Research On The Performance Of Weier’s M&A Of Howay Technology

With the continuous deepening of economic globalization and the continuous changes in the international and domestic political and economic situations,my country’s semiconductor industry has also faced drastic changes in recent years.Mergers and acquisitions,as the main way for companies to expand,maintain their advantages and integrate resources,are increasingly accepted by companies in the semiconductor industry.In recent years,there have been many influential M&A cases.However,for semiconductor M&A companies,whether the motivations for M&A and the conduct of M&A activities are scientific and reasonable,whether the M&A goals can be achieved after the M&A,whether the strategic planning of the M&A company can be achieved,and finally the M&A performance such as resource integration and complementary advantages can be achieved.The development of semiconductor companies is very important and also affects the development of my country’s semiconductor companies.At the same time,the academic research on the performance of my country’s corporate mergers and acquisitions,especially the performance of semiconductor companies,is mostly based on financial indicators,while the lack of research on non-financial indicators cannot provide a more comprehensive guide to the mergers and acquisitions of semiconductor companies.The development of mergers and acquisitions has brought adverse effects.So it is of great practical importance to research on the Performance of Weier’s M&A of Howay Technology.Based on this,this article combines the development characteristics of my country’s semiconductor industry,comprehensive financial indicators and non-financial indicators,to study the motivation and performance of mergers and acquisitions in the semiconductor industry.This article selects the case of Weir shares acquisition of Howe Technology as the research object.First,it introduces the parties to the merger and the process of merger and acquisition,and analyzes the motivation of the merger.Secondly,this article uses the event analysis method to analyze and evaluate the short-term performance of M&A cases.Again,this article is based on the long-term performance analysis and evaluation of the balanced scorecard.That is,select relevant indicators,calculate the weight of each dimension through a matrix,and comprehensively analyze the long-term performance of the M&A case.Finally,based on the research of this article,the research conclusions are put forward,and the shortcomings of this research are found,and the future prospects are put forward.Research shows:Weir shares acquisition of Haowei Technology M&A is driven by its own shortcomings and expansion of market share.The short-term performance of Weir shares in the acquisition of Howe Technology is insufficient,and the long-term performance is excellent.The acquisition of Howell Technology by Weir Shares has achieved greater success.Its financial indicators have grown rapidly,and the reputation of customers has been steadily improved,and it has also played a positive role in promoting the internal management of Weir Shares.In particular,the synergy effect on the operation and management and finance of Weil Shares is obvious,which promotes Weil Shares’ technical reserves in the semiconductor field.It can be considered that the M&A activity has had a good impact on the operation and development of Weil Shares.The advantages of the activity outweigh the disadvantages.