Research On The Performance Of Cross-Border Mergers And Acquisitions Of IT Enterprises In China

At present,China's IT industry is developing at a high speed.These first-tier cities in the north,Guangzhou and Shenzhen,and new first-tier cities such as Hangzhou and Suzhou are high-gathering places in the IT industry.In recent years,many large-scale IT companies have emerged in China,such as Tencent,Lenovo and Alibaba.Etc.These have also become well-known international companies.However,in the face of such fierce competition in the market,IT giants who have a place in China are already dissatisfied with the status quo,starting cross-border mergers and acquisitions and exploring foreign markets.With the rapid increase in the number of mergers and acquisitions of IT companies,how is the performance of mergers and acquisitions,The hot topic,so the analysis of the performance of China's IT companies' cross-border M&A has both theoretical and practical significance.This paper mainly studies the performance considerations of cross-border M&A of IT enterprises in China,and analyzes the methods of individual case research from the perspective of industry.First of all,through careful study of a large number of domestic and foreign literatures of previous scholars,the basic concepts of motivation and performance of mergers and acquisitions are clarified.Then take Lenovo's acquisition of Motorola Mobile as an example.Based on the historical financials before and after Lenovo's merger and acquisition,thecompany's long-term financial performance is compared with the industry's average value,which can more accurately reflect the financial status of the company and supplement the non-financial indicators.To more fully understand the business situation after the merger and acquisition of enterprises.According to the existing problems,it will provide useful reference value and reference for the future IT companies in China when conducting cross-border mergers and acquisitions.