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Strategy and product

Synergy

The extra value supposedly created when two teams, products or companies combine, so the whole is worth more than the parts. Often used to justify mergers, and often code for cutting duplicate jobs.

You'll hear it as

There are real synergies between the two platforms.

Why it matters to you.

When you hear "synergies" after a merger or acquisition, expect overlapping teams to be combined.

Related terms.

Videos.

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