weblink is my thirty,000 foot search at functions in the ICT business for February 2014.
A Tiny Background of preceding year’s Februarys…
Five many years back in February 2009 the news was ALL about layoffs and financial uncertainty. Nortel, in addition to their layoffs marketed their Alteon asset for much less than $18 million, which they had acquired for $7 billion nine several years previously! In February 2010 M&A exercise was slow with no massive buys. Google acquired Aardvark Oracle purchased a pair of more compact entities IBM bought a modest community software company that focuses on the telco vertical and Sybase bought a company that has a powerful foothold in the monetary providers vertical. There were heaps of signs that the recovery was below way and Canada saw some occupation growth right after a period of drop. February 2011 was an additional peaceful thirty day period for M&A with HP acquiring Vertica Opentext purchased Metastorm ($182 million) and Rackspace obtained Anso Labs. Entire world news was dominated by the well-liked uprisings in a growing quantity of international locations and the reactions of those governments including the brutality of Gaddafi’s Libyan supporters. Two a long time ago, February 2012 was not a blockbuster thirty day period for M&A, but there was some fascinating action. The most significant offer of the month noticed Oracle shell out $one.9 billion for talent management firm Taleo. Siemens Canada paid out $440 million for networking equipment organization Rugged.com. IBM acquired BYOD business Worklight Dell acquired backup and restoration organization AppAssure Apple bought cellular search organization Chomp and LM Ericsson purchased Ottawa based mostly BelAir Networks. Very last year in February 2013 Dell went personal in a $24.four billion offer, that provided a $two billion expenditure by Microsoft. Oracle paid $one.7 billion for networking company Acme Packet Inc. Rackspace bought large info company ObjectRocket Telus was busy with two acquisitions, digital health-related data division of the Canadian Medical Association and electronic forensics company Electronic Wyzdom HP also sold the Palm running program to LG for their intelligent TVs.
Which delivers us back to the present…
February 2014 saw Facebook make a large move with $sixteen billion acquisition of Whatsapp, which is most likely good valuation information for Blackberry since its BBM product would be a immediate competitor. Blackberry even so experienced one more tough thirty day period when IDC released its figures as the firm’s smartphones accounted for only one.9% of product sales in Q4 of 2013.
Another business with huge news, despite the fact that not essentially constructive was Sony. They seem to be reinventing on their own in their different niches as they are closing their eReader keep and divesting on their own of their Personal computer division (Vaio).
In other M&A news Comcast is generating a $forty five billion perform for Time Warner Cable Oracle paid a reputed $four hundred million for information management system organization Bluekai LinkedIn compensated $a hundred and twenty million for on the internet occupation search organization Vibrant and Klout was bought for about $a hundred million by Lithium Systems. Google created a pair of acquisitions, on the internet fraud business Spider.io and secure logon firm Slicklogin. IBM is getting database as a services company Cloudant and Monster bought a few of businesses, social profile organization Talentbin and task aggregation and distribution technological innovation business Gozaic.
Other businesses generating information this month include Microsoft who introduced a new CEO, Satya Nadella (who replaces Steve Ballmer) in addition a new Board Chair John Thompson (who replaces Bill Gates). Dell began its new existence as a private company with major restructuring, resulting in likely 15,000 task losses. On the excellent news entrance, jobs development and infrastructure additions in Canada arrive in the type of new datacenters for Bell Aliant and for Telus.
In stories from a variety of resources Android has about 80% of the cellular OS industry share, with Apple a distant next. Samsung was the dominant handset components provider with 32% share, with Apple 2nd. Apple nevertheless accounted for about 1/three of pill sales in Western Europe last calendar year, with Samsung 2nd.
A Cisco study suggests that users will enhance cellular knowledge use by a aspect of about eight in excess of the coming 5 a long time… so make confident you have very good info plans! The Canadian Federal Authorities introduced an infrastructure expense to put broadband into rural communities and Gartner tell us that IT spending was flat 12 months above yr, for the 13th year in a row!
Financial news was usually blended, with no major poor news and no massive breakthroughs. Some job expansion in Canada and the US, some optimistic self-assurance indicators and some not so good. One particular study seemed to sum it up for me, Careerbuilder identified that 58% of employers really feel the economic downturn is nonetheless lingering!
That is it for my appear at what was happening in the technology area over the previous thirty day period, in contrast to the exact same thirty day period in prior a long time.
I’ll be again at the end of March, until finally then… stroll quick and smile!