Research On Synergy Effects Of Lenovo Lenovo Group’s Mergers And Acquisitions Of Motorola Mobility Holdings

As the market economy becoming global steadily,M & A has become the main means for enterprises to expand their business and enhance the strength.According to relevant statistics,the M&A activities of Chinese enterprises are becoming more and more frequent.While the success of mergers and acquisitions are inextricably linked with achieve the Synergy Effects.how to realize the Synergy effect for our country enterprise has very important theoretical and practical significance.This paper firstly reviews the research on cross-border M&A and Synergy Effects at home and abroad,analyzes the influencing factors and realization mechanism of Synergy Effects,which provides a theoretical basis for this paper.Secondly,this paper introduces the whole case of Lenovo’s acquisition of Motorola from the background of M&A parties,motives,M&A process,the development strategy after the M&A.Then This paper through the operating synergy,the management synergy and the financial synergy three aspects analysed that although the synergy effect of Lenovo’s acquisition is not obvious on the financial data,Lenovo constantly formulating the corresponding development strategy according to the global market,constantly restructuring business,has taken a lot of measures in order to achieve synergy effect.To some extent,it reflects the realization of synergy effect.Finally,this paper analysed the risk in the process of the realization of the synergy effect of M&A.On thebasis of this,it puts forward the countermeasures to enhance the synergy effect: making clear enterprise development strategy is the key to realizing the synergy effect;correctly choosing appropriate M&A is the basic of realizing synergy effect;To adopt reasonable payment method is the foundation of realizing synergy effect;attaching great importance to the post merger integration work is the stress to realizing synergy effect.