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Volume : III, Issue : IV, May - 2013 AN EXPLORATORY STUDY ON SUCCESSFUL MANAGEMENT OF INTERNATIONAL MERGERS AND ACQUISITIONS IN IT INDUSTRY BHUPESH MALHOTRA AND VANDANA SHARMA Published By : Laxmi Book Publication Abstract : The international acquisitions constitute an unexplained paradox: although
academic research and business practice have shown that the majority of these
transactions fail to achieve pre-acquisition objectives. Acquisitions across borders
continue to be very popular and remain the main vehicle through which MNCs undertake
foreign direct investment (The Economist, 2007; UN Conference on Trade and
Development, 2000). It therefore becomes important to examine the causes of
international acquisition failure, and to develop strategies that may mitigate these
problems.
This study has used structured interviews of experts of one IT major company which has
done more than forty successful mergers & acquisitions in the past, self working
experience of the author in the field of IT industry merger and acquisition process and
with varied literature available on this topic to: a) Evaluate the previous experience in
successful management of the merger and acquisition; b) link between merger failures
and associating corresponding reverse pointers as its success measure and c)
identification of key areas which lead to successful management of international
mergers and acquisitions in IT industry.
With the help of project management framework, a successful model in IT industry
mergers is being proposed in this paper. Keywords : Article : Cite This Article : BHUPESH MALHOTRA AND VANDANA SHARMA, (2013). AN EXPLORATORY STUDY ON SUCCESSFUL MANAGEMENT OF INTERNATIONAL MERGERS AND ACQUISITIONS IN IT INDUSTRY. Indian Streams Research Journal, Vol. III, Issue. IV, http://oldisrj.lbp.world/UploadedData/2314.pdf References : - Rottig, Daniel, (2007), “Successfully Managing International Mergers and Acquisitions: A Descriptive Framework”, The journal of the AIB-SE, USA, International Business: Research Teaching and Practice 2007 1(1).
- Larsen, P.T. (2007) 'Takeovers reach a record high', The Financial Times: Special Report Corporate Finance, January 25: 1.
- Saigol, L. & Politi, J. (2007) 'M&A volume tops $1,000bn', Financial Times, March 30: 13.
- Moeller, S.B. & Schlingemann, F.P. (2005) 'Global diversification and bidder gains: A comparison between cross-border and domestic acquisitions', Journal of Banking & Finance, 29: 533-64.
- Sirower, M.L. (1997) The Synergy Trap: How Companies Lose the Acquisition Game, Free Press: New York.
- Salame, Rita. (January 2006). “Why Do Mergers Fail? What Can Be Done to Improve their Chances of Success?” Key Strategy www.key-strategy.com, USA
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