IT-based Value Creation in Serial Acquisitions

Stefan Henningsson, Philip Yetton

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

    Abstract

    The extant research on post-acquisition IT integration analyzes how acquirers realize IT-based value in individual acquisitions. However, serial acquirers make 60% of acquisitions. These acquisitions are not isolated events, but are components in growth-by-acquisition programs. To explain how serial acquirers realize IT-based value, we integrate and model the findings on individual acquisitions from the extant literature, and extend that model to explain the effects of sequential acquisitions in a growth-by-acquisition strategy. This extended model, drawing on the Resource-Based Theory of strategy, comprises seven propositions that affect post-acquisition IT integration. The model proposes that successful acquisitions are contingent on the acquirer’s IT capabilities, business and IT alignment, and infrastructure scalability. We begin the process of validating this model by investigating a longitudinal case study of a growth-by-acquisition program.
    The extant research on post-acquisition IT integration analyzes how acquirers realize IT-based value in individual acquisitions. However, serial acquirers make 60% of acquisitions. These acquisitions are not isolated events, but are components in growth-by-acquisition programs. To explain how serial acquirers realize IT-based value, we integrate and model the findings on individual acquisitions from the extant literature, and extend that model to explain the effects of sequential acquisitions in a growth-by-acquisition strategy. This extended model, drawing on the Resource-Based Theory of strategy, comprises seven propositions that affect post-acquisition IT integration. The model proposes that successful acquisitions are contingent on the acquirer’s IT capabilities, business and IT alignment, and infrastructure scalability. We begin the process of validating this model by investigating a longitudinal case study of a growth-by-acquisition program.
    LanguageEnglish
    Title of host publicationProceedings of the 13th Annual European Academy of Management : European Academy of Management 2013
    Number of pages41
    Place of PublicationIstanbul
    PublisherEuropean Academy of Management
    Date2013
    ISBN (Print)9789758400355
    StatePublished - 2013
    EventThe 13th European Academy of Management Conference (EURAM) 2013 - Istanbul Congress Centre, Istanbul, Turkey
    Duration: 26 Jun 201329 Jun 2013
    Conference number: 13
    http://www.euram2013.com

    Conference

    ConferenceThe 13th European Academy of Management Conference (EURAM) 2013
    Number13
    LocationIstanbul Congress Centre
    CountryTurkey
    CityIstanbul
    Period26/06/201329/06/2013
    Internet address

    Keywords

      Cite this

      Henningsson, S., & Yetton, P. (2013). IT-based Value Creation in Serial Acquisitions. In Proceedings of the 13th Annual European Academy of Management: European Academy of Management 2013 Istanbul: European Academy of Management .
      Henningsson, Stefan ; Yetton, Philip. / IT-based Value Creation in Serial Acquisitions. Proceedings of the 13th Annual European Academy of Management: European Academy of Management 2013. Istanbul : European Academy of Management , 2013.
      @inproceedings{2027502268b84d679521e818abd6c773,
      title = "IT-based Value Creation in Serial Acquisitions",
      abstract = "The extant research on post-acquisition IT integration analyzes how acquirers realize IT-based value in individual acquisitions. However, serial acquirers make 60{\%} of acquisitions. These acquisitions are not isolated events, but are components in growth-by-acquisition programs. To explain how serial acquirers realize IT-based value, we integrate and model the findings on individual acquisitions from the extant literature, and extend that model to explain the effects of sequential acquisitions in a growth-by-acquisition strategy. This extended model, drawing on the Resource-Based Theory of strategy, comprises seven propositions that affect post-acquisition IT integration. The model proposes that successful acquisitions are contingent on the acquirer’s IT capabilities, business and IT alignment, and infrastructure scalability. We begin the process of validating this model by investigating a longitudinal case study of a growth-by-acquisition program.",
      keywords = "Serial acquisitions , Resource-based theory, IT integration, acquisition program",
      author = "Stefan Henningsson and Philip Yetton",
      year = "2013",
      language = "English",
      isbn = "9789758400355",
      booktitle = "Proceedings of the 13th Annual European Academy of Management",
      publisher = "European Academy of Management",

      }

      Henningsson, S & Yetton, P 2013, IT-based Value Creation in Serial Acquisitions. in Proceedings of the 13th Annual European Academy of Management: European Academy of Management 2013. European Academy of Management , Istanbul, Istanbul, Turkey, 26/06/2013.

      IT-based Value Creation in Serial Acquisitions. / Henningsson, Stefan; Yetton, Philip.

      Proceedings of the 13th Annual European Academy of Management: European Academy of Management 2013. Istanbul : European Academy of Management , 2013.

      Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

      TY - GEN

      T1 - IT-based Value Creation in Serial Acquisitions

      AU - Henningsson,Stefan

      AU - Yetton,Philip

      PY - 2013

      Y1 - 2013

      N2 - The extant research on post-acquisition IT integration analyzes how acquirers realize IT-based value in individual acquisitions. However, serial acquirers make 60% of acquisitions. These acquisitions are not isolated events, but are components in growth-by-acquisition programs. To explain how serial acquirers realize IT-based value, we integrate and model the findings on individual acquisitions from the extant literature, and extend that model to explain the effects of sequential acquisitions in a growth-by-acquisition strategy. This extended model, drawing on the Resource-Based Theory of strategy, comprises seven propositions that affect post-acquisition IT integration. The model proposes that successful acquisitions are contingent on the acquirer’s IT capabilities, business and IT alignment, and infrastructure scalability. We begin the process of validating this model by investigating a longitudinal case study of a growth-by-acquisition program.

      AB - The extant research on post-acquisition IT integration analyzes how acquirers realize IT-based value in individual acquisitions. However, serial acquirers make 60% of acquisitions. These acquisitions are not isolated events, but are components in growth-by-acquisition programs. To explain how serial acquirers realize IT-based value, we integrate and model the findings on individual acquisitions from the extant literature, and extend that model to explain the effects of sequential acquisitions in a growth-by-acquisition strategy. This extended model, drawing on the Resource-Based Theory of strategy, comprises seven propositions that affect post-acquisition IT integration. The model proposes that successful acquisitions are contingent on the acquirer’s IT capabilities, business and IT alignment, and infrastructure scalability. We begin the process of validating this model by investigating a longitudinal case study of a growth-by-acquisition program.

      KW - Serial acquisitions

      KW - Resource-based theory

      KW - IT integration

      KW - acquisition program

      M3 - Article in proceedings

      SN - 9789758400355

      BT - Proceedings of the 13th Annual European Academy of Management

      PB - European Academy of Management

      CY - Istanbul

      ER -

      Henningsson S, Yetton P. IT-based Value Creation in Serial Acquisitions. In Proceedings of the 13th Annual European Academy of Management: European Academy of Management 2013. Istanbul: European Academy of Management . 2013.