Exit Strategy

From Concept to Exit - Roadmap for Startups
Yossi Dashti, Business Applications, Broadcom Corporation
Key works: M&A, IPO, Exit Strategy, Startup, Integration

In Harvard Business Review article, Not All M&As are Alike-And That Matters, Professor Joseph L. Bower shares the results of his M&A activity study sponsored by HBS: Acquisitions occur for five reasons:
• To deal with overcapacity through consolidation in mature industries
• To roll-up competitors in geographically fragmented industries
• To extend into new products or markets
• As a substitute for R&D
• To exploit eroding industry boundaries by inventing an industry

Conference note:

Roadmap for Startups - Between IPO and M&A
In this session, Yossi Dashti, Director at Introtech, San Diego, California, will share knowledge and experience gained during management of IPO and M&A activities at AST Computer, Western Digital Corporation, and Broadcom Corporation.
Managing the integration between AST Computer, The California based PC manufacturer founded in 1980, and Tandy Corporation as a result of AST acquiring Tandy in 1993. Positioning AST to be acquired by Samsung Electronics in 1997. In 1999, Beny Alagem, co-founder of Packard Bell, purchased the AST name and intellectual property rights for a new PC hardware venture.