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Abstract
Mergers and acquisitions. The phrase conjures up negative associations: giant, unresponsive monopolies; market instability; reduced competition and higher prices. But mergers and acquisitions are not always the sign of an industry in trouble. They can be the natural outgrowth of a maturing industry. IS managers who stay apprised of potential changes in the software industry and integrate this information into their software buying decisions are in the best position to minimize risk in the wake of a merger.