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研究生: 許琳琳
Lin-Lin Hsu
論文名稱: 企業併購:惠普併購Palm的個案研究
Mergers and Acquisitions: A case study of HP’s Acquisition of Palm
指導教授: 周子銓
Tzu-Chuan Chou
口試委員: 郭庭魁
Ting-Kuei Kuo
何秀青
Mei HC Ho
學位類別: 碩士
Master
系所名稱: 管理學院 - 管理學院MBA
School of Management International (MBA)
論文出版年: 2018
畢業學年度: 106
語文別: 英文
論文頁數: 61
中文關鍵詞: 商業策略企業併購危機管理組織重組
外文關鍵詞: Business Strategy, merger and acquisition, crisis management, cooperate restructure
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  • 此個案是探討2010年7月惠普收購Palm的併購案。個案中分析研究了兩家公司的歷史背景、二間公司當時商業處境、當時手機市場概況、惠普的併購動機以及惠普在併購後遭遇的各種變化及危機。


    This case is about the technology giant HP’s acquisition of Palm Inc in July 2010, and the series of business challenges HP experienced at the same time. It describes business difficulties faced in the booming smartphone industry and overall mobility industry environment from the background of two companies, which also examines in retrospect what motivated HP in this merger and the attempt at establishing itself among the market leaders.
    Furthermore, the study would trace Palm's footsteps in the mobile devices, platform competition and the circumstances which led to its take-over, followed by two companies’ merger, post-merger activities and the rapid changes in HP’s business strategy. Those strategic missteps truly ended the HP and Palm’s collaboration and brought numbers of challenges punching HP. In the end, HP failed to sustain its acumen and fell back in the race for market share in the growing smartphone segment of the mobile devices industry.

    ABSTRACT I ACKNOWLEDGEMENT II 致謝 IV TABLE OF CONTENTS V LIST OF TABLES AND FIGURES VII CHAPTER 1 CASE INTRODUCTION 1 1.1 Preview 1 1.2 The Decline of PC Business 2 1.2.1 Overall PC Environment 2 1.2.2 PC Makers’ Struggle 3 1.3 The Rise of Mobility Device Market 4 1.3.1 Marketing Report on Worldwide Sales of Mobility phones 4 1.3.2 Mobility Market Trends 5 1.3.3 Less Influence Driven by Hardware 6 1.3.4 Software Competition 6 1.3.5 Increased Applications 7 1.4 HP’s Acquisition of Palm 8 1.4.1 HP Introduction 8 1.4.2 Palm Introduction 10 1.4.3 Palm’s Decline 12 1.4.4 The Motivation of Acquisition 13 1.5 HP Corporate Restructuring 14 1.6 New Web-OS Product Introduction 16 1.7 After Merger 16 1.7.1 Web-OS Product Termination & The Future of HP PC 16 1.7.2 Overcome Crises 17 CHAPTER 2 CASE STUDY 19 2.1 Case Overview 20 2.2 Learning Objective and Appropriate Curriculum 21 2.3 Pre-Class Discussion Questions 24 2.4 Background & Character Introduction 25 2.5 Case Analysis 27 2.5.1 Teaching Objective 1: Discuss HP’s acquisition of Palm 28 2.5.2 Teaching Objective 2: Corporate Restructuring 36 2.5.3 Teaching Objective 3: Supply Chain Agility 40 2.5.4 Teaching Objective 4: Crisis management 44 2.6 Conclusion 49 CHAPTER 3 REFERENCE 50 3.1 English Reference 50 3.2 URL List 51

    1) Donald M. DePamphilis. (2015). Mergers, acquisitions, and other restructuring activities. Amsterdam, Academic Press.

    2) Zhang, Y., & Wang, S. (2013). Corporate restructuring and product market behaviour. Applied Financial Economics. 23, 7, 603-617, Apr. 2013. ISSN: 09603107.

    3) Bowers, M. R., Hall, J. R., & Srinivasan, M. M. (2017). Organizational culture and leadership style: The missing combination for selecting the right leader for effective crisis management. Business Horizons, 60551-563. doi: 10.1016/j.bushor.2017.04.001.

    4) Chipriyanov, M, & Chipriyanova, G. (2014). Business crisis management and its impact on the accounting policy of enterprises, Business Management / Biznes Upravlenie, vol. 24, no. 1, pp. 18-32.

    5) Lee, H. (2004). The triple-A supply chain”, Harvard Business Review, October, pp. 102-12.

    6) Menzer, J. and Moon, M. (2004), Understanding demand, Supply Chain Management Review, May/June, pp. 38-45.

    7) Bowers, M. R., et al. (2017). Organizational culture and leadership style: The missing combination for selecting the right leader for effective crisis management. Business Horizons 60: 551-563.

    8) Signori, A. and S. Vismara (2018). M&A synergies and trends in IPOs. Technological Forecasting and Social Change 127: 141-153.

    9) Teece, D., et al. (2016). Dynamic capabilities and organizational agility: Risk uncertainty, and strategy in the innovation economy. California Management Review 58(4): 13-35.

    10) Perera, Samudi, Soosay, Claudine & Sandhu, Sukhbir (2015). Strategies for agility in supply chains: a study of Australian manufacturers proceedings of the 13th ANZAM operations, Supply Chain and Services Management Symposium.

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