A relentless parade of new technologies is unfolding on many
fronts – one of which includes the M&A scene. While not
every emerging technology will alter a business' landscape,
certain technologies have the potential to disrupt the status quo,
alter the way companies operate and rearrange value pools. These
"disruptive technologies" can quickly displace
established systems and set new industry standards.
As an example, earlier this year, Toronto-Dominion Bank made
headlines for its acquisition of "Layer 6 AI", a start-up
company which uses artificial intelligence to analyze various forms
of data and anticipate an individual customer's needs. This
announcement came shortly after TD's investment in the KAI
Banking Chatbot. The Chatbot will be integrated into TD's
mobile banking app. Much like in the banking sector, as the pace of
technologically-driven change continues to accelerate, companies
across all industries will need to consider how to position
themselves in