Case analysis of Lenovo merging and acquiring IBM PC ：对联想并购IBM PC的案例分析.docxVIP

[鍵入文字] 頁  PAGE \* MERGEFORMAT 20 International Financial Management 2012 Case analysis of Lenovo merging and acquiring IBM PC department Team Members: 叶子明 金融 2 王安琪 金融2 陈妍羽 金融2  Content The case of Lenovo merging and acquiring IBM PC department…………..2~5 The critical successful factors that are the focus of the successful MA activities………………………………………………………………………………………….6~7 The summary of lessons learned which made the factors successful…….7~9 What is the company should do next to improve its post- MA initiatives.9~11 Chinese restrictions on foreign MA activities in China and the rationale behind……………………………………………………………………………………………………….11~14 The advantages and the disadvantages for the proposed MA activities under the global financial crisis………………………………………………………………………………..15~20  Case Study Lenovo Group Limited (SEHK: 0992) is a Chinese multinational computer hardware and electronics company with its operational headquarters in Morrisville, North Carolina, United States and its registered office in Hong Kong. Its products include personal computers, tablet computers, mobile phones, workstations, servers, electronic storage devices, IT management software and smart televisions. Lenovo has operations in more than 60 countries and sells its products in around 160 countries. Lenovo was founded in Beijing in 1984 and incorporated in Hong Kong in 1988 under its previous name, Legend. Lenovo is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng China-Affiliated Corporations Index. In the 1980s, with market reforms in progress, the Chinese government hired Liu Chuanzhi to distribute imported computers. Liu founded Lenovo in 1984 with a group of ten engineers in Beijing with 200,000 yuan. Their first significant effort, an attempt to import televisions, failed. The group rebuilt itself within a year by conducting quality checks on computers for new buyers. Lenovo soon started developing a circuit