New Venture Research, E. J. McKay partner to develop China Solutions.New Venture Research (NVR NVR Never NVR Network Video Recorder NVR Novgorod (Russia) NVR Naval Vessel Register (US Navy) NVR Nene Valley Railway (UK) NVR Non Volatile Residue NVR Non-Volatile RAM , Nevada City, CA, www.newventureresearch.com), a U.S. market research and business development firm in the electronics industry, announced a joint venture with E. J. McKay & Co. (Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. , China, www.ejmckay.com), a corporate strategy and mergers and acquisitions (M&A) advisory group, to assist original equipment manufacturers (OEMs) and contract manufacturers (CMs) in developing China solutions. Given the strong interest in outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. manufacturing production to China today, the two firms will assist electronics companies in identifying Chinese partners, acquisition targets and joint ventures. The companies indicate that the China Solutions program provides services in search, qualification, due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and transaction execution of mergers and acquisitions, joint ventures, greenfield Greenfield, town (1990 pop. 18,666), seat of Franklin co., NW Mass., at the confluence of the Deerfield and Green rivers, near their junction with the Connecticut; settled 1686, set off from Deerfield and inc. 1753. and other forms of vehicles. The program assists electronics companies through three critical stages: providing critical strategic business intelligence; assistance in identifying/choosing suitable Chinese business partners; and advising and facilitating the execution of M&A transaction. |
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