Please respond to the following:Using the Internet, research acquisitions that are currently underway and choose one of these acquisitions to discuss. Based on the firms' characteristics and experiences and the reasons cited to support the acquisition, do you feel it will result in increased strategic competitiveness for the acquiring firm? Why or why not?Of the problems that affect the success of an acquisition, which one do you believe is the most critical in the global economy? Why? What should firms do to make certain that they do not experience such a problem when they use an acquisition strategy?Below are two peers discussion posts in which I’ll have to provide a response too. Travis Clarke RE: Week 6 DiscussionClass,The acquisition I have chosen to highlight is the upcoming Google and Fitbit. Google announced it is acquiring Fitbit for 2.1 billion dollars. The deal was scheduled this year, following all the relevant approvals. Being that Google has its wearable software platform called "Wear -OS". I think Google would be a perfect partner to advance the mission of Fitbit. With this platform, Fitbit will be able to accelerate innovation in the wearable category, scale faster, and make health even more accessible to everyone. This acquisition can help Google advance its ambitions for Wear OS because its software matchesA corporate merger pr acquisition can have profound effects on the prospects of growth on the long term outlook. An acquisition can change a company overnight and a significant degree of risk involved; as mergers and acquisitions, transactions overall are estimated only to have a 50% chance of success. Companies will buy or merge another company in the hopes of boosting the growth of their own or fend off competition. Still, the risk can be overpaying or the inability to integrate both companies into one. The capital structure, stock price, and future growth can be negatively affected during the process of an acquisition. I think firms should do their homework when acquiring an acquisition. Knowing more about what's happening and who the key players are in the acquisition will allow you to stay a step ahead. Jerome Payegar Hey Colleagues and Professor,The strategies above, that which is likely to benefit the firm is the strategy to strengthen its distribution channel, through acquisitions. Through acquisition, the firm will be able to have its products available to a large number of people. The large market will be reached, more people will be aware of the products and thus the sale revenue will be increased.Every company faces the inevitable challenge: stagnate or grow one of the fastest ways for small- and mid-size companies to expand is through acquisition. Purchasing another company can seem daunting but when done right, it can deliver outstanding rewards. Successful Acquisitions supplies the key information that business leaders need to know about finding and buying companies. Building and balancing an acquisition team it’s a formal approach but like at these few strategies below to strengthen our academic arguments; Valuation tips that look beyond the obvious the importance of “the seller's equation, by developing a negotiation platform. How to be tough and still protect the buyer-seller relationship guidelines for structuring an airtight deal, the letter of intent, due diligence, purchase agreement, funding, and other essentials, bringing the deal to a timely closeA 100-day plan for making integration a success it’s all here. From building the foundation to growing the relationships to cementing the deal, Successful Acquisitions is a complete road map to buying companies and achieving proactive strategic growth.See U Next Week