Since 1990s, a new turn of enterprises Merger and Acquisition upsurge has been raised in the global scope. Significant cases of international M & A usually happend as one falls another rises, the high tide occurs repeatedly and tend to appear more fury. Compared with the former M & A upsurges, this one presents many different characteristics, the most obvious performance is that more and more enterprises closely band the M & A with the construction of enterprises core competition. Lenovo and HP are both the global IT well-known enterprises, so the behavior of their international merger and acquisition has come into being huge influence to the entire IT market.
The Thesis is divided into 5 chapters. In Introduction, the thesis analyzed the present situation of Merger and Acquisition in the world. Chapter 2 discussed the path of Lenovo’s M&A, and chapter 3 discussed the path of HP’s M&A, then chapter 4 compared the same and the difference between Lenovo and HP. Chapter 5 studied the experiences and the lessons of our national enterprise’s internationalization that come from the two companies. The author mainly analyzes and compares the international M & A strategy of the Lenovo and HP, and puts forward some suggestions to our enterprise’s internationalization at the last. The author hopes, it is helpful for our national enterprise’s internationalization to abstract from the experiences and the lessons of Lenovo’s and HP’ s M&A.
【Key Words】Merger and Acquisition(M&A) Value Chain Conformity marketing