Research On Transnational Merger And Acquisition Of Chinese Enterprises Based On Corecompetence

This article is about the strategy of cross-border M&a research paper, the transnational merger and acquisition cases in China, Lenovo’s acquisition of IBM PC global business cross-border acquisitions as the focus, to explore the causes of the existing problems, and in-depth analysis of the cross-border mergers and acquisitions of Chinese enterprises in the process of problem, put forward should adopt the transnational enterprise the process of acquisition strategy, the core of this strategy is to improve the competitiveness. Based on this, the future of China’s enterprises transnational mergers and acquisitions have corresponding theoretical basis. The core idea of this paper is to enhance the competitiveness, analysis process to combine the theory and examples of principles and absorbed the essence of the ready-made theory; these theories include the enterprise competition, foreign investment, transnational mergers and acquisitions. In order to verify the above conclusions, this paper to Lenovo global computer business of IBM company as an example of the case, and on this basis, put forward in line with China’s national conditions of transnational merger and acquisition theory. We believe that for enterprises to enhance the core competitiveness of enterprises, cannot be ignored is or should have the ability of learning and practice, transnational merger, to integrate both technical and cultural advantage, improve enterprise efficiency. In addition, the multinational combined association in the core competitiveness advantage analysis, think Lenovo to enterprises has injected new vitality, Lenovo’s core competence successfully promoted by cross-border mergers and acquisitions, it is because Lenovo used reasonable and efficient strategy, Lenovo cases gave us important enlightenment:Lenovo Group successful acquisition of foreign enterprises, improve the core competitiveness of enterprises, it has a far-reaching influence on the internationalization development of Chinese enterprise in the future, China’s enterprises want to proceed with determination in enterprise internationalization even catch-up, must realize the final purpose of cross-border M&A is to enhance the core competitiveness of enterprises.