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Defying conventional approaches to external growth, symbiotic acquisitions open up a new era in innovation and value creation. This type of external growth, far from simply bringing together similar assets (cost synergies), relies on the unprecedented combination of complementary resources to create joint innovation.These acquisitions are therefore bold, innovative responses to emerging market challenges. They require a profound rethinking of the partners' strategic paradigms, paving the way for the acquisition of new skills and the redefinition of business models.However, navigating the waters of symbiosis is not without its challenges. Intense tensions can emerge, oscillating between strategic control and functional autonomy, the exploitation of existing resources and the exploration of new territories.This book guides you through the complex maze of symbiotic acquisitions, shedding light on their intentions, challenges and disruptive potential in an ever-changing business world