March 5, 2020
SIA recently published its annual Mergers & Acquisition Trends: North America 2020 Update. The report tracks the number of transactions each year, both in aggregate and by staffing segment.
IT staffing M&A activity rises again in North America
2 March 2020
SIA recently published its annual Mergers & Acquisition Trends: North America 2020 Update. The report tracks the number of transactions each year, both in aggregate and by staffing segment.
BG Staffing acquires IT staffing provider EdgeRock for $21.6 million
2 March 2020
BG Staffing Inc. (NYSE: BGSF) acquired EdgeRock Technology Partners for $21.6 million in cash.
TekPartners names new CEO; firm’s founders remain board members
2 March 2020
IT staffing firm TekPartners promoted Jay Bevilacqua to CEO from the position of president.
Infosys to acquire US-based Salesforce consulting company for $200 million-plus
2 March 2020
Infosys Ltd. (NYSE: INFY) announced plans in February to acquire Simplus for $200 million plus $50 million in employee incentives and retention payments based on performance conditions over the next three years.
Engineers for cloud projects tough to find; outside consultants on tap
2 March 2020
A majority of IT decision-makers, 63%, say it’s more difficult to find qualified engineers for cloud projects than it is to find Bigfoot, according to a survey by Wakefield Research and Logicworks.
IT developer remote hiring platform sold to Texas-based code review provider
4 March 2020
Moonlight, a Brooklyn-based online platform for hiring remote IT developers, was acquired by PullRequest Inc.
CTG buys crowdtesting provider StarDust
4 March 2020
StarDust, an IT testing firm based in Marseille, France, was acquired by CTG (NASDAQ: CTG) in a transaction valued at $4.85 million. StarDust’s operations include crowdtesting.
IT jobs tick down; downward pressure to remain
4 March 2020
IT employment in the US ticked down 0.01% in January, and the downward pressure on jobs appears set to continued, according to the TechServe Alliance, the trade association of the IT and engineering staffing and solutions industry.