“如果你赢不了它,就买下它。”20世纪90年代的科技兴盛时期,这句话成为领先技术公司的经典箴言。很显然,尽管有些收购使收购者获得利润,但仍有许多收购未能实现其预期价值。沃顿商学院管理学教授乔德赫瑞(Saikat Chaudhuri)揭示了其中的缘由。乔德赫瑞指出,那些曾经疯狂收购的公司不久就认识到,尽管购买技术很容易,让它们盈利却并非易事。 “If you can not win it, buy it.” "The rise of technology in the 1990s was a classic proverb for leading technology companies. Obviously, many of the acquisitions failed to deliver their expected value despite some of the acquisitions made the acquirer profitable. Wharton management professor Saikat Chaudhuri sheds light on why. Jojerhury pointed out that those companies that once frenzied to acquire soon realized that, while buying technology is easy, making them profitable is not easy.