Case Research From The Beijing Beida Jadebird Corporation Merger Beida Tomorrow Corporation.

In the context of the international financial crisis, as the IT industry matures, the international and domestic IT companies more and more M & A cases, while the domestic IT software and IT services market with high growth environment, industry-based The merger provides a wealth of market opportunities.In this paper, Beijing Beida Jade Bird company's acquisition of the company tomorrow, as the case study of this acquisition, analysis of mergers and acquisitions Beijing Beida Jade Bird tomorrow's M & A, corporate mergers and acquisitions on both the background, motivation, evaluation, integration done systematically reviewed. The study includes the following aspects: first is the introduction. This paper described some of the major research background and significance, the content and methods of formation of domestic and foreign research scholars Literature Review. The second chapter is Beijing Beida Jade Bird merger case to introduce tomorrow, including the acquisition of the basic situation of both parties, M & A background and party profiles, both mergers and acquisitions and corporate profile and corporate mergers and acquisitions between the way the game and balance. The third chapter is part of M & A case study from the motivation for the deal to analyze the company's M & A, from international and domestic capital markets, active IT environment, the domestic IT industry development and other external conditions and the two company's development aspirations and strategies the formation of the external and internal M & A motives, then the company's M & A and financial point of view from a strategic perspective to assess the value of evaluation by the target company to determine the equity after the merger, and post-merger profit forecast trends. Chapter IV discusses the post-merger integration, post-acquisition financial analysis, business operations, human resources integration process. Chapter summary from the M & M's successful experience in the problems and, combined with domestic IT service provider market has been successful experience and enlightenment; the same time of this merger on the deficiencies and to propose a solution.Case in the preparation and analysis process, I made a more adequate documentation and the actual data collection and collation of historical documents and access to the latest policies and industry dynamics. Meanwhile, the process of writing this article, and the Company and the Beijing Beida Jade Bird future management of the company's operating company operating on the current status and future development direction of the company conducted in-depth interviews for case studies provide the basis of first-hand information. In addition, the acquisition of two companies collected nearly four years of historical data (mainly in the financial data), through the analysis of accurate anatomical data and M & A firm to assess the situation.Keywords: mergers; value assessment; integrationFinally, lead to the IT software and services industry, our thinking, in the absence of the core competitive edge of enterprises on how to become bigger and stronger, made do first and then find the scale of the core competitiveness of the conclusions...