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

Harvard Business Review

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. Market breakthroughs. Joe Beck/Unsplash/HBR Staff. How to make your company more nimble and responsive.

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Today's Best Companies are Horizontally Integrated

Harvard Business Review

With every degree of verticalization now made possible by information and communications technologies, the right scope of operations for any given firm is an open question. Today, your management team should be giving more thought to horizontal integration. Let me suggest, however, that it is the wrong question to obsess about.