Intel bought Omnitek, a company that produces programmable chips for the video space. This comes as Intel announced it was exiting the 5G modem space for smartphones, suggesting it was not a profitable business for them. The other deal saw the merger of two large US-based MSPs, as Corsica bought EDTS to compete at the next level. Another company in the press this month was Microsoft, who reached that magic valuation point of $1 trillion, becoming the third company to hit that milestone after Apple and Amazon. The general economic news was positive with the US continuing to soar with very low unemployment, rising wage rates, an annualised GDP growth rate of 3.2% in the first quarter, all suggesting the US boom will continue for a while yet. Canada continues its anemic growth rate, projected at 1.2% this year. Around the world unemployment is generally down except for pockets like the UK where the Brexit situation continues to be a mill stone around their necks.
Eagle Remains One of the Best Workplaces™ in Canada
Canadian Staffing Company Also Named on Lists for Best Workplaces™ for Women and Best Workplaces™ for Giving Back
News from the Nest (April 2019)
The April 2019 edition of News from the Nest includes the most recent IT Industry News update, job market update for British Columbia, and the most popular recent posts from the Talent Development Centre, including “What Recruiters Do and Do Not Want to Hear”
Eagle Helps MASC Deliver “Life-Changing” Experiences to Ottawa-Area Students
Six Top Authors and Illustrators Set to “Unleash Creativity” at the Young Authors & Illustrators Festival
IT Industry News – March 2019
In March 2019, the big deal of the month saw Nvidia shell out $6.9 billion for data centre solutions vendor, Mellanox. F5 Networks paid $670 million for up and coming competitor NGINX; and Juniper Networks paid $40 million for AI startup Mist Systems. Some other deals this month were Apple’s acquisition of machine learning startup LaserLike; Veritas’ acquisition of analytics company Aptare; Mastercard bought security company Ethoca; and Spotify added to its podcast capability with the purchase of Parcast. Other companies in the news included Lyft, SAP and SAS. The University of Toronto received a $100 million donation (largest ever) from Heather Reisman and Gerry Schwartz. Economic news around the world was generally relatively positive, although things are slowing down and forecast GDP growth in the US and Canada has been downgraded for 2019.
News from the Nest (March 2019)
The March 2019 issue of News from the Nest features a Canadian Job Market Update, IT Industry News for February 2019, and our hottest blog posts, including “How to Take a LinkedIn Profile Picture, Without Spending a Penny”
IT Industry News – February 2019
In February 2019, The biggest deal we saw was Carbonite’s $618 million acquisition of internet security company Webroot. Palo Alto Networks seems to be on a buying spree, closing two deals this monthThe money guys were out shopping too, with Thoma Bravo paying for Connectwise and Trive Capital paid $330 million for Windstream’s Earthlink telephone service provider assets. Spotify announced its podcast intentions with a couple of acquisitions and Witricity strengthened its hand in the wireless charging space with the acquisition of Qualcomm’s Halo business unit. There were some big names out shopping too, including Microsoft, Amazon, DXC, and Semantec. Other companies in the news include Canadian engineering company SNC-Lavalin, Cognizant, Monster and, of course, Amazon who rescinded its choice of New York as a location for a huge investment & additional “headquarters”. Around the world the jobs situation is generally positive, if not “as positive” as in previous months.
Eagle Powers on as One of Canada’s Best Managed Companies
Ottawa, ON, March 7, 2019 – Twenty-one years later, Eagle Professional Resources Inc. (Eagle) is proud and honoured to maintain Platinum Club status with the Canada’s Best Managed Companies program. The announcement was made this morning by Deloitte, an organization that sponsors the program along with CIBC, Canadian Business, Smith School of Business and TMX Group.
Eagle CEO Named to Staffing 100 for North America
Janis Grantham Part of an “elite group of female CEOs”: Eagle Professional Resources, one of Canada’s top professional staffing agencies, is proud to announce that CEO, Janis Grantham, was once again named on the Staffing Industry Analyst (SIA) 2019 Staffing 100 List for North America.
News from the Nest (February 2019)
The February 2019 edition of News from the Nest includes the most recent IT Industry News Update, a regional job market update for Toronto, and some of the most popular articles right now, including 5 Pieces of Old Job Search Advice That No Longer Apply.