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

Harvard Business Review

The current cohort of acquisitions goes well beyond the typical defensive, synergy-driven, horizontal integration that marked previous M&A spurts. Though recent acquisitions may seem idiosyncratic, they all have in common the need to find new avenues for growth in mature markets or deal with accelerating change.

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A Board Director's Perspective on What IT Has to Get Right

Harvard Business Review

For mature, large-scale, multinational companies, there is a virtuous cycle of efficiency improvements that frees up resources, which can then be deployed for growth and innovation projects. The biggest opportunities for these companies are simplification and horizontal integration projects.