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Nokia, a Finnish-based award-winning smartphone company, was acquired by Microsoft in 2013 for US$7.2 billion. In the context of M&A, synergy represents the incremental cash

Nokia, a Finnish-based award-winning smartphone company, was acquired by Microsoft in 2013 for US$7.2 billion. In the context of M&A, synergy represents the incremental cash flows generated by combining two businesses. Identify the potential synergies you believe could be realized in Googles acquisition of Nest and in Microsofts acquisition of Nokia. Speculate as to whether these acquisitions were successful or not. Please use the relevant literature discussed in the course when applicable to strengthen your arguments. Explain the rationale for your answer.

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