companies provide foundation for sustained growth Los Angeles’ tech sector continues to live up to its moniker as Silicon Beach. The clustering of tech companies along the coast, in cities like Santa Monica and Playa Vista, is transforming these submarkets. These markets offer creative product, access to talent and rich amenities that many tech companies demand. As the merging of entertainment and media continues to mature, companies with production needs are drifting inland toward Hollywood to tap into the infrastructure and talent found there. LA is also home to a concentration of life science companies. Amgen leads the pack with a significant footprint in Newbury Park. UCLA and USC are world-renowned research and innovation centers. Companies with large headcounts include Riot Games (1,500), Google (1,000), Hulu (880), and Netflix (800). Los Angeles major tech and med-tech firms