strategic acquisition

Strategic acquisition refers to a business practice where a company purchases another company or its assets to enhance its strategic goals. This can involve gaining market share, accessing new technologies, expanding product lines, or entering new markets. The acquisition is planned to create synergies, improve competitiveness, and drive growth. Unlike a random purchase, a strategic acquisition is based on careful analysis to ensure that the benefits align with the acquiring company's long-term objectives. Ultimately, it's about making a calculated investment to strengthen the business's position in its industry.