In recent years, with the emergence of tablet personal computers and smartphones, information technology enterprises in Taiwan have achieved a low profit margin and have experienced competitive pressure. To arrest its decline, Taiwan’s information technology industry (ITI) must develop new products and employ different operating strategies. The merger and acquisition (M&A) strategy is one useful strategy for the growth and expansion of businesses. Many researchers have demonstrated that M&As can help enterprises build or maintain their advantageous position in the industrial life cycle. Therefore, M&As constitute an enterprise growth strategy that facilitates controllability and the most rapid growth on a business scale. In this study, we present a novel framework for evaluating M&A strategies and provide detailed computation examinations of the proposed framework, and real cases were used for the analyses. The results were consistent with those based on the proposed model. Crucially, the proposed model provides decision makers or administrators in the ITI with valuable references related to M&A or investment strategies, rendering it highly applicable for academic and management purposes.
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