TY - SER AU - Ngo Duc Vu AU - Venkatesh,Sundar AU - Sunuta Siengthai, AU - Singha Chiamsiri, ED - AIT Fellowship, ED - Government of French, TI - Mergers and acquisitions inthe high-tech industries: the case of Pacific Century Cyberwork (PCCW) and Cable & Wireless HKT T2 - Research studies project report PY - 2004/// CY - Pathum Thani, Thailand PB - Asian Institute of Technology KW - High technology industries KW - Consolidation and merger of corporations N1 - A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management; Research Studies Project Report (M. BA.) - Asian Institute of Technology, 2004 N2 - The year 2000 is the highest breakeven of M&A activities in Asia since 1995 by achieving 187 billion US $ in which more than 100 billion is value of high-tech deals mostly in telecommunication, elech·onic and semi-conductor industries. The high-tech M&As accelerated in 2000 which is the year where there was an Internet boom as well as market boom especially NASDAQ index. The research will reveal what factors driving high-tech M&A activities in Asia recent years. Understanding reality of how high-tech M&As affect combined firm's performance will help to draw some critical success factors and lessons learnt for managers. The research also focuses on examining post-acquisition performance of Pacific Century CyberWork (PCCW) who took over Cable & Wireless Hong Kong Telecommunication in 2000. The deal was the biggest one in 2000 presenting around $37.4 billion US $. Interestingly, PCCW who is an Internet company did acquire a target film having turnover 186 times higher than that of PCCW before the deal. Results of the case study are expected to give more evidences for findings in previous studies on high-tech mergers as well as for observations which are done in the research UR - http://203.159.5.9/ait-thesis/detail.php?q=B09575 ER -