The effect of mergers and acquisitions on the technological performance of companies in a high-tech environment

A large part of the literature from industrial organisation and management expects that, with unrelated M&As, related M&As show superior economic performance of synergetic effects that follow from economies of scale and scope. The current takes the debate on the effect of different M&As somewhat further by studying effect of M&As on the technological performance of companies. In this study the performance of M&As is related to a high-tech sector, i.e. the computer. The main result of this research is that the so called strategic and organisational fit between companies involved in M&As seem to play an important role in improving the performance of companies