Combining forces - Behind the scenes of e2v's recent mergers and acquisitions
This paper takes a look at e2v Technology's experience of several mergers and acquisition over the years. It's experience has helped form e2v's strategy. Historically e2v was part of Marconi until a management buy out (MBO) in 2002 and the process of being sold by Marconi to 3i and subsequent exit through the initial public offering (IPO) and the resulting change from being part of a large corporate to existing as an individual company has meant that the board directors understand the issues involved in acquisitions from both sides. Our early experience of acquisitions included several small ones, while we were part of Marconi, before acquiring an automotive security business from Dynex.