True, many aqusitions fail...but sometimes they work...you get either some technology, or some good people, or both...and in the worst case the execs have something to do ;-)...so they can justify their high salaries!
This is just the start of a consolidation that has been needed for some time.
In the U.S. our private equity, Wall Street and hungry execs drive this sort of thing to create Broadcoms and Qualcomms. It will be a Harvard Busienss review case study some day to see how well or poorly China's less capitalistic machinery performs on this task.
The Other Tesla David Blaza5 comments I find myself going to Kickstarter and Indiegogo on a regular basis these days because they have become real innovation marketplaces. As far as I'm concerned, this is where a lot of cool ...