The market value of top technical companies is almost five times greater than that of the top traditional companies in other industries. Paul Cuatrecasas argues that this market value represents the true power technical companies have in today’s economy, which gives them the flexibility they need to adapt to emerging trends. Legacy industries must ready themselves as technology encroaches on their core operations. Drawing on his extensive experience with mergers and acquisitions, Cuatrecasas adeptly outlines steps executives must take to acquire, and transform into, technology companies.

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