M&As: Can IT Make the Difference Between Success and Failure? -- Opening Statement
With the economy improving, corporate merger and acquisition (M&A) activity is heating up once again. The 1990s witnessed a record number of company acquisitions across virtually all industries -- with the number of failures rivaling the number of successes. Over the years, I have witnessed the good and the bad when it comes to company acquisition. On the one hand, I've seen mergers that resulted in significant leverage opportunities for both companies. On the other hand, I've watched large companies suffer terrible losses and even go out of business as they failed to absorb their newly acquired companies effectively.
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