This is my 30,000 foot appear at functions in the ICT business for February 2014.
A Minor Background of previous year’s Februarys…
Five years ago in February 2009 the information was ALL about layoffs and economic uncertainty. Nortel, in addition to their layoffs marketed their Alteon asset for significantly less than $eighteen million, which they had acquired for $7 billion nine years formerly! In usb pc &A activity was slow with no huge buys. Google acquired Aardvark Oracle acquired a couple of smaller sized entities IBM purchased a modest community application firm that focuses on the telco vertical and Sybase bought a organization that has a robust foothold in the monetary companies vertical. There had been tons of symptoms that the restoration was below way and Canada noticed some occupation growth soon after a period of time of decrease. February 2011 was yet another tranquil month for M&A with HP acquiring Vertica Opentext purchased Metastorm ($182 million) and Rackspace acquired Anso Labs. Entire world information was dominated by the well-liked uprisings in a expanding variety of nations around the world and the reactions of those governments which includes the brutality of Gaddafi’s Libyan supporters. Two years in the past, February 2012 was not a blockbuster month for M&A, but there was some exciting action. The largest offer of the thirty day period saw Oracle pay $one.9 billion for expertise management organization Taleo. Siemens Canada paid $440 million for networking equipment business Rugged.com. IBM purchased BYOD organization Worklight Dell purchased backup and recovery business AppAssure Apple acquired mobile lookup company Chomp and LM Ericsson acquired Ottawa dependent BelAir Networks. Final 12 months in February 2013 Dell went non-public in a $24.four billion deal, that included a $2 billion expense by Microsoft. Oracle paid $one.seven billion for networking organization Acme Packet Inc. Rackspace purchased big data firm ObjectRocket Telus was active with two acquisitions, electronic medical data division of the Canadian Health-related Affiliation and electronic forensics company Digital Wyzdom HP also offered the Palm operating program to LG for their intelligent TVs.
Which provides us again to the present…
February 2014 noticed Facebook make a large go with $16 billion acquisition of Whatsapp, which is possibly excellent valuation information for Blackberry simply because its BBM merchandise would be a direct competitor. Blackberry nonetheless experienced one more tough month when IDC introduced its figures as the firm’s smartphones accounted for only 1.nine% of income in Q4 of 2013.
An additional organization with big news, even though not automatically constructive was Sony. They show up to be reinventing themselves in their various niches as they are closing their eReader shop and divesting themselves of their Pc division (Vaio).
In other M&A news Comcast is creating a $45 billion engage in for Time Warner Cable Oracle paid out a reputed $four hundred million for knowledge administration platform business Bluekai LinkedIn paid $120 million for on-line work lookup company Brilliant and Klout was acquired for about $a hundred million by Lithium Systems. Google created a couple of acquisitions, on the web fraud business Spider.io and secure logon organization Slicklogin. IBM is buying database as a support firm Cloudant and Monster purchased a pair of businesses, social profile business Talentbin and occupation aggregation and distribution engineering organization Gozaic.
Other organizations creating news this thirty day period include Microsoft who declared a new CEO, Satya Nadella (who replaces Steve Ballmer) additionally a new Board Chair John Thompson (who replaces Bill Gates). Dell began its new daily life as a non-public firm with main restructuring, ensuing in likely fifteen,000 task losses. On the great news front, employment creation and infrastructure additions in Canada come in the kind of new datacenters for Bell Aliant and for Telus.
In stories from various resources Android has about eighty% of the cellular OS market place share, with Apple a distant 2nd. Samsung was the dominant handset hardware provider with 32% share, with Apple next. Apple even so accounted for approximately 1/three of tablet sales in Western Europe last yr, with Samsung next.
A Cisco study suggests that consumers will improve mobile info use by a aspect of around eight more than the coming 5 years… so make positive you have excellent data ideas! The Canadian Federal Federal government declared an infrastructure expenditure to set broadband into rural communities and Gartner inform us that IT spending was flat calendar year in excess of yr, for the 13th calendar year in a row!
Economic news was normally combined, with no main bad news and no massive breakthroughs. Some job progress in Canada and the US, some optimistic self-confidence indicators and some not so great. One particular review seemed to sum it up for me, Careerbuilder identified that 58% of employers truly feel the recession is still lingering!
That is it for my appear at what was going on in the technology room more than the last month, compared to the same thirty day period in preceding several years.
I’ll be back at the stop of March, until then… stroll quickly and smile!