A popular joint venture that works

Evidence of a successful joint venture is everywhere in our economy. Look at the newspaper. Look at it in the news. Find it on billboards and advertisements. The most popular JVs have had a major impact on our society, economy and technological development.

In the United States and most developed countries in the world where governments have great influence and regulation on mergers and acquisitions, companies are a great way for joint ventures to join forces without strict government oversight. I think there is. Below are some examples of joint ventures and some of the results we see almost every day.

Joint venture between Sony and Ericsson

Sony, a major electronic equipment company in Japan, has been a major manufacturer of home appliances such as audio, video, and communications for decades. In addition to its established manufacturing epidemic, Sony has a global marketing advantage in all its products, including film and music recordings. Despite having all the marketing expertise, building a marketing relationship required innovative technology experts.

Enter Swedish technical expert Ericsson. Ericsson specializes in developing innovative telecommunications equipment for mobile networks. In 2001, Sony and Ericsson collaborated on a 50-50 joint venture, now known worldwide as Sony Ericsson, to develop and establish the most attractive and dominant innovative brand in the mobile phone industry. .. Their successful joint venture has resulted in the development, manufacture and marketing of some of the best handheld mobile phones available today.

Verizon and Vodafone JV Endeavor

And will you continue the mobile communications industry you’ve never seen a good guy ask? Can you hear me now? What about Verizon Wireless? Verizon Communications was a leading distributor of broadband and other wireless communications products. In 2000, they wanted to enter the mobile wireless network provider industry and found a partner for European wireless giant Vodafone.

Vodafone is the world’s leading international mobile communications group, providing wireless services to hundreds of millions of customers. They were able to enter the North American market through a strategic joint venture with Verizon Communications. Combining Verizon’s mobile phone, PCS, and paging assets with Vodafone’s wireless communications technology and marketing, these are now the most reliable in the United States. And the largest wireless network.

Mazda and Ford joint venture

Ford Motor Company had a parts casting center in Flatlock, Michigan. Mazda saw the opportunity to buy and rebuild a factory to start production of cars. After Mazda succeeded in the MX-6 model and produced Ford’s own probe model, Ford partnered with Mazda in 1992 to form a joint venture, Auto Alliance International. Since then, Mazda has produced some of the major car models, including: Ford Kuga Line, Ford Mustang, Mazda 6.

These are just a few of the most visibly and popular joint ventures in North America and the world. These joint ventures are jumping into large-scale, international business and marketing, but even small business owners can learn from them. Combining capital, technology, and marketing savvy is just one of the ways business owners and entrepreneurs create joint ventures. There are virtually no restrictions on how two or more companies can combine to form a joint venture, leveraging their creativity and experience in business.

Copyright (c) 2009 Christian Fea