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Why Companies Are Using M&A to Transform Themselves, Not Just to Grow

Harvard Business Review

A brick-and-mortar retailer buys an e-commerce platform. An internet technology company picks up a mobile phone manufacturer. The current cohort of acquisitions goes well beyond the typical defensive, synergy-driven, horizontal integration that marked previous M&A spurts. Joe Beck/Unsplash/HBR Staff.

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Design as a New Vertical Forcing Function

Harvard Business Review

From Microsoft’s latest radical reorganization and subsequent purchase of Nokia’s devices unit to Google’s acquisition of Motorola , it’s clear that after decades of horizontal integration, high tech is in an age of increased verticalization. If they don’t, they may not survive this industry-realigning disruption.