Thursday, June 25, 2020

Mergers and Acquisitions - IBM - Free Essay Example

Mergers and Acquisitions Abstract Mergers and acquisitions refer to the features of corporate finance, strategic management, as well as management. These features deal with the buying, the selling, and dividing of many companies. The division helps the enterprise to grow faster without the need to create a subsidiary of a joint venture. The paper shows an example of one company that went through the process of mergers and acquisition in the United States of America for the last three years. Keywords: Strategic management, corporate, subsidiary, joint venture IBM Acquisition of Cloudant IBM continued to stamp its control in the cloud-computing world when it announced that it was about to make an acquisition of Cloudant, a company that provides customers with a database-as- a service. Through its annual conference, IBM declared that the agreement to make an acquisition of Cloudant, a Boston-based company, was complete. Cloudant, a privately owned company that helps developers to build a web and mobile apps, had chosen to become a part of IBM’s family (Goldberg, 2013, p. 134). Circumstances that Led to Cloudant Acquisition IBM believed that by reaching an agreement to acquire Cloudant, it would extend its cloud computing space, big data and analytics, and mobile services through the act of helping their clients to take advantage of the growth opportunities brought by the acquisition. Since many customers from across all industries that include financial services, online learning, financial services, healthcare, and retail use Cloudant computing, IBM saw this as a chance to build its economic empire and increase the market potential. According to Poulley Sean, the deputy president of Database and Data Warehousing at IBM, IBM has taken the forefront in trying to help its client in taking advantage of the big data, mobile, and the cloud. On the other hand, Cloudant sits at the centre of the transformational areas and assists th e clients in delivering innovative, data-rich, and engaging apps to the market (Goldberg, 2013, p. 135). Cloudant Company had also risen to become a major contributor in Apache CouchDB, an open-source database community. The database offers elastic scalability, high availability, and innovative mobile synchronization. JSON cloud-based service enables web and mobile developers to store and get access to an explosion of flexible data. Most importantly, NoSQL databases are flexible and this has led to many developers embracing it. Therefore, its usage for both web and mobile app developers has made JSON as the leading NoSQL database technology. Robert Leblanc, senior vice president of cloud solutions and software, believes that JSON is the first NoSQL database ready for use in the enterprise (Goldberg, 2013, p. 135). Reasons for the Acquisition The decision to acquire Cloudant was IBM’s belief that the acquisition would help complement its big data and analytics portfol io that would surpass the conventional data management. The acquisition would achieve this fete through the provision of a database that acts as a service and assists clients in simplifying and accelerating the creation of appealing and ascendable web and mobile apps. IBM also believed that the acquisition of Cloudant would also form an integral part in IBM’s Mobile First solutions. The acquisition would help the developers using IBM’s mobile app development software, and the Worklight to create adjustable and ascendable apps that fuse both structured and non-structured data (Goldberg, 2013, p. 136). IBM also believed that the acquisition of Cloudant would help in strengthening its cloud solutions through provision of tools and resources to its developers. These developers would build, conduct some tests, deploy, and scale the cloud apps in many hosting layers. Positive Effects One of the positive results that came about because of Cloudant acquisition is that today the Cloudant runs the whole of IBM’s software platform. Cloudant also extends the recent investments made by IBM in its software cloud infrastructure. As an international service that brings in revenues from over 140 countries, the Softlayer gives an easy cloud to support the potential clients in deploying flexible potentialities with the privacy, security, the accuracy of discreet clouds and the economy, adjustability and the speed. Derek Schoettle, Cloudant CEO, believes that Cloudant’s decision to be a part of IBM family shows that the subsequent wave towards the enterprise technology innovation is moving away from the infrastructure and it now appears in the data layer. He further believes that the Cloudant’s relationship with Softlayer and IBM had grown mostly in the present days due to more devices that generate data at an extra-ordinary rate. Combination of IBM’s resources and enterprise reliability with the expertise of Cloudant NoSQL bring s an addition to data layer services to the overall IBM’s portfolio that competes with that of others (Goldberg, 2013, p. 136). Negative Effects A notable effect of the merging of big data and cloud solutions is that only well established enterprises with the largest capital outlay are able to create these big data cloud offerings. The acquisition of Cloudant by IBM paves way for the Walmart technological results, a situation whereby well-established sellers are in a position to create mats of divergent data that will threaten the vitality of the big data, the cloud, and the analytic start-ups. For example, the big retailers, such as Walmart threatens the vitality of many self-reliant stores. Organizational Structure after the Merger The acquisition of Cloudant came about because IBM wanted to strengthen its portfolio to assume a leadership role in the cloud computing technology. The acquisition came about after the company announced that its objective was to inve st billions of dollars in building a domain business, establishing an independent business unit, and acquiring of the Softlayer that will help the company in cognitive and cloud computing. IBM Company also reiterated its stance of putting Cloudant Company under the Information and Analytics Group, which is a newly formed business unit. With this, the IBM Company assumed a divisional organizational structure after making the acquisition of Cloudant. The acquisition also led to a complex organizational structure because of the additional portfolios (Goldberg, 2013, p. 143). Initially, the organizational structures of the two companies before the acquisition was simple and vertical, but after the acquisition the organizational structure of the new company looks complex. The consequence of this may mean that coordination and communication between the different units that make up the company will start to experience some problems. Modification of the Human Resources management prac tices in the Company after the Acquisition There was no major modification after the acquisition of Cloudant Company by IBM. The reason for this is that the Cloudant Company may have had an effective human resource policy in place before IBM developed an interest in acquiring it. The innovative products that the company developed show the level of competence of all the employees hired by the company. These employees also had all the necessary skills to work for this esteemed company. Therefore, the company built its human resources policy on sound management principles. References Goldberg, R. A. (2013). Mergers and acquisitions 2013: trends and developments. New York, NY: Practicing Law Institute. Mergers and acquisitions. (2005). Mechanicsburg, Pa.] (5080 Ritter Rd., Mechanicsburg 17055- 6903): Pennsylvania Bar Institute. (2000). Mergers and Acquisitions. Biotechnology Law Report. 19(5), 614-615. Vachon, D. (2007). Mergers and acquisitions. New York: Riverhead Bo oks. Vinten, G. (1993). Employee Relations in Mergers and Acquisitions. Employee Relations. 15(4), 47-64.

Tuesday, June 9, 2020

WhIch Type of College Consultant Can Help

HomeApplyApplicationsWhat the Pros Know: Which Type of College Consultant Can Help?This page may contain affiliate links.Oct 30, 2018 Have you noticed how many college consultants there are in the college admissions and finance area? It’s great because you can get almost any kind of help with college you need, but it can also be overwhelming to sort through. Knowing what each type of college consultant can provide you and when you might want to hire them can really help streamline the college process. Here is a quick review of common pros, what they know, and how they can help you! What Do Test Prep Tutors Do? The first step to getting into college is taking standardized exams, which include the ACT and SAT. Some students struggle with standardized tests, and others simply need help reinforcing the subject matter. If you hire a private test prep tutor, your student will receive personalized attention in preparing for these important exams. A great SAT or ACT tutor will: Help your student set at target score as a goal, based on the admission scores at the preferred college Encourage your student to set reasonable expectations, not simply add to the pressure of the senior year Help your child establish a structured studying schedule, along with a practice test schedule Identify and address specific content weaknesses your child faces Give suggestions on how to approach specific types of questions or problems Help with test time management, stress, and managing careless errors A private tutor is a great choice to bring up your student’s scores. It’s a long-term, focused answer where your child gets personalized attention to help with college admissions. What Do Essay Tutors Do? An essay tutor is a specialized service that helps your student do well with all of those admissions essays. Essay tutoring is generally not included with college counseling or test preparation. Many times, a school wants to know what really makes a student tick, so they ask for an essay beyond the application itself. This essay not only helps make admission decisions, it can be key for merit scholarships and other awards as well. If your student struggles to express themselves in writing – and many do – an essay tutor can be exactly what they need. Essay tutors are not essay writers. Your student should write 100% of their own work. Here’s the help your student can expect from an essay tutor: Brainstorming essay topics Revising essays to bring out key details and unique voice Grammar and writing tutoring if needed Guidance researching â€Å"Why I want to attend this school† essays Final editing to ensure no details are missed Be sure to avoid essay â€Å"tutors† who offer to write the essay for a fee. College admissions teams can see right through that – they know what typical 18-year-olds write and what they don’t. What Do College Counselors Do to Help With College? College counselors are focused on helping students apply for, get admitted to, and find scholarships for college. There are two primary kinds. The High School Counselor Your student’s high school probably has at least one counselor that is focused on helping students apply for and move on to college. These professionals can be very helpful in helping your student understand their interests, find scholarship information, get recommendation letters, and more. However, a high school college counselor is probably serving 350-500 students. As a result, you may not be getting the kind of focused attention you need. In addition, your student has to show a lot of initiative themselves the get the most out of a high school counselor. The Private College Counselor You may, instead, choose to get help from a private college counselor, or college admissions consultant. A private counselor is focused only on your student an your family situation. You can expect a variety of services, including: Help finding a best-fit school for your student and family situation A personalized admission strategy to maximize the chance of success Helping your student stand out from the crowd in applications Help you choose between admission and financial aid offers This can make a big difference, especially if you’re aiming for a specific, high-profile school! Keep in mind, however, that admissions counseling is separate from financial counseling. What Financial Professionals are Available? Paying for college can be the biggest concern facing parents today. There are a variety of financial professionals who can make a big difference in your planning process. College Aid Consultants A college aid consultant will focus on helping you successfully navigate the FAFSA. The FAFSA is longer than a tax form and errors are common. These professionals comb your form – or fill it out for you – to ensure nothing is missed. Certified Financial Planner A certified financial planner can help you plan for college with your family’s larger financial picture in mind. Generally, working with a CFP should start when your children are younger, so you have enough time to maximize your options. Other Consultants There are a variety of other consultants who can help you with your financial needs. Some will specialize in scholarships, others in ferreting out truly affordable schools. Be sure that the person you choose to work with has been vetted and has good references. Don’t be shy about calling other families they’ve worked with! Do You Need Professionals to Help You? If you’re losing sleep over this whole college admissions and funding process, having a professional in your corner to help with college can make a big difference. Nervous about finding someone reputable? Don’t be! Our Road2College Pros Network is here to serve you. With our list of professionals with expertise in college funding, athletics, test prep, college admissions, essay writing, scholarships, career counseling, and more – you will be able to find help for what you’re looking for and need. Each professional has a profile, specific expertise, and contact information. You can rest easy knowing that the pro you choose will make this process much easier for you and your family! If you’re ready for some help with college, reach out to the Road2College Pros Network today! Check Out The Road2College Pros Network