Qian Zhang

Tao Jiang

Chonggang Wang

Compared with other wireless communication technologies, such as Bluetooth, WiFi, and UWB, ZigBee is a far more reliable, affordable, and energy-efficient option. It is also the only global wireless communication standard for easily deployed, low-power consumption products.ZigBee Network Protocols and Applications provides detailed descriptions of

ZigBee Network Protocols and Applications

Graduate School, Communication

Implementing an "ENMU Summer in China" Study Abroad Program

Improving ENMU Students' Intercultural Communication Competence

Jun Wang

Tengfei Zhang

Shripad T. Revankar

Ding She

Reactor Physics: Methods and Applications

Qiyuan Wang

Siwatt Pongpiachan

Jianhuai Ye

Hongmei Xu

Lang Liu

Atmospheric Air Pollution and Its Environmental and Health Effects

IBM Redbooks

John Taylor

Chris Rayns

Yun Peng Ge

George Burgess

Scott Clee

Tom Grieve

Guo Qiang Li

Derek Wen

NOTE: This book contains information about technologies that have been superseded and it is retained for historical purposes only. IBM CICS Transaction Server (CICS TS) has supported the deployment of Java applications since the 1990's. In CICS TS V1.3 (1999), IBM introduced the 'Pooled JVM' style of JVM infrastructure within CICS TS. This infrastructure was designed to be similar in nature to that which a CICS application developer for a language such as COBOL would be used to. It brought the benefits of the new Java language to CICS TS, without a dramatic change to the way CICS users thought of core concepts such as re-entrancy and isolation. As enterprise usage of Java evolved it began to make more and more use of multi-threaded environments where isolation was not a desired characteristic. Additionally, technologies such as OSGi (Open Service Gateway Initiative) evolved to overcome some of the original disadvantages of applying Java to an enterprise environment. As such, the limitations of the 'Pooled JVM' approach began to outweigh the benefits. In CICS TS V4.1 (2009), IBM introduced the new 'JVM server' infrastructure in CICS TS as a replacement to the 'Pooled JVM' approach. This 'JVM server' infrastructure provides a much more standard Java environment that makes the writing and porting of Java applications for CICS TS much simpler. In CICS TS V5.1 (2012), support for the old 'Pooled JVM' infrastructure was removed. While there is a relatively simple migration path from 'Pooled JVM' to 'JVM server', applications should no longer be written to the 'Pooled JVM' infrastructure. There are a number of more recent IBM Redbooks publications covering the replacement 'JVM server' technology, including: IBM CICS and the JVM server: Developing and Deploying Java Applications, SG24-8038 A Software Architect's guide to New Java Workloads in IBM CICS Transaction Server, SG24-8225

ARCHIVED: Pooled JVM in CICS Transaction Server

This study investigates the rationale behind acquisitions through tender offers by examining unsuccessful tender offers from 1985 to 2010. Four hypotheses are tested: information, synergy, agency and hubris. The study follows the approach in Bradley, Desai and Kim (1983) (BDK) and builds on their analysis by implementing the recent methodological advances in long run analysis. The proportion of unsuccessful acquisitions has declined significantly from 20 percent in 1985 to 5 percent in 2010. Contrary to the evidence presented in BDK, the results support both the information and synergy hypotheses. The study also examines correlations among target gain, total gain and acquirer gain to differentiate between synergy, agency and hubris hypotheses. The results suggest that, in addition to synergy, agency considerations have become increasingly important in explaining the unsuccessful acquisitions via tender offers in our sample period. We find no evidence in support of the hubris hypothesis. Cross-sectional analysis shows that the intensity of M&A activity in the target's industry, pre-announcement price run-up in the target, firm size, and absence of a poison pill provision increase the likelihood of unsuccessful targets being acquired within 5 years of the initial bid. Additionally, this study also finds by comparing unsuccessful initial bidders to their counterpart winning rival bidders that, bidders of larger size, more growth opportunities, and bidders in unrelated industries to that of the target and in less active M&A industries, are more likely to succeed in acquiring the target.

An Empirical Examination of the Rationale for Tender Offers

Qian Zhang

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