Merging tech means merging ideas
On this blog, we've discussed the challenges of unifying technology following a merger or acquisition. Indeed, after a merger is closed is when much of the real work of combining the operations begins. Here are some of the ways companies can successfully address inconsistencies in technology following an M&A deal:
Keep what works. When two or more companies come together, there can be a clash of strong IT opinions. Every idea or system that once governed operations for one of the companies can't survive under the same corporate umbrella. However, some of the framework the merged company inherits might be useful in unifying the collective parts. Keep your eyes open for the solutions that provide the least difficulty during the transition.
Ditch the least viable systems. There may be nothing wrong with a particular system of operation or communication. It just might not make sense when IT decision makers scale it to a bigger, more diverse application. Part of remaining open to possibilities is acknowledging that some ways of doing business need to fall by the wayside.
Use collective talent to brainstorm new ways. Some of the IT solutions decision makers at a a merged company find don't come from existing systems. The unique and specific needs of a corporation don't meet with those of isolated startups, so innovation is necessary. The good news is, the corporation has likely inherited strong technological minds from both organizations, so put that brain power to good use.
Contact us today to learn more about the benefit of working with an experienced M&A advisor to navigate a merger or acquisition. Our experts can help your company find, negotiate and sign a deal that satisfies your growth objectives and long-term goals.