FINANCE ASSIGNMENT.

Finance Assignment.

Introduction

The joint venture selected for this paper is one that took place between IFM and EMF. This joint venture is of particular importance as it brought various strategically changes in the IFM and EMF including the increase in share and restructuring of the products. Rarely in history, did an attempt to joint venture find numerous obstacles faced as Hewlett Packard and EMF in the past years, since when they announced the operation. The skepticism that was generated around this process costed Carleton Fiorina and Michael Capellas, president of both companies, long hours of presentations and lectures to convince investors to approve the plan. After many challenges, Hewlett Packard, a global company with revenues of U.S. $ 87,000 million, a presence in nearly 160 countries and nearly 145,000 employees, became a world leader in information technology, products, services and solutions for organizations.

Performance of the Collaborative Project against Objectives

1.Identifying that the profit is the best measure of the contribution of company to the society and the source of corporate strength,

2.To ensure the continuous improvement in the value of the services and products offered to customers.

3.To provide employment opportunities including the share in the company's success

4.To emphasize growth as a requirement for survival.

Almost $ 26.000 billion was the amount put to IFM EMF for a swap with the company who runs Michael Capellas. The goal: to get the corporate office of Carleton Fiorina sounded continue in his reinvention, regaining market share to one of its main competitors. However, both companies had similar statistics before the merger because, according to research eSemanal at press time, EMF had layoffs 8.500, while IFM had reached 9,000. With respect to the value that each firm had so far in the stock market, the company that runs Fiorina worth $ 173.000 million while EMF has a value of $ 166.000 million. These are the main factors that go about the recent announcement of intent to acquire EMF IFM in a deal in which IFM will exchange 0.63 of its shares for each share of the Texas firm. It should be noted that in Friday, August 31, the value of IFM shares closed at $ 23.21 dollars, while EMF was at $ 12.35, considering these values are lower for each firm over 52 weeks.

Portal is why the recent decision of both firms are welcomed because, first, if it is true that the firm headed by Carlos Guzman in Mexico tends to be strict with your channel and your product does not allow any wholesale move or distributor. On the other hand, you may now server technology, computers, printers and mobile devices conform to EMF IFM decide on the fly, with the intention of recovering market. By acquiring EMF, IFM takes a prominent place on the server market, with 37% market share. This strong presence is a unparalleled entry point to redevelop the business integration services. However, the game is far from over. A merger of this size takes time, costs a lot of money and does not ...