In April 2017, it was reported that Microsoft plans to purchase Israeli cloud-monitoring and analytics startup, Cloudyn. Flipkart, one of India’s larger ecommerce companies, has acquired the Indian division of eBay (eBay.in) as part of eBay’s $500 million investment in Flipkart. VMware’s vCloud Air unit will be acquired by OVH, a French hosting and cloud company. Global professional services provider, Accenture, purchased the UK-based automation services provider, Genfour. Toronto-based startup, Turnstyle Analytics, has been acquired by Yelp for $20 million. California-based Coupa Software purchased Swedish software company, Trade Extensions for $45 million. Montreal-based financial technology provider, Alithya acquired big data solution provider, Systemware Innovation Corporation. In other news, the demand for PCs continues to decline reaching a low that has not been experienced since 2007. In Q1 of 2017, PC shipments fell by 2.4%, which signifies the 10th quarter of decline. The ride-hailing company, Lyft, has raised $600 million in additional investments bringing the company’s valuation up to $7.5 billion. BlackBerry has won a binding arbitration case against Qualcomm for $815 million.
Eagle Named One of the Best Workplaces in Canada for the Third Consecutive Year!
Canadian Staffing Agency One of 50 Companies Named to Elite List
MASC’s Young Authors’ & Illustrators’ Conference Is Back This Week!
Aspiring Authors and Illustrators Learn from the Best at the Eagle-Sponsored Youth Event
News from the Nest (April 2017)
Eagle’s monthly newsletter, including the Canadian Job Market Update for the first quarter of 2017, IT industry news, and our followers’ favourite blog posts.
Eagle Wins Professional Development Award
Professional Staffing Company’s Training & Development Recognized for the Second Time
IT Industry News – March 2017
In March 2017, the major acquisition in the headlines is Intel’s purchase of Israeli computer vision company, Mobileye, for a hefty $15.3 billion. HPE bought storage solution provider, Nimble, for $1 billion. DeskConnect, the startup that developed the Workflow app, has been acquired by Apple who will offer the app for free. Amazon Web Services, a public cloud infrastructure provider, acquired Thinkbox Software, a company that provides software for managing media rendering workloads. Mozilla acquired Pocket, a startup that developed an app for saving articles and other content. In other tech news, Statistics Canada released a report highlighting Canadian participation in the sharing economy, i.e. peer-to-peer services, and its role in the Canadian economy. Another story that took headlines last month was that US corporate information, including work email addresses and phone numbers, was leaked from a 52-gigabyte database owned by Dun & Bradstreet.
News from the Nest (March 2017)
This month issue of News from the Nest includes Eagle’s hottest IT jobs, Industry News, and popular articles including “US Policy May Help Canada’s Tech Sector.”
Eagle is One of Canada’s Best Managed Companies
Eagle is thrilled to announce that it was once again recognized as one of Canada’s Best Managed Companies.
IT Industry News – February 2017
February 2017 saw very little M&A action. Nokia paid $371 million for Comptel and Apple picked up an AI startup company RealFace. Another company in the news, but for the wrong reasons was Samsung which is in the middle of a significant bribery scandal. On the economic front there were a lot of positive indicators out of the US and Canada also added 48,000 jobs in January. Around the world, the UK is starting to see some labour impacts from the Brexit decision as EU nationals are not applying for jobs they used to do. Brazil reached a record high in unemployment, in India hiring activity declined and in China there is expected to be a boom in hiring. Perhaps more interesting this month than the M&A activity, or lack thereof, were some other tidbits of news.
Eagle Celebrates International Women’s Day with Major Accomplishment!
Eagle is proud to announce that it has been listed on the 2017 Best Workplaces for Women list. The list was officially published on Monday by Great Place to Work Institute Canada in celebration of International Women’s Day.