Acquisition: meaning, definitions and examples

This term is often used in a business or legal context to denote the act of obtaining control of a company, asset, or skill. It's formal and can refer to both objects and abstract concepts.

• The company's latest acquisition of a tech startup will help enhance its digital capabilities.
• The acquisition of new skills ensured his career progression.

A common and general term used to describe the act of buying something. It can be used in everyday conversations as well as in business transactions.

• She made a purchase at the grocery store.
• Their latest purchase includes some new office furniture.

Used specifically in a business or financial context, a takeover refers to the act of gaining control of another company. It often has a slightly negative connotation, indicating an aggressive or unwanted acquisition.

• The hostile takeover of the company caused a lot of unrest among its employees.
• They plan a friendly takeover by offering a fair price for the shares.

Primarily used in formal or business settings, procurement refers specifically to the process of obtaining goods or services, often for business or government use. It involves the steps taken to acquire these goods or services efficiently and legally.

• The procurement of medical supplies during the pandemic was a critical task.
• The procurement department is responsible for sourcing the raw materials for the factory.

Typically used in business or formal settings to describe the act of obtaining control of something like a company or asset through purchase or other means.

• The company's recent acquisition of a smaller competitor has increased its market share

Used in general contexts to describe getting something, particularly when it involves some effort or formal process.

• She had trouble obtaining a visa to travel abroad

Can be used in various situations to indicate the process of obtaining something, often with an emphasis on the effort involved.

• She is acquiring new skills to improve her career prospects

Often used to describe obtaining something that builds up over time, such as knowledge, experience, or weight. It can also indicate earning respect or trust.

• He is gaining valuable experience through his internship

Use 'acquisition' when a company obtains another company or asset through purchase or other means. It's often used in business and legal contexts.

• The company's acquisition of its competitor helped to increase its market share.
• The acquisition of new technology has significantly improved our production process.

Use 'merger' when two companies combine to form a new entity. This term indicates a more collaborative or mutual agreement between the companies involved.

• The merger between the two tech companies created a new industry powerhouse.
• Shareholders approved the merger, believing it would bring long-term benefits.

Use 'takeover' when one company gains control of another, often without the consent of the target company's management. The term usually has a more aggressive connotation.

• The hostile takeover bid surprised everyone in the industry.
• After the takeover, the new management made several strategic changes.

Use 'buyout' when one company, individual, or entity purchases a controlling interest in another company or asset, often implying the buyer now has control over the business.

• The executive team agreed to a buyout, allowing them to manage the company independently.
• After the buyout of the startup, the new owners implemented significant changes.