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While the internet giveth ...
As world leaders (of both the politician and popular culture variety) have been dazzling us this summer with global gatherings, overblown rock concerts and portentous communiques, it's easy to feel that our eyes are being averted from more mundane realities.
Take all the M&A activity in the information industry in recent weeks - something which portends a lot of jobs disappearing downstream. Mergers are always bloody businesses, with the axe falling to the corporate tune of "cost advantages".
The June roll-call was quite dramatic: Sirsi and Dynix (library systems); Bonnier and Infodata (business information); Hummingbird and RedDot (content management); Factiva and Synapse (taxonomy services); and T&F Informa and IIR Holdings. And don't think for a minute that that's the end of it. Expect more while you're lying by the pool.
Much of this must be due to the inevitable result of markets maturing and reaching a natural phase of consolidation. But some might blame the pressures of the internet ...
Source: HighBeam Research, Editor's View.(Brief Article)