Friday, May 3, 2019

Merger, Acquisition, and International Strategies Research Paper - 4

Merger, Acquisition, and internationalist Strategies - Research Paper ExampleCurrently, Nokia focuses on developing telecommunications infrastructures on a large scale, provision of online part services, and the development of mobile communication technologies (Slater, 2004). Nokia also played a great role in bring to the development of the mobile phone industry in the early divisions of 2000 (Park, 2014). The company played a role in developing GSM standards, and for a considerable period of time, Nokia was one of the largest producers and sellers of mobile phone products, in the world. Nokia also entered the Smartphone industry, and this is with its platform referred to as Symbian.However, the dominance of this company, in the Smartphone industry was challenged by the emergence of Apples. This is through the production of its Android devices, and its iPhones. Furthermore, because of steamed competition from companies such as Samsung, Alcatel, etc, the market share of Nokia wa s beginning to fall, and it see a series of losses (Park, 2014). Microsoft on the other had is an American company, that specializes in the development of computer software system. The main office of Nokia is in Redmond, the state of Washington. The company is able to develop, manufacture and sale personal computer gadgets, consumer electronics, and computer software (Slater, 2004). However, because of stiff competition from Apples, the company has also experienced a reduction in its market shares.Because of this stiff competition emanating from Apples, Nokia sought a strategic partner, who could aid it, in the development of electronic and computer gadgets, that could help it achieve a competitive advantage over Apples and other companies such as Samsung. In the year 2011, Microsoft was able to enter into a pact with Nokia. Park (2014) explains that the method which Microsoft used in entering into a partnership with Nokia was through an acquisition. In 2013, the chief executive of Microsoft was

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