Technology Acquisition Examples

最后更新于：2024-05-16 07:04:50

The market for technology in 2024 was dominated primarily by strategic buyers who wanted to build capabilities in mission-critical subsectors, such as artificial intelligence. Microsoft’s investment into OpenAI and Databricks acquisition) as well as data analytics and cloud (i.e. Clearlake’s acquisition of Alteryx and IBM’s acquisition of Apptio) and security (i.e. Cisco’s purchase of Splunk and Rocket Software’s acquisition of Micro Focus). Tech vendors are dataroom.blog/top-tech-driven-ma-companies-overview increasingly focusing on the creation of a common stack to satisfy their customers’ most complex technology needs.

However, for a business’s technology acquisition strategy to succeed, it requires a strong “value culture” that lets the IT management team and senior engineers make decisions focused on maximising the value of their company’s spending. To achieve this, it is important to create competitive playing fields in the major supply industries and ensure that purchasing decision-makers don’t let relationships to deny them their bargaining power.

In the best-practice world, the procurement team is on the same page as the technology decision maker at every step of the acquisition process. This helps them ensure the purchasing decisions are influenced by the underlying business need and not based on the relationship with the vendor. It also helps to drive cost savings since it makes sure that the buying team doesn’t “direct” the purchase to a single supplier. In the worst scenario, the wrong procedure could affect a company’s negotiation leverage and can lead to overspending. This was evident in the Daimler Benz-Chrysler merger.