👉 Mergence is a concept in business and technology that refers to the process of two or more companies merging or integrating into each other. This can take many forms, such as through acquisitions, joint ventures, mergers, or partnerships. Mergers are often used by businesses looking to expand their market reach, acquire valuable assets, or gain new customers. Joint ventures involve two companies working together in a shared venture, while mergers and acquisitions involve the merging of two or more companies into one entity