The Case Study Of Technical Integration In The SYMG Merger SCHIESS

In recent years,the number of Cross-border M&A,in Chinese enterprises presents the fast growth trend,the scale is gradually expanding.The intensifying of market competition and the speed of product upgrading is faster,makes Chinese companies found their disadvantages,and begin to attach importance to the core technology,more and more Chinese enterprises select the way of technology acquisition Cross-border M&A to obtain foreign advanced technology.However,the success rate of Chinese enterprises'Cross-border M&A is not high,the lack of conformity ability become the main challenge of Chinese enterprises'Cross-border M&A.For the technology acquisition Cross-border M&A,it faces the biggest challenge is the integration of technology.Therefore,research on related questions of technology integration,technology acquisition Cross-border M&A for Chinese enterprises is of great significance.Iansiti firstly defined the technology integration,after that,the scholars domestic and overseas furthered the definition,to promote its further development.Current research on the question of technology integration mainly adopt the method of theory analysis,on the basis of grounded theory to do the case study is few.The purpose of this paper is to use grounded theory to research Shenyang Machine Tool CO.,LTD integrated the technology of German heath,the main research contents include:(1)On the basis of referring to the related literature,tracking related the type of technology and technology integration of Cross-border M&A research in domestic and overseas and the latest progress,analysis the existing research results of the enterprise obtained technology integration after technology acquisition Cross-border M&A,it lay the foundation for the conclusions in this paper,based on grounded theory.(2)In this paper,adopting the firsthand material(taking the form of semi structured interview,interview the Executive director Mr Dong Lingyun of the Shenyang Machine tool co.,LTD.)combined with the data and second-hand data collection methods for Shenyang Machine tool integrate German heath root material,according to the existing material coding using the grounded theory to the analysis.Through the analysis,to get the code reference point,finally get 31 free nodes and 10 tree node.And through the main categories and the relationship between mining and recognition,finally obtained the core of this paper-"technology integration".(3)When the Chinese enterprises proceed Cross-border M&A,especially for the type of transnational merger and acquisition of technology acquisition,technology integration after enterprise M&A should include integration,research and development project integration management and technical personnel integration.After merger and acquisition of Chinese enterprises to achieve results from cross-border M&A into their international business,but due to language barriers and lack of experience of transnational merger and acquisition and other reasons,will face cultural differences,and experience threats.In this case,the cross-border M&A of Chinese enterprises through the implementation of "integration"strategy to successfully change their transnational operation of positioning.Cross-border M&A of Chinese enterprises through technology integration of the three stages of technology selection,technology transfer and technical reconstruction,effective response to the core technology,to achieve successful transnational operation.(4)Through the analysis of the root of Shenyang Machine Tool integrated the related conclusions Germany heath,expounds the management integration,the core technology integration,technology selection.Finally,according to the root analysis conclusions,put forward related management implications.To sum up,this article from the original information of Shenyang Machine Tool CO.,LTD integrated the German Heath,on the basis of existing literature as the theoretical basis,using the grounded theory coding analysis the Shenyang Machine Tool CO.,LTD use the technology integration transfer and application of boring and milling technology such as the core technology of Heath,the establishment of heath TECH marks the Shenyang Machine Tool CO.,LTD eventually achieve the change from the Cross-border M&A to the transnational operation.Different from previous studies,this paper starting from the perspective of technology integration,considering the technology transfer,obtain two kinds of technology transfer mode in the three different stages of the Shenyang Machine Tool CO.,LTD integrated Germany heath,namely "broadcasting" technology transfer and "post office" technology transfer.