China is buying up American companies fast
China is buying up American companies fast, and it's freaking people out - Business Insider
Wow - A Chinese company is going to buy Ingram Micro! Total deals announced this year are $81 Billion dollars. The previous period was $11 Billion. Ingram Micro is part of Ingram Industries, which includes Ingram Content Group. I wonder if this would be part of the deal? Ingram is the largest book distributor in the US, but Amazon has taken away a lot of their business.
Some questions:
Wow - A Chinese company is going to buy Ingram Micro! Total deals announced this year are $81 Billion dollars. The previous period was $11 Billion. Ingram Micro is part of Ingram Industries, which includes Ingram Content Group. I wonder if this would be part of the deal? Ingram is the largest book distributor in the US, but Amazon has taken away a lot of their business.
Some questions:
- So what has changed? Why are Chinese companies buying more businesses outside of China?
- Why is the Chinese government supporting this?
- Can Chinese companies successfully manage a non-Chinese workforce? In the US, the Japanese bought a lot of US companies and often this was a failure. Culture is a huge issue when doing a successful acquisition. Cisco is one of the few companies I know that has been successful in acquisitions.
Labels: amazon, Chinese Culture, Ingram, made in china