Study On Synergistic Effect Of Overseas Technology M&A

Private economy is an important part of China’s national economic system.With the increasing contribution and more important role of private economy in the whole economic system,private enterprises are playing an increasingly important role in promoting the development of independent innovation in China’s economy(Si Haijian et al.,2020).However,technical problems have been restricting the further development of private enterprises in China(Feng Zhengqiang et al.,2005).Due to the problems of large R&D investment,long R&D cycle and high output risk,many private enterprises have adopted the methods of acquiring scarce technologies from outside on the basis of the original independent R&D capacity,such as technology purchase,strategic alliance and technology merger and acquisition.Compared to the technical purchase and strategic alliance,technology mergers and acquisitions as an important method to obtain the core technology resources of external enterprise and improve its own research and development ability effective(Huang Lu etc.,2017),can not only obtain scarce resources,also can strengthen the control of technological resources,the characteristic of the core technology,master the core competitive advantage(wale,etc.,2021).Based on the above,it is necessary and significant to study the synergies brought by overseas technology M&A.Taking private enterprise company A as the research object,adopting the method of literature study,case study and comparative study,the review of the definition of skilled overseas mergers and acquisitions,the factors influencing technology synergies,and foreign technology acquisition synergies related literature,the case of oversea M & A is introduced.Then discuss whether synergies are formed after A Company’s overseas technology acquisition of B Company,that is,whether synergies are formed in management,operation,finance and technology.Because this case is a major and a typical case of transnational M & A,over the years and the main purpose of M & A is to obtain the other side of the core technology,so the paper continue to dig deeper into how the case forming technology synergies,the forming technology of what is the mechanism of the synergistic effect,and summed up the enterprise overseas Technology M&A synergy mechanism model.Based on the above research,this paper finally draws the following conclusions: the management synergy generated by Technology M&A needs to be further strengthened,the operation synergy has made steady progress,and the financial and technical synergy has a good effect.For the smooth progress of overseas technology merger and acquisition,when necessary,the acquisition company can make appropriate compromises and concessions without involving core interests and appeals.At the same time,according to the article summarizes enterprise overseas Technology M&A synergy mechanism model,influence enterprise overseas Technology M&A synergies and effect factors are divided into the different importance,in front of the mergers and acquisitions and mergers and acquisitions after the completion of the integration process,should focus on enterprise overseas Technology M&A synergy mechanism model is the important influencing factors,Promote the generation of technological synergies by strengthening these detailed key influencing factors.In addition,it puts forward three main suggestions: to perfect the corporate governance structure;Promote the application process of industrial robots;We should regard innovation as the primary driving force of development,and improve our innovation capability through a variety of ways.