Hans Peter Bech - 5,460 Miles from Silicon Valley: The In-depth Case Study of What Became Microsofts First Billion Dollar Acquisition Outside the USA
Here you can read online Hans Peter Bech - 5,460 Miles from Silicon Valley: The In-depth Case Study of What Became Microsofts First Billion Dollar Acquisition Outside the USA full text of the book (entire story) in english for free. Download pdf and epub, get meaning, cover and reviews about this ebook. year: 2018, publisher: TBK Consult ApS, genre: Home and family. Description of the work, (preface) as well as reviews are available. Best literature library LitArk.com created for fans of good reading and offers a wide selection of genres:
Romance novel
Science fiction
Adventure
Detective
Science
History
Home and family
Prose
Art
Politics
Computer
Non-fiction
Religion
Business
Children
Humor
Choose a favorite category and find really read worthwhile books. Enjoy immersion in the world of imagination, feel the emotions of the characters or learn something new for yourself, make an fascinating discovery.
- Book:5,460 Miles from Silicon Valley: The In-depth Case Study of What Became Microsofts First Billion Dollar Acquisition Outside the USA
- Author:
- Publisher:TBK Consult ApS
- Genre:
- Year:2018
- Rating:4 / 5
- Favourites:Add to favourites
- Your mark:
5,460 Miles from Silicon Valley: The In-depth Case Study of What Became Microsofts First Billion Dollar Acquisition Outside the USA: summary, description and annotation
We offer to read an annotation, description, summary or preface (depends on what the author of the book "5,460 Miles from Silicon Valley: The In-depth Case Study of What Became Microsofts First Billion Dollar Acquisition Outside the USA" wrote himself). If you haven't found the necessary information about the book — write in the comments, we will try to find it.
Navision did just that!
When Microsoft took over in 2002, the total turnover of and around Navisions products was in the order of DKK 17 billion (USD 3.4B) and the entire ecosystem employed over 20,000 people.
5,460 Miles from Silicon Valley reveals the full story of two of Denmarks undisputed business successes from cradle to adolescence. It reveals an industry that is completely unpredictable, where strategies do not necessarily lead to success. But its also a tale of people, ambitions, and resourcefulness. How to pursue your dreams and build a successful business up from scratch in one of the smallest markets in the world.
With the price tag of USD 1.45 billion, Navision was Microsofts biggest acquisition to date.
5,460 Miles from Silicon Valley is a book primarily about Damgaard Data, a company set up in 1984 by two brothers, 23-year-old Erik and 21-year-old Preben Damgaard. Less than eight years later, the company had an annual turnover of USD 12.5 million and employed 100 people.
In 1994, with the objective of bringing the companys products onto the global market, IBM bought into Damgaard Data. This turned out to be a troublesome collaboration and in 1998, Erik and Preben bought out IBMs share of the business.
In October 1999, Damgaard Data was listed on the Copenhagen Stock Exchange and within three weeks, its value soared to nearly USD 1 billion. Unfortunately, the excitement was short lived. Only a few months later, at the beginning of December, a sudden drop in revenue sent the share price plunging.
The companys principal competitor, Navision Software, soon suffered a similar fate and the two companies decided to merge under the name Navision. The goal was to re-establish market trust by once again producing impressive growth and earning rates.
The strategy worked and in 2001 Microsoft called.
The book, more than 500 pages long, is a detailed account of the history of Damgaard Data and Navision Software. Based on more than 200 hours of interviews as well as on research into more than 1,000 internal and external sources, it is an in-depth analysis of the grit, perseverance and more than a little good luck necessary for entrepreneurial success.
Anyone, including those without a business background, interested in the corporate world or simply in a fascinating real-life story, is sure to enjoy this remarkable tale.
The book illustrates the conditions and challenges facing a company seeking growth and success in the worlds most turbulent sector. It reveals situations and describes episodes into which the general public has never previously been given insight. It contains many surprises and debunks several myths about what determines commercial success.
Hans Peter Bech: author's other books
Who wrote 5,460 Miles from Silicon Valley: The In-depth Case Study of What Became Microsofts First Billion Dollar Acquisition Outside the USA? Find out the surname, the name of the author of the book and a list of all author's works by series.