Industry News

Accenture Federal Services, a Virginia subsidiary of the global professional services firm Accenture, opened a technology-focused innovation center Monday in Woodlawn that will more than double its workforce to 300 people in the coming years. The Innovation Center for Technology will focus on information technology work for Accenture's federal clients, including Woodlawn-based Social Security Administration and the Centers for Medicare and Medicaid..."/>
Accenture Federal Services will double workforce as it opens innovation center in Woodlawn [The Baltimore Sun]
Mckesson, the Baltimore schools administrator and Black Lives Matter activist arrested during a protest in Baton Rouge, said Monday he is free to leave the state of Louisiana after the conditions of his bail were modified. Mckesson, 31, who is the chief of human capital for the city school system, was among more than 100 arrested in Baton Rouge over the weekend amid nationwide protests against police violence. He had been barred from leaving Louisiana..."/>
DeRay Mckesson free to return to Maryland, lawyer says [The Baltimore Sun]
No Ease in Mortgage Credit for 8 Months [Mortgage Daily]
Biggest Mortgage Lenders and Servicers [Mortgage Daily]
Leidos Holdings, Inc. announced on January 26.. In that deal, Leidos entered into a definitive agreement with Lockheed Martin under which Leidos will..."/>
Lockheed Martin Launches Exchange Offer for Separation of IT, Technical Services Businesses
Intel, Apple and Salesforce. One company that hasn't addressed the topic is communications chipmaker Qorvo, which splits its headquarters between Greensboro, North Carolina, and Hillsboro, Oregon."/>
Intel, Apple and others file brief opposing North Carolina 'bathroom bill'; Qorvo sits out debate [The Oregonian, Portland, Ore.]
Twilio's successful offering last month, which experts hoped would reinvigorate the lethargic IPO market. But the massive size of Line's offering could make it even more influential for tech companies considering..."/>
Japanese messaging app Line raises $1 billion [East Bay Times]
Seagate Technology will cut 6,500 jobs worldwide over the next year, the firm reported Monday. The company, best known for making PC hard drives, said the 14 percent workforce reduction was part of a restructuring and "footprint consolidation" that would help the bottom line. The jobs to be eliminated are in the Americas, Asia, Europe, the Middle East and Africa, the company said."/>
Seagate will eliminate 6,500 jobs [East Bay Times]
CATHAY GENERAL BANCORP TO ACQUIRE SINOPAC BANCORP FOR USD 340 M Los Angeles, US-based bank holding company Cathay General Bancorp and Taiwan-based bank holding company Bank SinoPac Co. Ltd. have signed a stock purchase agreement for Cathay to acquire Bank Sinopac's US-based SinoPac Bancorp subsidiary forUSD 340 m, the companies said. SinoPac Bancorp, through its subsidiary Far..."/>
M and A Navigator: Deal pipeline –12 July
Seagate Technology will cut 6,500 jobs worldwide over the next year, the firm reported Monday. The company, best known for making PC hard drives, said the 14 percent workforce reduction was part of a restructuring and "footprint consolidation" that would help the bottom line. The jobs to be eliminated are in the Americas, Asia, Europe, the Middle East and Africa, the company said."/>
Seagate will eliminate 6,500 jobs [Mercury News]
Twilio's successful offering last month, which experts hoped would reinvigorate the lethargic IPO market. But the massive size of Line's offering could make it even more influential for tech companies considering..."/>
Japanese messaging app Line raises $1 billion [Mercury News]
3 area medical practices join IHP [St. Cloud Times, Minn.]

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