|By Marketwired .||
|May 22, 2014 09:00 AM EDT||
CAMBRIDGE, MA -- (Marketwired) -- 05/22/14 -- For companies facing a "crisis of innovation," the promise of gaining complementary intellectual property, skills and technology through merger and acquisition (M&A) may seem like an attractive option. In reality it is fraught with risk. In a KPMG 2014 survey of more than 1000 M&A professionals, respondents cited these challenges to successful high-tech deals:
- Valuation disparity between buyers and sellers (51%)
- Limited inventory of suitable targets (24%)
- Difficulty in identifying suitable targets (23%)
- Problems with buyer/target alignment on post-deal execution strategy (19%)
So are strategic alliances a better option? How can small innovators and larger, more established firms work together to achieve mutually beneficial outcomes? What's the formula to ensure that the sum of the parts meets or exceeds the desired value of the whole?
On June 11, The MIT Enterprise Forum of Cambridge Innovation Series will host the session -- Innovation Series Event: Acquisition or Alliance--Which is Better? to explore these issues. Assembling a panel of entrepreneurs, venture capitalists, business consultants, and corporate acquirers who will examine and debate the merits of both approaches, the lineup includes:
Bernd Schoner, co-founder of ThingMagic (acquired by Trimble) and author of The Tech Entrepreneur's Survival Guide (McGraw-Hill, May 2014). Schoner will address a number of the topics from his recently published book, including raising money, assembling a team, and the development and protection of intellectual property.
Pedro Arboleda, director, strategy, Monitor Deloitte. Pedro counsels corporate clients on strategic options related to partnering with other firms, NGOs, and national governments and on market-entry strategy.
Gaye Bok, venture partner, Excel Venture Management. Gaye has more than 15 years of operating experience in business development, new product development, and strategic planning. She currently serves on the Board of Lantos Technologies.
Jonas Hellgren, entrepreneur and start-up advisor. Jonas is a senior executive with more than 20 years of experience building and growing high-tech companies, including developing partnerships and integrating companies after successful M&A transactions.
Andy Miller, chief innovation architect, Constant Contact. Andy served as CEO of CardStar, which Constant Contact acquired in 2012, where he was responsible for overall business development and strategic direction.
Andrew Paradise, CEO and founder, Skillz. Andrew is a serial entrepreneur. Prior to Skillz, he founded AisleBuyer, which was sold to Intuit in April 2012, and Photrade, which was sold in 2009 to MPA Inc.
Woody Benson (moderator), managing director, IoT Works; Executive in Residence, Bentley University; General Partner, Prism VentureWorks. A respected team leader, Woody created global channels for Lotus, ran all business operations at Shiva, and served as CEO of MCK Communications.
Date: June 11, 2014
Time: 5:30 - 8:00 p.m.
Location: MIT EG&G Education Center
50 Vassar Street, Cambridge
To Register: http://www.mitforumcambridge.org/events/acquisition-vs-alliance/#register
The event is sponsored by WilmerHale.
About The MIT Enterprise Forum of Cambridge
The MIT Enterprise Forum of Cambridge is the founding chapter and 1 of 27 worldwide chapters comprising the MIT Enterprise Forum, Inc. Offering more than 40 programs and events annually that inspire innovation, MIT Enterprise Forum of Cambridge initiatives facilitate critical one-on-one mentoring while providing team services that increase the skills and expertise necessary for entrepreneurs to succeed.
Shannon Todesca (for MIT Enterprise Forum of Cambridge)
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Dec. 9, 2016 06:15 PM EST Reads: 1,759
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Dec. 9, 2016 05:30 PM EST Reads: 2,362
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Dec. 9, 2016 05:30 PM EST Reads: 440
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Dec. 9, 2016 05:15 PM EST Reads: 1,883
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Dec. 9, 2016 05:15 PM EST Reads: 1,459
"MathFreeOn.com is a line coding platform for engineers and scientists. When they want to solve an engineering problem and they have to use software - they have to pay a lot of money for licenses - but with MathFreeOn you don't have to pay a lot of money. Just go to our site and write the code and you can check the result right away," explained Simon Lee, CMO of MathFreeOn, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Cla...
Dec. 9, 2016 05:15 PM EST Reads: 378
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
Dec. 9, 2016 05:00 PM EST Reads: 2,057
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Dec. 9, 2016 04:45 PM EST Reads: 1,861
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Dec. 9, 2016 04:45 PM EST Reads: 1,290
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
Dec. 9, 2016 03:45 PM EST Reads: 586
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 9, 2016 03:30 PM EST Reads: 1,232
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 9, 2016 03:15 PM EST Reads: 863
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Dec. 9, 2016 03:15 PM EST Reads: 980
Infrastructure is widely available, but who’s managing inbound/outbound traffic? Data is created, stored, and managed online – who is protecting it and how? In his session at 19th Cloud Expo, Jaeson Yoo, SVP of Business Development at Penta Security Systems Inc., discussed how to keep any and all infrastructure clean, safe, and efficient by monitoring and filtering all malicious HTTP/HTTPS traffic at the OSI Layer 7. Stop attacks and web intruders before they can enter your network.
Dec. 9, 2016 03:00 PM EST Reads: 386
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Dec. 9, 2016 03:00 PM EST Reads: 2,013