Feb. 2, 2017
Though overall merger and acquisition volume across the staffing industry landscape was down last year from the multiyear high set in 2015, IT once again led all staffing occupational segments targeted in number of transactions.
IT staffing remains industry’s most active segment for M&A
31 January 2017
Though overall merger and acquisition volume across the staffing industry landscape was down last year from the multiyear high set in 2015, IT once again led all staffing occupational segments targeted in number of transactions.
Genuent taps former Manpower exec as CEO
31 January 2017
Genuent, a Houston-based IT staffing subsidiary of the Willis Group, named Kip Wright as president and CEO, effective Jan. 3. In the new position within the firm, Wright is responsible for all facets of executive strategy and leadership for the Genuent organization.
Artech acquires Minneapolis-based Tech-Pro
31 January 2017
Artech Information Systems LLC, a multinational staffing and professional services firm, acquired Tech-Pro Inc., a Minneapolis-based IT solutions company providing IT, engineering and business strategies.
Volt revenue down 6% in fiscal fourth quarter
31 January 2017
Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 6.2% in the fiscal fourth quarter ended Oct. 30.
HCL Technologies buys Butler America Aerospace
31 January 2017
HCL Technologies, one of India’s largest IT providers, acquired Butler America Aerospace for $85 million. The transaction closed Jan. 3.
Infosys revenue rises 6%, but outlook pared for fiscal year
31 January 2017
Infosys’ (NYSE: INFY) revenue rose 6.0% year over year to $2.55 billion in US dollars in its fiscal third quarter ended Dec. 31. The increase was 7.3% in constant currency.
Tech salaries to rise 3.8% this year, according to Robert Half
31 January 2017
Compensation in the technology and creative fields is expected to increase 3.8% and 3.6%, respectively, in the coming year, according to the 2017 Salary Guides from Robert Half Technology and The Creative Group, divisions of Robert Half International Inc. (NYSE: RHI).
IT staffing exec indicted in bribery, kickback scheme (Indianapolis Business Journal)
31 January 2017
A Carmel, Ind., man who leads an Indianapolis-based IT consulting and staffing company has been indicted for allegedly participating in a bribery and kickback scheme with an accomplice who worked for a national health care charity based in New Jersey, the Indianapolis Business Journal reported.