Last year we had a BILLION DOLLAR Mergers and Acquisitions (M&A) year with some incredible acquisitions. 2012 has been no different. While it will be almost impossible to replicate the mergers of 2011, 2012 stands as a close contender and a reminder that EDA IS MORE ALIVE AND WELL than in a heck of a long time.
Not only did we have some surprising acquisitions, we also had a record year in hiring. In addition, sales for EDA seem to be at levels perhaps never seen before or if so, certainly not for a while. In late 2010, early 2011, I predicted that we were entering the period where the countering of the axiom was beginning…the complete pendulum shift on hiring was starting to occur. During that time it was a complete hiring dream for companies…too many job seekers, with not enough jobs. As hiring in 2011 continued its growth and 2012 cemented it, The polar opposite happened exactly as I predicted…too many jobs and not enough qualified candidates. Understand, there will always be candidates looking, some having more success than others, but that does not negate the fact that hiring is clearly happening and quite strong in EDA.