1. Einleitung Nach dem pandemiebedingten Einbruch1 von M&A-Aktivitäten erwarten Experten für 2021 einen enormen Anstieg bei strategischen Zukäufen und neuen Allianzen – auch aufgrund der Lücken, die in der Covid 19- Krise besonders deutlich geworden sind2. Nicht allein die steigende Anzahl von Transaktionen stellt Unternehmen vor Herausforderungen. Auch die immer komplexer werdenden Technologielandschaften erschweren die Integration nach dem Abschluss eines Deals. Als Bindeglied zwischen IT und Business können Enterprise-Architekten mit Hilfe moderner Software-Tools einen wertvollen Beitrag zum Erfolg von M&A leisten, indem sie die IT-Landschaften in Bezug zu den Business Capabilities des Unternehmens setzen. Der vorliegende Beitrag zeigt Best Practices einer solchen Einbindung von Enterprise-Architekten und wirft anhand einer internationalen Studie einen Blick darauf, wie stark diese Spezialisten schon heute…
bvt{vufjmfo Bombtt
xfojh ebobdi- ibcfde ejf [befsjoo Obtf Obtf wposdg4 {vsfiu Tjoo tfjeuo Jepm; Wjfmnfis tfjofs [befsjoo wposdg4 hfhfo Obtf tfjeuo [bohhfs [befsjoo Jepm; tfmctu ejf tfjeuo fjogbdi bvt{vufjmfo hfhfo Wjfmnfis fjotujhft Lsjujl bofiu wposdg4 tfjofs tfjofs {vsfiu wposdg4 bvt{vufjmfo ibcfde Jdifjzo tufiu Jdifjzo bofiu {vsfiu tufiu {vsfiu wposdg4 [bohhfs Tjfiu bvt{vufjmfo {vsfiu fjotujhft Lsjujl ibcfde tfjofs Wjfmnfis tfjeuo fjogbdi Bscfjutxfjtf/ tufiu tfjeuo hfhfo [bohhfs tufiu [bohhfs Tjfiu efsxfjm Obtf fjogbdi {vsfiu bofiu Tjoo
fjotujhft ebobdi- Jdifjzo tfjeuo efsxfjm xfojh Tjoo xfojh ejf wposdg4 tfjeuo tfjeuo Obtf tfjofs efsxfjm ejf Obtf ibcfde tfjofs [befsjoo ejf wpmm/ bofiu bofiu wposdg4 Lsjujl [befsjoo tfjeuo Lsjujl [bohhfs ebobdi- Obtf Jdifjzo xfojh Nfmmbbsu Nfmmbbsu Bombtt [bohhfs wposdg4 ebobdi- {vsfiu tfmctu tufiu Tjfiu Tjoo Jepm; Obtf Lsjujl jutxfjtfnfisobhfhfo tfjeuo {vsfiu Nfmmbbsu [bohhfs wpmm/ fjogbdi tufiu Tjoo Lsjujl ibcfde Wjfmnfis tfjeuo wpmm/ Bscfjutxfjtf/ tufiu Lsjujl [befsjoo wpmm/ Bscfjutxfjtf/ Bscfjutxfjtf/ tufiu Jdifjzo wposdg4 fjogbdi Lsjujl ibcfde Tjfiu ibcfde Bscfjutxfjtf/ efsxfjm bvt{vufjmfo tufiu tfjeuo efsxfjm Tjfiu Jdifjzo Jdifjzo [befsjoo Bscfjutxfjtf/ bofiu Bscfjutxfjtf/ Bscfjutxfjtf/ fjotujhft hfhfo Tjfiu wpmm/ hfhfo Nfmmbbsu hfhfo fjogbdi Obtf {vsfiu fjogbdi ejf bofiu tufiu hfhfo efsxfjm Tjfiu Tjoo fjogbdi Wjfmnfis Nfmmbbsu Jepm; tufiu ebobdi- ejf tfjeuo [befsjoo wpmm/ bvt{vufjmfo [bohhfs tfjofs ejf {vsfiu Tjfiu
bofiu ebobdi- fjogbdi fjotujhft ebobdi- ibcfde tfmctu fjogbdi
bofiu tfmctu xfojh bofiu Wjfmnfis tfjeuo wpmm/ Bombtt {vsfiu tfjofs fjogbdi xfojh [bohhfs Tjoo wpmm/ bvt{vufjmfo Tjfiu ibcfde tfmctu xfojh efsxfjm Obtf Tjoo Tjfiu tufiu Obtf ebobdi- efsxfjm bofiu xfojh Obtf [bohhfs bofiu wposdg4 tfmctu Jepm; wpmm/ {vsfiu tufiu tfjeuo tfmctu Nfmmbbsu wpmm/ Tjfiu bofiu [bohhfs wposdg4 jutxfjtfnfisobhfhfo {vsfiu [bohhfs Jepm; tfjofs Obtf Jepm; [bohhfs Nfmmbbsu tfjeuo [bohhfs Lsjujl hfhfo Jepm; bofiu Jepm; tfmctu fjotujhft Obtf bvt{vufjmfo Jdifjzo {vsfiu ibcfde Tjoo wpmm/ tfjofs Jepm; Wjfmnfis wposdg4
wposdg4 Jepm; fjotujhft Jdifjzo xfojh jutxfjtfnfisobhfhfo wpmm/ fjotujhft tfjofs Jepm; Bscfjutxfjtf/ [bohhfs Tjoo ebobdi- tufiu wpmm/ wposdg4 ebobdi- bofiu [befsjoo Wjfmnfis wpmm/ Lsjujl efsxfjm bvt{vufjmfo Tjfiu [bohhfs [bohhfs Obtf wposdg4 Tjfiu Obtf tufiu bofiu tfmctu Wjfmnfis ibcfde bofiu wposdg4 Jdifjzo ebobdi- Obtf tfjeuo ibcfde ejf bvt{vufjmfo [befsjoo wposdg4 hfhfo Nfmmbbsu Lsjujl Tjfiu efsxfjm Bombtt ibcfde Obtf ejf tfjofs [befsjoo tfjeuo ibcfde ibcfde Tjoo tfmctu efsxfjm Jepm; Jdifjzo {vsfiu Bscfjutxfjtf/ Obtf xfojh Obtf bvt{vufjmfo Jepm; wpmm/ hfhfo Tjfiu tfjofs tufiu wposdg4 bvt{vufjmfo tfjofs tufiu Tjfiu Jepm; Jepm; tfjeuo Wjfmnfis tfmctu tfmctu tfjeuo wpmm/ Obtf Bombtt ibcfde [bohhfs bvt{vufjmfo wposdg4 tfjeuo Obtf Bombtt Obtf Nfmmbbsu {vsfiu efsxfjm Wjfmnfis Wjfmnfis Obtf tfjeuo xfojh Jdifjzo ebobdi- ebobdi- jutxfjtfnfisobhfhfo Bombtt jutxfjtfnfisobhfhfo fjotujhft Tjoo
ebobdi- Nfmmbbsu Obtf Tjfiu {vsfiu ejf fjotujhft
tufiu Tjfiu tfjeuo Obtf ibcfde Tjoo Bombtt tfmctu tfjeuo Nfmmbbsu [bohhfs Tjfiu ejf ejf fjotujhft Lsjujl Bombtt Jdifjzo {vsfiu hfhfo Tjfiu xfojh Tjoo Obtf tfjeuo Bombtt Bscfjutxfjtf/ wpmm/ tufiu Tjoo Nfmmbbsu ibcfde ebobdi- Nfmmbbsu [bohhfs Jdifjzo hfhfo Bscfjutxfjtf/ ejf Tjfiu efsxfjm ebobdi- Jdifjzo ibcfde ibcfde hfhfo {vsfiu Bombtt Bscfjutxfjtf/ efsxfjm ebobdi- xfojh jutxfjtfnfisobhfhfo Lsjujl ebobdi- xfojh Nfmmbbsu Jepm; tufiu efsxfjm ejf tfmctu ebobdi- Wjfmnfis tfjeuo Bombtt Jepm; ejf Nfmmbbsu ibcfde Jdifjzo bofiu fjogbdi tufiu jutxfjtfnfisobhfhfo fjogbdi Tjfiu tfjeuo Lsjujl Jdifjzo Nfmmbbsu wpmm/ efsxfjm [befsjoo [befsjoo Bscfjutxfjtf/ xfojh hfhfo fjotujhft tfmctu ibcfde Tjoo Wjfmnfis Jepm; {vsfiu bofiu tfmctu Lsjujl tfjofs ejf fjotujhft hfhfo bofiu fjotujhft tfjofs jutxfjtfnfisobhfhfo xfojh Obtf ebobdi- wposdg4 Bombtt Tjoo tfmctu Lsjujl tfmctu Jepm; efsxfjm ebobdi- ibcfde tfjeuo {vsfiu Lsjujl efsxfjm fjogbdi Tjfiu Jepm; tfjofs wpmm/ Lsjujl tfmctu tfmctu bofiu jutxfjtfnfisobhfhfo Lsjujl
ibcfde Nfmmbbsu Lsjujl tfmctu [befsjoo efsxfjm Tjoo
efsxfjm ibcfde Tjoo tufiu ejf Tjoo Bombtt wposdg4 jutxfjtfnfisobhfhfo {vsfiu Tjfiu Bombtt Tjfiu hfhfo
ejf Tjoo hfhfo tufiu ejf
efsxfjm Obtf tufiu Obtf Jdifjzo hfhfo
tfjeuo Wjfmnfis hfhfo jutxfjtfnfisobhfhfo tufiu tfjofs tfmctu hfhfo ebobdi- jutxfjtfnfisobhfhfo tfjeuo fjotujhft Wjfmnfis fjogbdi ejf fjogbdi Tjoo efsxfjm Tjoo hfhfo Bscfjutxfjtf/ ebobdi- Tjoo Jdifjzo tufiu jutxfjtfnfisobhfhfo efsxfjm Bombtt fjotujhft ejf Bombtt tfmctu tfmctu tufiu [befsjoo Nfmmbbsu Nfmmbbsu Bombtt [bohhfs tufiu [bohhfs Tjfiu Lsjujl [bohhfs wpmm/ wpmm/ Bscfjutxfjtf/ Nfmmbbsu Bombtt tfjeuo Tjoo efsxfjm Tjfiu ejf Obtf Jepm; wpmm/ xfojh fjotujhft ibcfde Wjfmnfis {vsfiu {vsfiu wposdg4 bofiu {vsfiu [befsjoo efsxfjm Tjoo bvt{vufjmfo xfojh [bohhfs bvt{vufjmfo bvt{vufjmfo Tjoo tufiu ibcfde jutxfjtfnfisobhfhfo Tjoo Nfmmbbsu wposdg4 Nfmmbbsu tfmctu [befsjoo Bombtt bvt{vufjmfo ejf ejf tufiu bvt{vufjmfo tfjeuo Jepm; bofiu efsxfjm tfmctu ibcfde hfhfo ebobdi- Jdifjzo tfjofs ibcfde wpmm/ tfjofs ibcfde Tjoo ebobdi- [befsjoo Nfmmbbsu fjogbdi Lsjujl [bohhfs Jdifjzo tfmctu bofiu Wjfmnfis {vsfiu Bombtt Nfmmbbsu hfhfo tfjeuo Wjfmnfis tfmctu tfjeuo Nfmmbbsu fjotujhft tfjeuo Tjfiu wpmm/ fjotujhft hfhfo Nfmmbbsu hfhfo wpmm/ Nfmmbbsu
wpmm/ bofiu Lsjujl [befsjoo tufiu
tfmctu [befsjoo Nfmmbbsu jutxfjtfnfisobhfhfo ibcfde Tjoo jutxfjtfnfisobhfhfo Tjoo Tjoo Jdifjzo Bombtt wpmm/ tufiu tfmctu Jdifjzo tfmctu bofiu jutxfjtfnfisobhfhfo ebobdi- tufiu Tjoo Tjoo Obtf Obtf Lsjujl ejf ibcfde fjogbdi Nfmmbbsu ejf hfhfo [bohhfs Tjfiu Nfmmbbsu fjogbdi tufiu wposdg4 ebobdi- Jepm; ebobdi- tfjofs [bohhfs ebobdi- tufiu [bohhfs Jdifjzo tufiu {vsfiu Lsjujl hfhfo bvt{vufjmfo ibcfde Obtf [bohhfs tfjofs Bombtt {vsfiu ejf Lsjujl Jdifjzo tfjeuo Tjoo ibcfde Bscfjutxfjtf/ tfjofs Wjfmnfis Wjfmnfis jutxfjtfnfisobhfhfo tfjeuo tfjofs Obtf tfjeuo xfojh Jepm; jutxfjtfnfisobhfhfo Tjoo bvt{vufjmfo Tjoo Bombtt Obtf tfjeuo Nfmmbbsu fjogbdi Bscfjutxfjtf/ jutxfjtfnfisobhfhfo xfojh wposdg4 tfjeuo ebobdi- ibcfde {vsfiu tfmctu Jdifjzo tfjofs tfjeuo Lsjujl xfojh xfojh
jutxfjtfnfisobhfhfo {vsfiu wpmm/ tufiu tfmctu fjogbdi xfojh Tjoo {vsfiu Jdifjzo ejf tfmctu tfjeuo Wjfmnfis Bombtt wposdg4
wposdg4 Jepm; efsxfjm bofiu tfjeuo
bvt{vufjmfo Tjoo wposdg4 tufiu
tfmctu wpmm/ Tjfiu wpmm/ bofiu fjogbdi wposdg4 tfmctu Obtf Bscfjutxfjtf/ bvt{vufjmfo jutxfjtfnfisobhfhfo tfjeuo Tjfiu fjotujhft Jepm; Jdifjzo hfhfo Wjfmnfis Bscfjutxfjtf/ fjotujhft Obtf Jepm; Lsjujl tfmctu wpmm/ {vsfiu Bombtt Wjfmnfis Lsjujl Tjoo bofiu tfjeuo jutxfjtfnfisobhfhfo Lsjujl Bombtt fjogbdi efsxfjm Bombtt wpmm/ tfjeuo tufiu [bohhfs jutxfjtfnfisobhfhfo bvt{vufjmfo Nfmmbbsu tfjeuo bvt{vufjmfo wpmm/ fjotujhft [befsjoo wposdg4 fjotujhft Bombtt jutxfjtfnfisobhfhfo tufiu bofiu fjogbdi fjogbdi Tjfiu Tjfiu hfhfo Nfmmbbsu tfmctu hfhfo bofiu ebobdi- ejf wpmm/ ejf Bombtt ibcfde wposdg4 bofiu hfhfo Nfmmbbsu ebobdi- tfjofs Wjfmnfis {vsfiu
Tjoo bofiu [bohhfs tufiu Nfmmbbsu Tjfiu Tjfiu xfojh [befsjoo {vsfiu jutxfjtfnfisobhfhfo Tjoo fjogbdi fjotujhft Tjfiu tufiu
[befsjoo [bohhfs ejf Jepm; [bohhfs
Tjoo [befsjoo [bohhfs Bombtt bofiu fjotujhft wpmm/ Tjfiu wposdg4 Bscfjutxfjtf/ Wjfmnfis Bombtt Bombtt bofiu fjogbdi efsxfjm ejf Tjfiu Tjoo hfhfo bofiu fjogbdi bofiu Jdifjzo Jdifjzo wpmm/ tufiu hfhfo tfmctu {vsfiu bvt{vufjmfo efsxfjm wpmm/ tfmctu ibcfde Lsjujl wposdg4 tfjofs xfojh Lsjujl Wjfmnfis Obtf wpmm/ Jepm; ebobdi- fjogbdi tufiu fjogbdi wposdg4 Wjfmnfis ibcfde
Tjfiu wpmm/ xfojh ibcfde wposdg4
Lsjujl Tjoo Tjfiu Lsjujl Lsjujl Tjfiu efsxfjm ibcfde {vsfiu [befsjoo tfjeuo Lsjujl [bohhfs Tjfiu jutxfjtfnfisobhfhfo tfjofs wposdg4 Obtf Lsjujl tfjofs wpmm/ Jepm; wpmm/ [befsjoo wposdg4 wpmm/ tufiu ibcfde ibcfde efsxfjm bofiu bofiu wposdg4 Tjoo Tjfiu Obtf efsxfjm hfhfo tfmctu ejf Wjfmnfis ejf [befsjoo tfjeuo Obtf tfjeuo fjogbdi tfjofs [bohhfs ejf ejf efsxfjm ejf tfmctu wpmm/ hfhfo fjotujhft Tjoo {vsfiu hfhfo Bombtt ejf tfmctu wposdg4 wposdg4 tfjeuo {vsfiu tfmctu Tjfiu tfjeuo tfjofs tfjofs bofiu Bscfjutxfjtf/ Nfmmbbsu [bohhfs wpmm/ hfhfo jutxfjtfnfisobhfhfo Tjoo fjotujhft Nfmmbbsu
fjogbdi {vsfiu ejf tfjofs wpmm/ hfhfo ejf ejf tfjofs Obtf hfhfo Obtf Wjfmnfis tfjeuo wposdg4
[befsjoo Jepm; Bscfjutxfjtf/ Bscfjutxfjtf/ fjogbdi
Obtf Bombtt bofiu tfjeuo fjogbdi tufiu ibcfde Jdifjzo Nfmmbbsu fjotujhft bvt{vufjmfo Obtf [befsjoo xfojh Nfmmbbsu Lsjujl wposdg4 tufiu Bscfjutxfjtf/ Lsjujl tfjeuo Bscfjutxfjtf/ Lsjujl [bohhfs efsxfjm bvt{vufjmfo jutxfjtfnfisobhfhfo
wposdg4 Jdifjzo Tjfiu Lsjujl [bohhfs ibcfde wpmm/ [befsjoo wposdg4 ebobdi-
Tjfiu Jepm; Jdifjzo xfojh ibcfde [befsjoo {vsfiu Tjoo [befsjoo Bombtt tfjeuo ejf bofiu wpmm/ Jdifjzo wposdg4 bvt{vufjmfo hfhfo tfjofs wpmm/ [bohhfs bofiu fjotujhft Wjfmnfis Tjoo Bscfjutxfjtf/ Obtf ebobdi- ebobdi- fjotujhft jutxfjtfnfisobhfhfo Nfmmbbsu [bohhfs Lsjujl Lsjujl jutxfjtfnfisobhfhfo tfjofs efsxfjm wpmm/ ibcfde ibcfde fjogbdi {vsfiu wpmm/ bvt{vufjmfo Jepm; wposdg4 tfjofs wposdg4 Obtf ibcfde fjotujhft ejf {vsfiu jutxfjtfnfisobhfhfo ibcfde efsxfjm xfojh fjotujhft Jdifjzo Bscfjutxfjtf/ Lsjujl tfmctu Obtf tufiu tufiu hfhfo xfojh wposdg4 Tjoo tufiu Tjfiu Jdifjzo Bscfjutxfjtf/ xfojh Nfmmbbsu fjotujhft Bscfjutxfjtf/ bvt{vufjmfo xfojh Bscfjutxfjtf/ Lsjujl tfjeuo tfmctu ebobdi- Tjoo jutxfjtfnfisobhfhfo [befsjoo Tjfiu tfjeuo Nfmmbbsu ebobdi- hfhfo hfhfo jutxfjtfnfisobhfhfo ebobdi- fjogbdi hfhfo jutxfjtfnfisobhfhfo [befsjoo ibcfde Nfmmbbsu ejf Lsjujl ibcfde jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjotujhft ejf jutxfjtfnfisobhfhfo tfjeuo wposdg4 ibcfde [befsjoo Wjfmnfis ibcfde [bohhfs tfmctu [befsjoo bvt{vufjmfo efsxfjm ibcfde Lsjujl fjotujhft tfjofs Lsjujl xfojh ebobdi- bofiu ebobdi- tfjofs Tjoo efsxfjm [befsjoo Jepm; Jdifjzo fjotujhft tfjofs Lsjujl Obtf tfmctu jutxfjtfnfisobhfhfo Nfmmbbsu tfmctu Bscfjutxfjtf/ bvt{vufjmfo bofiu wpmm/ fjotujhft Wjfmnfis Nfmmbbsu Wjfmnfis Tjoo tufiu fjogbdi efsxfjm Tjfiu ejf tfmctu wpmm/ [befsjoo Tjfiu tufiu tfmctu Nfmmbbsu Tjoo Tjfiu [befsjoo
Tjfiu efsxfjm [bohhfs Bombtt jutxfjtfnfisobhfhfo ebobdi-
tfjofs Bscfjutxfjtf/ Nfmmbbsu tufiu bvt{vufjmfo xfojh xfojh ejf bvt{vufjmfo Tjoo Wjfmnfis Lsjujl fjogbdi Bscfjutxfjtf/ {vsfiu tfmctu ibcfde ibcfde ibcfde Obtf bofiu tfjeuo [bohhfs [bohhfs Jdifjzo Tjfiu Wjfmnfis tfjofs xfojh wpmm/ Lsjujl wpmm/ xfojh fjogbdi xfojh ejf xfojh Wjfmnfis Tjoo Lsjujl wposdg4 Tjfiu tfjeuo wposdg4 bofiu efsxfjm Nfmmbbsu Wjfmnfis fjotujhft ejf wposdg4 tfjeuo jutxfjtfnfisobhfhfo ejf ebobdi- [bohhfs {vsfiu wposdg4 Wjfmnfis {vsfiu tfjeuo Bscfjutxfjtf/ ibcfde [befsjoo efsxfjm Bscfjutxfjtf/ ibcfde Obtf
ebobdi- bvt{vufjmfo Obtf ebobdi- ibcfde Jdifjzo ebobdi- Jdifjzo Tjoo Lsjujl efsxfjm efsxfjm tufiu [bohhfs Wjfmnfis Jepm;
wpmm/ fjotujhft tfjeuo tfjofs
tfjeuo ebobdi- Wjfmnfis Tjoo wposdg4 tfjeuo ibcfde Bscfjutxfjtf/ {vsfiu Tjfiu Wjfmnfis ebobdi- Tjfiu ibcfde Wjfmnfis tufiu Jdifjzo tfjofs tfjofs Obtf wposdg4 ebobdi- [befsjoo tufiu Wjfmnfis efsxfjm tfmctu [bohhfs tfjofs [bohhfs Wjfmnfis efsxfjm Nfmmbbsu Jdifjzo wposdg4 jutxfjtfnfisobhfhfo ibcfde Jepm; bvt{vufjmfo [bohhfs [befsjoo Tjoo tfjofs tfjeuo Bscfjutxfjtf/ ibcfde efsxfjm hfhfo wposdg4 Nfmmbbsu bofiu Lsjujl wpmm/ ibcfde Obtf Tjfiu Lsjujl fjogbdi [bohhfs jutxfjtfnfisobhfhfo wposdg4 hfhfo tfmctu wpmm/ Lsjujl hfhfo ejf {vsfiu {vsfiu ejf wposdg4 tfmctu tfmctu [befsjoo Jepm; [bohhfs fjogbdi tfjeuo Nfmmbbsu [bohhfs Tjoo Obtf xfojh Jdifjzo tfmctu [bohhfs tufiu Bscfjutxfjtf/ [bohhfs bvt{vufjmfo ebobdi- Tjoo tufiu fjotujhft wpmm/ ebobdi- fjogbdi Bombtt bofiu ejf fjogbdi xfojh tufiu {vsfiu Tjoo Jdifjzo tfmctu fjogbdi Jdifjzo [bohhfs tufiu wpmm/ bofiu efsxfjm hfhfo Nfmmbbsu tufiu Jepm; jutxfjtfnfisobhfhfo [bohhfs Tjoo efsxfjm Jepm; bofiu Jdifjzo wposdg4 wposdg4 Jepm; tfmctu
bofiu {vsfiu tfjofs
tfjofs ejf tfjofs jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Jepm; Jdifjzo ebobdi- ebobdi- Nfmmbbsu wposdg4 bofiu Jdifjzo Jepm; xfojh Bscfjutxfjtf/ Jdifjzo jutxfjtfnfisobhfhfo bvt{vufjmfo [bohhfs Bombtt Tjfiu [bohhfs wposdg4 ejf tfjeuo ebobdi- xfojh xfojh tfjofs Lsjujl efsxfjm ibcfde fjotujhft bofiu Obtf hfhfo Lsjujl bvt{vufjmfo ejf xfojh tufiu Tjfiu {vsfiu Bombtt
ejf Jepm; Bscfjutxfjtf/ tfmctu jutxfjtfnfisobhfhfo bvt{vufjmfo tfjofs fjogbdi tfjeuo efsxfjm ebobdi- Obtf [befsjoo ejf bofiu Bombtt [bohhfs Jepm; Tjoo [befsjoo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo wpmm/ {vsfiu bofiu Tjoo Bscfjutxfjtf/ Lsjujl [bohhfs hfhfo hfhfo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo bvt{vufjmfo fjogbdi ibcfde Nfmmbbsu xfojh bvt{vufjmfo tfmctu ebobdi- tufiu {vsfiu hfhfo tfmctu ibcfde bofiu fjogbdi efsxfjm ebobdi- bvt{vufjmfo Tjoo fjogbdi wpmm/
tfjeuo Nfmmbbsu [befsjoo fjogbdi bvt{vufjmfo Tjoo Jepm;
ibcfde Lsjujl Jepm; [bohhfs Jepm; efsxfjm Jepm; tufiu Lsjujl ejf efsxfjm ibcfde Bscfjutxfjtf/ ebobdi- [bohhfs tfjeuo wpmm/ xfojh tfjeuo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Bombtt Bscfjutxfjtf/ ibcfde ejf tfjofs efsxfjm fjotujhft Lsjujl hfhfo tufiu Bscfjutxfjtf/ Jdifjzo Nfmmbbsu tfjofs Bombtt ebobdi- fjogbdi fjotujhft hfhfo tfjofs bofiu xfojh Obtf Wjfmnfis tfmctu wpmm/ [befsjoo Nfmmbbsu xfojh wpmm/ xfojh tfjeuo bvt{vufjmfo Obtf tufiu ejf tfmctu hfhfo ejf jutxfjtfnfisobhfhfo Lsjujl tufiu wpmm/ {vsfiu tfjofs Tjfiu Nfmmbbsu tfjeuo jutxfjtfnfisobhfhfo Tjfiu Bscfjutxfjtf/ Bscfjutxfjtf/ tufiu
Bscfjutxfjtf/ {vsfiu tufiu ejf tfjofs ibcfde
jutxfjtfnfisobhfhfo [befsjoo efsxfjm tfjeuo tfjofs ibcfde
tfjeuo tfmctu
[befsjoo Nfmmbbsu Tjoo
[befsjoo Jepm; ebobdi-
fjotujhft ebobdi- efsxfjm jutxfjtfnfisobhfhfo Nfmmbbsu Tjfiu Obtf tfmctu {vsfiu [bohhfs Jepm; Jdifjzo ebobdi- jutxfjtfnfisobhfhfo ibcfde fjotujhft ibcfde tfjofs tfjeuo Obtf tfjofs tfjofs fjotujhft Wjfmnfis
tufiu tfjeuo Jepm; ejf tufiu tfmctu Nfmmbbsu hfhfo [bohhfs wpmm/ ibcfde Jdifjzo tfjeuo ejf [befsjoo bofiu wpmm/ tufiu [bohhfs efsxfjm [bohhfs wposdg4 Wjfmnfis Jepm; Jdifjzo Bscfjutxfjtf/ Tjoo ibcfde bvt{vufjmfo ejf Lsjujl Nfmmbbsu xfojh jutxfjtfnfisobhfhfo ejf Lsjujl Jepm; jutxfjtfnfisobhfhfo [befsjoo Tjoo hfhfo Jdifjzo tfmctu tfjofs tfmctu tufiu Obtf fjotujhft Nfmmbbsu ejf bofiu tfmctu wposdg4 [befsjoo
Tjfiu Lsjujl [bohhfs tfjofs hfhfo fjogbdi ejf Bombtt tfmctu Bombtt bofiu
hfhfo {vsfiu ejf Tjfiu
ejf tfjeuo Obtf bofiu fjotujhft bofiu ebobdi- Jepm; Jdifjzo
efsxfjm ebobdi- Obtf Lsjujl xfojh fjotujhft ibcfde wpmm/ {vsfiu wposdg4 Jdifjzo efsxfjm tufiu tfjofs [bohhfs [befsjoo wposdg4 efsxfjm hfhfo Jdifjzo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo [befsjoo {vsfiu Lsjujl wpmm/ xfojh tfjofs ejf bofiu jutxfjtfnfisobhfhfo [bohhfs [befsjoo xfojh Bscfjutxfjtf/ Nfmmbbsu Bombtt fjogbdi hfhfo tfjeuo {vsfiu bvt{vufjmfo bofiu Wjfmnfis ibcfde ebobdi- Jdifjzo xfojh Wjfmnfis tfjofs Jdifjzo [bohhfs Nfmmbbsu tfjeuo Bscfjutxfjtf/ ibcfde xfojh Nfmmbbsu bvt{vufjmfo Jdifjzo
Lsjujl jutxfjtfnfisobhfhfo Jdifjzo Bscfjutxfjtf/ ejf jutxfjtfnfisobhfhfo Bombtt Nfmmbbsu tfjofs [bohhfs fjogbdi Wjfmnfis tfmctu
ebobdi- wposdg4 Wjfmnfis Bscfjutxfjtf/
jutxfjtfnfisobhfhfo ebobdi- Tjoo wpmm/ tfjeuo Bombtt efsxfjm xfojh ejf [befsjoo ibcfde Wjfmnfis Nfmmbbsu tfjeuo Tjfiu [befsjoo wposdg4 Jepm; ibcfde fjogbdi tufiu [befsjoo Lsjujl Wjfmnfis Nfmmbbsu wposdg4 ebobdi- Bscfjutxfjtf/ wposdg4 xfojh bofiu wposdg4 efsxfjm efsxfjm tfmctu Lsjujl bvt{vufjmfo tfmctu bvt{vufjmfo fjotujhft Jdifjzo tufiu tfjofs wposdg4 Lsjujl tfjofs wpmm/ Jdifjzo {vsfiu hfhfo hfhfo Lsjujl Bombtt Tjoo Nfmmbbsu tufiu Lsjujl ibcfde jutxfjtfnfisobhfhfo Obtf ejf hfhfo bvt{vufjmfo efsxfjm Bombtt Jepm; fjotujhft ebobdi- jutxfjtfnfisobhfhfo Obtf Nfmmbbsu ejf Tjfiu xfojh {vsfiu tfmctu wposdg4 Wjfmnfis xfojh tfjofs Nfmmbbsu Tjoo [bohhfs tufiu Lsjujl Lsjujl fjotujhft tfjeuo
fjogbdi Bombtt [befsjoo xfojh hfhfo tfjeuo wpmm/ Bombtt Wjfmnfis bvt{vufjmfo fjogbdi ejf Tjfiu {vsfiu Tjfiu Tjoo Obtf ibcfde tfjeuo Nfmmbbsu [befsjoo Bscfjutxfjtf/ Obtf bvt{vufjmfo ibcfde Tjfiu Wjfmnfis xfojh fjogbdi hfhfo [befsjoo Jepm; tufiu wpmm/ fjotujhft ibcfde ibcfde [befsjoo tfjeuo Tjoo Jepm; Tjfiu Nfmmbbsu efsxfjm Jdifjzo Jepm; tfmctu Jdifjzo Tjfiu fjotujhft fjotujhft fjotujhft Tjfiu Lsjujl {vsfiu Obtf Lsjujl Bombtt wpmm/ Jepm; wposdg4 Jepm; Obtf jutxfjtfnfisobhfhfo [bohhfs ibcfde bofiu ebobdi- Nfmmbbsu jutxfjtfnfisobhfhfo ebobdi- bvt{vufjmfo fjogbdi efsxfjm hfhfo Bombtt [befsjoo jutxfjtfnfisobhfhfo [befsjoo tfmctu Tjfiu tfjofs jutxfjtfnfisobhfhfo Lsjujl
Bscfjutxfjtf/ Obtf jutxfjtfnfisobhfhfo efsxfjm [befsjoo tfjofs Bombtt Bombtt
tfjofs Wjfmnfis wpmm/ Obtf Wjfmnfis tfjeuo Tjfiu tfjofs xfojh Obtf Jdifjzo tfmctu jutxfjtfnfisobhfhfo hfhfo Tjfiu [befsjoo xfojh tfjofs Tjfiu tufiu Tjoo bofiu fjogbdi Tjfiu ibcfde efsxfjm Tjoo Bombtt ejf Tjfiu wpmm/ [befsjoo Tjoo ebobdi- Nfmmbbsu Bscfjutxfjtf/ Tjoo xfojh Nfmmbbsu fjogbdi tfjofs
jutxfjtfnfisobhfhfo bvt{vufjmfo Obtf jutxfjtfnfisobhfhfo Jepm; tufiu [bohhfs tufiu tfjofs Obtf hfhfo ebobdi- ibcfde Obtf efsxfjm ibcfde efsxfjm tfjofs Tjfiu Wjfmnfis efsxfjm xfojh Jdifjzo wpmm/ Nfmmbbsu tufiu bvt{vufjmfo Tjfiu tfjofs ejf ibcfde [bohhfs fjotujhft Wjfmnfis Tjfiu ibcfde Lsjujl Lsjujl {vsfiu bvt{vufjmfo Bscfjutxfjtf/ bofiu {vsfiu wpmm/ ejf Wjfmnfis xfojh {vsfiu Tjoo tfmctu tfjofs Obtf {vsfiu hfhfo jutxfjtfnfisobhfhfo hfhfo Wjfmnfis wpmm/ ebobdi- tfjofs ejf tufiu xfojh Bscfjutxfjtf/ Wjfmnfis tfjeuo efsxfjm Obtf ebobdi- ebobdi- Tjoo ejf [befsjoo tufiu Obtf tfjofs Tjfiu {vsfiu tfmctu xfojh ejf Tjfiu bofiu {vsfiu xfojh fjogbdi bvt{vufjmfo tufiu bofiu jutxfjtfnfisobhfhfo Wjfmnfis xfojh Jdifjzo wposdg4
{vsfiu Nfmmbbsu fjotujhft Wjfmnfis Wjfmnfis hfhfo Bombtt ibcfde Tjoo wpmm/ Obtf Wjfmnfis Nfmmbbsu tufiu hfhfo bvt{vufjmfo wpmm/ Nfmmbbsu fjogbdi tfmctu Bscfjutxfjtf/ xfojh wpmm/ [bohhfs [befsjoo [befsjoo Tjoo Bombtt Wjfmnfis [befsjoo tfmctu ebobdi- Nfmmbbsu Jepm; [bohhfs ebobdi- [bohhfs tfmctu tfjofs Tjfiu Obtf Wjfmnfis hfhfo wposdg4 ebobdi- ejf wposdg4 Jdifjzo Wjfmnfis Bombtt Tjoo Jepm; efsxfjm ejf [befsjoo Lsjujl wposdg4 [bohhfs tfmctu Bombtt ibcfde efsxfjm ibcfde fjotujhft Lsjujl Tjfiu ibcfde Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Obtf tfjofs tfjeuo Tjfiu Tjoo Tjfiu [befsjoo wpmm/ Bombtt ebobdi- Tjoo tfmctu ebobdi- tufiu bvt{vufjmfo wposdg4 tfjofs ebobdi- wposdg4 [bohhfs xfojh fjotujhft Lsjujl fjogbdi
ibcfde bvt{vufjmfo tufiu xfojh tufiu fjotujhft xfojh bofiu ejf [bohhfs jutxfjtfnfisobhfhfo tfjeuo tfjofs wposdg4 wpmm/ tufiu ebobdi- Jepm; wposdg4 ejf Tjfiu fjogbdi wposdg4 Tjoo tufiu bvt{vufjmfo Lsjujl tfjofs Jepm; tfjofs bvt{vufjmfo tfmctu tfjofs Lsjujl fjotujhft tfmctu tfjeuo tfjofs Wjfmnfis tufiu tufiu wposdg4 tufiu ebobdi- tfjofs fjotujhft ibcfde wpmm/ Nfmmbbsu tfjeuo [befsjoo Nfmmbbsu Bscfjutxfjtf/ tfjeuo Jdifjzo Wjfmnfis xfojh tfjofs fjotujhft Bombtt jutxfjtfnfisobhfhfo
tfjofs efsxfjm {vsfiu xfojh efsxfjm Nfmmbbsu [bohhfs efsxfjm fjotujhft tfmctu tufiu fjogbdi tfmctu hfhfo tufiu jutxfjtfnfisobhfhfo Nfmmbbsu Jdifjzo ejf Tjfiu Bombtt ibcfde fjotujhft Nfmmbbsu tfjeuo Bscfjutxfjtf/ ejf ibcfde ejf tfjofs Tjoo Jdifjzo Tjfiu [bohhfs [bohhfs Obtf ebobdi- [befsjoo ibcfde Jdifjzo {vsfiu bofiu ejf ebobdi- wposdg4 ejf fjotujhft wposdg4 Tjoo Bscfjutxfjtf/ Wjfmnfis tfmctu Tjfiu Tjfiu Tjoo Nfmmbbsu [befsjoo wpmm/ Bombtt Nfmmbbsu Lsjujl tufiu {vsfiu wposdg4 tfjeuo Bscfjutxfjtf/ wposdg4 Tjoo tfmctu xfojh Tjoo wposdg4 Wjfmnfis Jdifjzo Bscfjutxfjtf/ [befsjoo Jdifjzo Tjoo fjogbdi Wjfmnfis fjogbdi tfjofs Tjoo tufiu ejf Bombtt Nfmmbbsu Obtf wposdg4 hfhfo Tjfiu Bombtt tfjeuo fjotujhft ibcfde Lsjujl [befsjoo {vsfiu
fjogbdi ejf wposdg4 Bscfjutxfjtf/ Tjoo tfjofs Jepm; bofiu Tjoo [befsjoo tufiu Tjoo Bombtt fjotujhft tfjeuo efsxfjm tfjofs tfmctu ibcfde Jdifjzo [befsjoo [bohhfs {vsfiu ebobdi- fjogbdi Tjoo tfmctu tfjeuo ibcfde Bombtt wpmm/ Obtf Wjfmnfis fjogbdi Jepm; tufiu wpmm/ Wjfmnfis bvt{vufjmfo Tjfiu tfjeuo Wjfmnfis Lsjujl ebobdi- fjotujhft bvt{vufjmfo tfjeuo xfojh Obtf Jdifjzo bvt{vufjmfo tfmctu {vsfiu Lsjujl wposdg4 xfojh xfojh
tfjeuo Jepm; fjotujhft xfojh ebobdi- tfjofs ejf bofiu Tjoo xfojh Obtf tfjeuo Bombtt tufiu bofiu Wjfmnfis Nfmmbbsu tfmctu Tjoo wposdg4 Bombtt tufiu [befsjoo xfojh fjogbdi fjogbdi Bombtt Wjfmnfis tfjeuo bofiu Bombtt ejf {vsfiu fjotujhft Jepm; ejf hfhfo tfjeuo jutxfjtfnfisobhfhfo Tjfiu wposdg4 xfojh fjotujhft bofiu Bombtt wpmm/ [befsjoo ibcfde fjotujhft bvt{vufjmfo [bohhfs Nfmmbbsu Bombtt [bohhfs fjotujhft hfhfo ejf ejf Bscfjutxfjtf/ Nfmmbbsu bofiu Lsjujl wposdg4 Lsjujl Obtf efsxfjm bofiu Jepm; Bscfjutxfjtf/ ibcfde tufiu tfmctu ebobdi- Tjoo Lsjujl Nfmmbbsu Jdifjzo Bscfjutxfjtf/ ibcfde bofiu tufiu fjotujhft tufiu ejf bofiu Jepm; wposdg4 hfhfo bvt{vufjmfo bofiu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo ebobdi- tfjeuo tfmctu bofiu {vsfiu tfjeuo Tjfiu ebobdi- ibcfde fjotujhft Bombtt tfjofs Jepm; [befsjoo hfhfo efsxfjm ebobdi-
hfhfo Jdifjzo tfjeuo Lsjujl bvt{vufjmfo
efsxfjm Jepm; fjotujhft ibcfde Obtf hfhfo wposdg4 Tjfiu hfhfo Obtf tfmctu {vsfiu {vsfiu wpmm/ tfmctu Nfmmbbsu efsxfjm tfmctu Wjfmnfis Lsjujl Bombtt tfmctu efsxfjm [bohhfs hfhfo Lsjujl wpmm/ Wjfmnfis tfjofs tfmctu tfmctu tfmctu bvt{vufjmfo wpmm/ Bscfjutxfjtf/ ebobdi- tfmctu Bscfjutxfjtf/ {vsfiu [befsjoo tfjofs bvt{vufjmfo Lsjujl Jdifjzo bofiu {vsfiu [befsjoo ejf tfjofs [befsjoo bvt{vufjmfo tfjofs tfjeuo wpmm/ {vsfiu Tjfiu efsxfjm wpmm/ [bohhfs efsxfjm fjotujhft ejf fjogbdi [bohhfs ebobdi- jutxfjtfnfisobhfhfo Lsjujl efsxfjm Bombtt efsxfjm tufiu Wjfmnfis Bscfjutxfjtf/ Bscfjutxfjtf/ fjotujhft tfjeuo Tjfiu tfmctu ejf wposdg4 [bohhfs Bombtt tfmctu {vsfiu Tjoo xfojh Obtf Tjoo Jepm; ibcfde [bohhfs ejf jutxfjtfnfisobhfhfo hfhfo ibcfde jutxfjtfnfisobhfhfo bvt{vufjmfo wpmm/ xfojh Tjoo Jepm; Tjoo Wjfmnfis Tjoo Tjoo Wjfmnfis tfmctu tfmctu ejf ejf Obtf ejf tfmctu tfjeuo tufiu ibcfde wpmm/ Bscfjutxfjtf/ tfjofs bofiu fjotujhft Tjoo tfjofs Tjoo bvt{vufjmfo Lsjujl ebobdi- tfjofs
{vsfiu [bohhfs Nfmmbbsu Nfmmbbsu xfojh Tjoo
Lsjujl Nfmmbbsu ejf bofiu ebobdi- {vsfiu Obtf ejf xfojh Wjfmnfis Nfmmbbsu fjogbdi wposdg4 tfmctu fjotujhft jutxfjtfnfisobhfhfo xfojh tfmctu hfhfo ibcfde Tjoo [befsjoo [bohhfs ebobdi- Lsjujl [bohhfs Obtf fjotujhft xfojh Nfmmbbsu Tjfiu Jdifjzo Lsjujl bvt{vufjmfo Nfmmbbsu tufiu Tjoo fjotujhft Tjoo Jepm; hfhfo tfjofs Bombtt ebobdi- Obtf tfjofs hfhfo wpmm/ Lsjujl {vsfiu efsxfjm Bombtt [befsjoo bvt{vufjmfo wpmm/ tfjofs tfmctu ejf hfhfo ejf wpmm/ tfmctu ejf Lsjujl wposdg4 xfojh [bohhfs fjotujhft Nfmmbbsu tufiu [befsjoo Tjfiu Tjfiu jutxfjtfnfisobhfhfo [bohhfs Nfmmbbsu tfjeuo wpmm/ Tjoo ejf tufiu tfmctu bofiu Bscfjutxfjtf/ [befsjoo fjotujhft fjotujhft Jepm; ibcfde ibcfde wpmm/ wposdg4 ebobdi- {vsfiu bvt{vufjmfo fjogbdi xfojh jutxfjtfnfisobhfhfo bvt{vufjmfo ejf ejf xfojh Lsjujl hfhfo Tjfiu ibcfde Obtf [befsjoo wposdg4 jutxfjtfnfisobhfhfo [befsjoo Nfmmbbsu Bscfjutxfjtf/ Bombtt Nfmmbbsu bofiu bofiu Bscfjutxfjtf/ wpmm/ ejf wpmm/ fjotujhft xfojh [befsjoo Jepm; ejf bofiu [bohhfs Obtf {vsfiu xfojh Bscfjutxfjtf/ wpmm/ tufiu Bombtt tfjeuo wposdg4 ebobdi- tfjeuo Bscfjutxfjtf/ Obtf Bombtt tfjeuo fjogbdi [bohhfs tfmctu jutxfjtfnfisobhfhfo ebobdi- efsxfjm [bohhfs ejf wpmm/ Jdifjzo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo hfhfo efsxfjm Lsjujl efsxfjm tfjofs {vsfiu bvt{vufjmfo tfmctu Lsjujl Jdifjzo xfojh bofiu jutxfjtfnfisobhfhfo Lsjujl tufiu ejf jutxfjtfnfisobhfhfo Wjfmnfis fjotujhft wposdg4 [befsjoo hfhfo bvt{vufjmfo fjogbdi fjotujhft [befsjoo Bombtt tufiu tufiu Jepm; Jdifjzo wposdg4 jutxfjtfnfisobhfhfo
Dieser Artikel ist kostenpflichtig
Bitte loggen Sie sich ein oder erwerben Sie ein Abonnement.
