Merger & Acquisition Integration Path And Strategy Study Of Medtronic Company

In recent years, the trend of the development of global economic integration and global economic competition intensified, the urgent requirements of the company constantly in pursuit of low cost and high efficiency to improve themselves in the market competitiveness and market share. Acquisition of enterprise development is an important way and important advantages of the transnational M & A is:first, to help companies expand market share and visibility, secondly, rich resources of target enterprises in the host countries generally have more mature and rich resources. Finally, cross-border mergers and acquisitions can also effectively reduce the barriers to entry into a new industry, greatly reduce the risk and cost of enterprise development, make full use of the experience curve effect, obtain the competitive advantage of science and technology, financing facilities, and with relatively low prices for the assets or equity of his country’s enterprises and so on advantage. Thus, transnational merger and acquisition activity rapid growth.This paper applies comparing principle, Medtronic M & A integration path and strategy of project analysis points for the company mergers and acquisitions development motivation analysis, mergers and the choice of target company, M & a strategy implementation and merger integration etc. several parts content, combined with the relevant theories of strategic management system, separately elaborated Medtronic M & A integration path and strategy of the aims, methods and results, the M & a project was validated by the actual operation to give the data. At the same time, in view of the problems exist in the merger, acquisition and integration process, and puts forward constructive opinions and suggestions, and of Medtronic and M & a development trend is prospected.In the end, Medtronic as the world’s leading medical device company, in recent years, a large number of mergers and acquisitions activity, both quickly and effectively compensate for the authigenic insufficient quickly into new areas to seize the market, and make their equity markets continue to add value. Thus it can be seen that Medtronic in corporate mergers and acquisitions relatively mature and successful, this paper mainly for Medtronic, Inc. acquired domestic listed in the United States company Kanghui Medical Devices Co., Ltd. the acquisition process were studied, specifically for assessment before the merger, the implementation of the acquisition process, people and cultural resources integration and mergers and acquisitions effect assessment of research, for domestic enterprises in the future mergers and acquisitions to expand to the world to provide reference.