A Case Study of Baidu's Wholly-owned Acquisition of xPerception

Abstract

With the development of economic globalization, more and more enterprises in the world begin to adopt cross-border m&a as their main means of international operation. On April 13, 2017, Baidu wholly-owned xPerception, an American artificial intelligence company, to further strengthen its hardware and software capabilities in the field of visual perception, enabling AR, autonomous driving and other core businesses, which is an important step to speed up the productization of artificial intelligence technology. The acquisition is mainly for Baidu to accelerate the industrialization of ARTIFICIAL intelligence business matrix including AR, autonomous driving and robot, and gain strategic resources and other advantages, but at the same time, it also faces many risks in capital and culture. Based on baidu company wholly owned buying American xPerception as an example, from the company of the current situation and existing problems of transnational merger and acquisition, respectively introduces the acquirers company and acquired American company xPerception an overview of the artificial intelligence, and then analyzes the reason of the acquisition and risk, and finally summarizes the result of the acquisition, has carried on the corresponding summary to acquisition, evaluation and reflection, aims to provide reference for other enterprises transnational mergers and acquisitions in the future.