Research On Mergers And Acquisitions Financia Risks Of The Listed Software Companies

With the continuous development of China's economy,the frequency of mergers and acquisitions in this country is increasing and the domestic theorists and practitioners are more eager to do research on M &: A.The software industry is an important part of the economy.But relatively few scholars are interested in it.Therefore it is still necessary to study the performance of software enterprises in china.In addition to the socialist economic system Chinese characteristics originated from the western M & A theory is the total output value of 2011 Annual software industry reached 1 trillion and 800 billion an increase of 33% compared to 2010 the total output value of the software industry in 2012 reached 2 trillion and 400 billion the latest data show that in 2013 the total output value of China's software industry nearly 3 trillion in the new wave of mergers and acquisitions in China's software industry from the amount of mergers and acquisitions and the scale will be improved.With the spread of the global economy the software industry has gradually developed with the application of the Internet and has promoted the close integration between software network and people's economic life.Software has gone through the previous bubble economy with more than ten years of rapid development and gradually entered the peak period of economic development that is mergers and acquisitions period Many of the small software industry mergers and acquisitions with each other or by large-scale mergers and acquisitions how to prevent these risks in software mergers and acquisitions China's software industry in mergers and acquisitions the solve a major problem.This paper first describes the research background and significance of this problem as well as previous research review.Then the concept of M &: a risk is defined and related theories are analyzed.Secondly the emergence of software mergers and acquisitions and on this basis combined with the acquisition of software and software.LINA financial integration in recent years the case of mergers and acquisitions further analysis of the software industry mergers and acquisitions of listed companies motivation.According to the trend of M &: A the potential value of the business of the acquirer the employee mobility the close relationship between the M &: a business and the large span of the software acquisition industry the paper further analyzes the characteristics of the transaction.Thirdly between the M &: a business and the large span of the software acquisition industry the paper further analyzes the characteristics of the transaction.Thirdly through empirical analysis we analyze the risk points in each phase of the software industry mergers and acquisitions.Finally put forward how to deal with risks and put forward concrete measures.From the strategic point of view of mergers and acquisitions in order to promote the sound development of China's software industry.For our software industry to achieve expansion and enhance overall competitiveness there is a certain reference role.