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Convergence

AnalyticsTrade Team
AnalyticsTrade Team Last updated on 26 Apr 2023

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Convergence

Convergence is a term used to describe the process of two or more entities coming together to form a single entity. It is most commonly used in the financial world to describe the process of two or more markets, or two or more companies, coming together to form a single entity. It can also be used to describe the process of two or more technologies coming together to form a single technology. In the financial world, convergence is often used to describe the process of two or more markets coming together to form a single market.

History of Convergence

The concept of convergence has been around for centuries, but it was not until the late 19th century that the term was first used in the financial world. In the late 19th century, the term was used to describe the process of two or more markets coming together to form a single market. This process was seen as a way to increase efficiency and reduce costs. Since then, the concept of convergence has been used in many different contexts, including the process of two or more companies coming together to form a single entity.

Table of Comparisons

Market Company Technology
Two or more markets coming together to form a single market Two or more companies coming together to form a single entity Two or more technologies coming together to form a single technology

Summary

Convergence is a term used to describe the process of two or more entities coming together to form a single entity. It is most commonly used in the financial world to describe the process of two or more markets, or two or more companies, coming together to form a single entity. It can also be used to describe the process of two or more technologies coming together to form a single technology. For more information about convergence, you can visit websites such as Investopedia, The Balance, and Investing.com.

See Also

  • Mergers and Acquisitions
  • Synergy
  • Diversification
  • Monopolization
  • Competition
  • Innovation
  • Disruption
  • Collaboration
  • Integration
  • Globalization

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